Copper-Zinc: Teck to purchase Goldcorp’s San Nicolás interest

[caption id="attachment_1003719017" align="alignnone" width="352"] Logo courtesy of Teck.[/caption] Teck Resources today announced that its Mexican subsidiary has entered into a binding agreement with a subsidiary of Goldcorp Inc. to purchase its 21% minority interest in the San Nicolás Project located in Zacatecas, Mexico for cash consideration of US$50 million. On completion of the transaction Teck will own 100% of the San Nicolás Project. The transaction is subject to customary closing conditions and is expected to close in the third quarter of 2017. For more details, visit www.teck.com.