Teck Cominco Company Description
Teck Cominco really digs zinc. Its Red Dog mine in Alaska holds some of the world's largest zinc reserves. The company also owns or has interests in a number of mining projects located in Canada, Peru, and elsewhere in the US. Teck also mines gold, coal, and copper. Its coal operations consist of subsidiary Fording Canadian Coal Trust. (Teck had owned less than 20% of Fording until it spent $14 billion in 2008 to buy the rest of it.) Teck was founded in 1913 as a gold miner, and the company still mines more than 200,000 ounces of gold a year in Canada.
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The Company Description provides a historical perspective of Teck Cominco's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Teck Cominco's evolution in the marketplace.
