Business
Teck Cominco Limited - Tentative agreement at Highland Valley Copper
Teck Cominco Limited - Tentative agreement at Highland Valley Copper.
About this update from Teck Resources Limited Class A
[{"type":"text","content":"\n\n\n\n\nVANCOUVER, Oct. 1 /CNW/ - Teck Cominco Limited announced today that\nHighland Valley Copper and Local 7619 of the United Steelworkers of America\nhave reached a tentative collective agreement with the assistance of mediator\nVince Ready.\nUnion ratification votes will be scheduled to take place over the next 7\nto 10 days.\nThe tentative agreement is for a 5 year term, expiring September 30,\n2011. No other terms of the agreement will be disclosed until ratification is\ncomplete.\nHighland Valley operations had been shut down on an orderly basis prior\nto completion of negotiations. Full production is expected to be restored in\napproximately 3 days.\n\nTeck Cominco is a diversified mining company, headquartered in Vancouver,\nCanada. Its shares are listed on the Toronto Stock Exchange under the symbols\nTCK.A and TCK.B and on the New York Stock Exchange under the symbol TCK. The\ncompany is a world leader in the production of zinc and metallurgical coal and\nis also a significant producer of copper, gold, indium and other specialty\nmetals. Further information can be found at www.teckcominco.com.\n\n\n\n\n","length":1183,"tagName":"div"}]