CAPITAL MARKETS

Teck actions under scrutiny in SoG case

ADMINISTRATORS of failed gold and tantalum miner Sons of Gwalia expect to know within six months whether legal action will be pursued against Teck Cominco in relation to the sale of the PacMin Mining assets back in 2001.

Michael Quinn
Teck actions under scrutiny in SoG case

Ferrier Hodgson’s recently released report to creditors cited SoG’s $184 million acquisition of PacMin Mining Corp, an 80% subsidiary of Canadian major Teck Cominco, as contributing to the company’s collapse....

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