Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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herbie1

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Teck Must Decide What to do With All the Cash

posted on Nov 16, 2023 03:08PM

Teck gets a clean exit from coal & now must decide what to do with all the cash: analyst

Lucas Pipes, managing director with B. Riley Securities, joins BNN Bloomberg to discuss the Teck-Glencore deal. Pipes says Teck's sale of its coal operations to Glencore raises the question of what it will do with more than US$8B in cash proceeds. Massive cost over-runs at the company's QB2 mine in Chile, have forced a re-evaluation of growth projects, he says.

https://www.bnnbloomberg.ca/video/teck-gets-a-clean-exit-from-coal-now-must-decide-what-to-do-with-all-the-cash-analyst~2807922