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Teck ups stake in Peruvian copper/gold project

By:  
Creamer Media Deputy Editor: North America
 
M&A
Canadian diversified miner Teck Resources has agreed to buy all outstanding shares of TSX-V-listed AQM Copper for C$25-million, the company said Monday. Teck already owns about 30% of AQM’s stock, and the deal will give it access to the junior’s 30% indirect interest in the Zafranal copper/gold project, in southern Peru, in which Teck holds a 50% indirect interest.
 
 
 
 
 

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