FN Media Group Presents USA News Group News Commentary

VANCOUVER, B.C., March 17, 2023 /PRNewswire/ -- USA News Group - Spin-out opportunities in the mining sector can generate mixed reactions from the market when they arise, depending on how they're handled. And this year is no different as multiple opportunities are arising, with much of the headlines going towards talk of Teck Resources Limited (NYSE:TECK) (TSX:TECK-A) exploring splitting off its steelmaking coal operations into a spin-out company worth an estimated $11 billion, in order to focus on copper and other "future-friendly" metals. Now other miners large and small are exploring their spin-out playbooks, including Usha Resources Ltd. (TSXV:USHA) (OTCQB:USHAF), Vale S.A. (NYSE:VALE), and Hecla Mining (NYSE:HL) with Atac Resources Ltd. (TSXV:ATC) (OTCQB:ATADF).