VANCOUVER, Oct. 1 /CNW/ - Teck Cominco Limited announced today that Highland Valley Copper and Local 7619 of the United Steelworkers of America have reached a tentative collective agreement with the assistance of mediator Vince Ready. Union ratification votes will be scheduled to take place over the next 7 to 10 days. The tentative agreement is for a 5 year term, expiring September 30, 2011. No other terms of the agreement will be disclosed until ratification is complete. Highland Valley operations had been shut down on an orderly basis prior to completion of negotiations. Full production is expected to be restored in approximately 3 days. Teck Cominco is a diversified mining company, headquartered in Vancouver, Canada. Its shares are listed on the Toronto Stock Exchange under the symbols TCK.A and TCK.B and on the New York Stock Exchange under the symbol TCK. The company is a world leader in the production of zinc and metallurgical coal and is also a significant producer of copper, gold, indium and other specialty metals. Further information can be found at www.teckcominco.com.
Teck Cominco Limited - Tentative agreement at Highland Valley Copper
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Earlier from Teck Resources
- Teck Cominco Announces Receipt of Strike Notice at Highland Valley Copper
- Teck Cominco announces revised sales guidance
- Teck Cominco and The Land Conservancy partnership will create and protect unique 2,200 acre Conservancy area near Trail
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Later from Teck Resources
- Highland Valley Copper Collective Agreement Ratified
- Teck Cominco Q3 Financial Results October 3O and Investors' Conference Call October 31
- Electrical Damage at Pogo Gold Mine
- Pogo mine update
- Teck Cominco Implements Chief Mines Inspector's Recommendations
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