12:04 PM EST - Teck Resources Limited : announced that a major expansion at the Antamina mine in Peru is expected to increase ore throughput by about 38% to 130,000 tonnes per day, and annual production of copper and zinc by about 30% on completion in late 2011. Teck owns a 22.5% interest in Compania Minera Antamina or "CMA", which owns the mine. CMA will invest $1.288 billion U.S. to expand its mining and processing facilities. The expansion project cost will be funded out of cash flow and borrowings by CMA. Teck expects its share of CMA distributions to be reduced by no more than about $100 million U.S. in total during 2010 and 2011 as construction progresses. Teck Resources Limited
shares T.TCK.A are trading up $0.40 at $40.35.
