Teck Cominco will slash spending, sell assets and suspend dividend payments under a sweeping plan to cut debt. For full story, click here
Continue reading "Teck cuts dividend, sells assets to pay down debt"
Friday, July 25, 2008
Tech Comnico’s CEO Don Lindsay suggested that a number of zinc operations may close due to decline in zinc prices. He was quoted as saying: Ultimately if the zinc prices stays in the current range, we think there will be other shutdowns. For full information, visit this link
Continue reading "More Zinc operations may close due to declining prices"
Friday, July 25, 2008
Tech Comnico is exploring the use of Wind Power in its zinc facility as rising diesel prices is hurting the profit of the company. Chief Executive Officer Donal Lindsay was quoted as saying: At Red Dog we’re looking at wind as a possibility, natural gas as a possibility, and at every operation there’s a focus [...]
Continue reading "Tech Comnico evaluating Wind power for zinc facility"
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Friday, November 21, 2008