Cominco cashes in on demand for power with electricity sale

Article Abstract:

Vancouver-based Cominco Ltd. will cash in on rising energy prices by selling $132-million worth of hydro-generated electricity, even though it means cutting back on the production of zinc.

Author: Stueck, Wendy
Electric Power Generating, Electric Power Generation, Electric services, Electric utilities

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Cominco merger `logical,' Teck CEO says

Article Abstract:

The article discusses the inevitability of a merger between Teck Corp. and its 50%-owned zinc-producing affiliate, Cominco Ltd., due to consolidation in the global mining market. Despite speculation as to the inevitability of a merger, though, Teck chairman Norman Keevil said that neither company is rushing to merge.

Author: Stueck, Wendy, Kennedy, Peter
Beliefs, opinions and attitudes, Keevil, Norman

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Teck snaps up Cominco in $1.5-billion deal

Article Abstract:

Teck Corp. is acquiring Cominco Ltd. in a deal worth C$1.5 billion. The acquisition of the 50%-owned Cominco will form a new company that will be called Teck Cominco Ltd.

Author: Kennedy, Peter
Organizational history, Management, Teck Cominco Ltd.

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Subjects list: Canada, Mergers, acquisitions and divestments, Metal industries, Mining industry, Cominco Ltd., CLT, Metal industry, Teck Corp., Ores
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