Teck invests $31.1M in sea exploration company

Dec 07, 2006 | 06:48 AM | Meghann McDonell

Teck Cominco Ltd., Vancouver, British Columbia, has invested $31.1 million in Nautilus Minerals Inc., a Vancouver-based company that explores the ocean floor for zinc, gold, copper and silver sulfide deposits.

The investment puts Teck nearly on par with fellow shareholder Anglo American Plc, which has a 10.1-percent ownership of the company. Other large shareholders include Epion Holdings Ltd., which retains about....





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