Teck walks away from Frontier oilsands project

Teck Resources (TSX:TECK.A | TECK.B)(NYSE:TCK) has officially withdrawn its application to build the C$20.6-billion ($15.7bn) Frontier oilsands mine, just days before the Canadian government was slated to make a decision on the 260,000-barrel-per-day project in northern Alberta. As a result,...