Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
VANCOUVER, BRITISH COLUMBIA–(Marketwire – Sept. 29, 2011) – Teck Resources Limited (“Teck”, TSX: TCK.A and TCK.B, NYSE: TCK) announced today that strike notice has been received for its Highland Valley Copper Operations from the United Steelworkers of America Local 7619. The strike notice entitles the union to begin strike action on October 2, 2011 at the earliest. Negotiations are ongoing. The current labour agreement at the mine expires on September 30, 2011.
