CAPITAL MARKETS

Teck farms in on Haddington's Smithfield project

THE Australian arm of Canadian major Teck Cominco will explore the Smithfield base metal prospect in Western Australia under a farm in and joint venture agreement with Haddington Resource's subsidiary Australian Tantalum.

Rebecca Keenan

Under the agreement Teck will have a one year option to evaluate the Smithfield prospect and can earn a 75% interest by spending $500,000 on exploration. After Teck earns its 75% interest Australian...

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