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    Teck Delays Chilean Copper Project on Low Prices

    Investing News Network
    Jul. 26, 2013 07:46AM PST
    Base Metals Investing

    Bloomberg reported that Teck Resources (TSX:TCK.B,TSX:TCK.A,NYSE:TCK,OTCMKTS:TCKRF) announced that they have delayed development at the Quebrada Blanca copper mine due to a drop in copper prices.

    Bloomberg reported that Teck Resources (TSX:TCK.B,TSX:TCK.A,NYSE:TCK,OTCMKTS:TCKRF) announced that they have delayed development at the Quebrada Blanca copper mine due to a drop in copper prices.

    As quoted in the market report:

    Development at the Quebrada Blanca Phase 2 copper project has also been slowed by issues with environmental permitting and construction will now start in 2016 at the earliest.

    To view the whole Bloomberg report, click here.

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