Teck Resources, the Vancouver based company, announced that its Mexican subsidiary has entered into a binding agreement with a subsidiary of Goldcorp Inc. to purchase its 21 percent interest in the San Nicolás Project located in Zacatecas, Mexico. The mine extracts both zinc and copper and the interest is valued at $50 million. Teck will become sole owner of the mine. The transaction is expected to close in the third quarter of 2017.