Property News
July 7, 2009
Teck Resources announced today the closing of the previously announced US$245 million sale of its 40% interest in the Pogo gold mine in Alaska to affiliates of Sumitomo Metal Mining Co. Ltd. and Sumitomo Corporation.
March 31, 2009
During the quarter reported production in the first quarter was 90,800 ounces compared with 83,200 ounces in the same period a year ago, due to a draw down of work in process inventories.
December 31, 2008
For the quarter ended reported gold production in the fourth quarter was 89,000 ounces compared with 81,000 ounces in the same period a year ago. Higher ore grades in the quarter were partly offset by lower mill recoveries primarily in the sulphide floatation circuit. Metallurgical test work is ongoing to identify the problem.
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