Teck Resources Ltd. today provided unaudited third quarter 2022 steelmaking coal sales volumes and realized prices. Our third quarter steelmaking coal sales were 5.6 million tonnes, within our revised guidance of 5.5 - 5.9 million tonnes. The realized steelmaking coal price in the third quarter averaged US$304 per tonne. We expect to report negative provisional pricing adjustments of $191 million in the third quarter due [...]
BCIT and Teck Resources Ltd. today announced that Teck is contributing $5 million to the BCIT INSPIRE Campaign. The donation, which represents the second-largest total contribution to the campaign to date, will support campus redevelopment and new teaching and learning innovations as well as expand the use of antimicrobial copper across BCIT's campuses. Of Teck's contribution, $1.4 million was provided in capital funding [...]
Teck Resources Ltd. announced today that there has been a structural failure of the plant feed conveyor belt at its Elkview steelmaking coal operation in the Elk Valley of British Columbia. Initial estimates are that production at Elkview Operations will be interrupted for 1-2 months as repairs are implemented. Elkview will reschedule planned plant maintenance to take advantage of plant downtime and mine operations will [...]
Agnico Eagle Mines Ltd. and Teck Resources Limited announced today that Agnico Eagle has agreed to subscribe for a 50% interest in Minas de San Nicolás. As a result of the Transaction, Teck and Agnico Eagle will become 50/50 joint venture partners at San Nicolás. "San Nicolás is a high-quality project, located in a leading mining jurisdiction, with high grades, extremely competitive capital intensity, and first quartile [...]
Agnico Eagle Mines Ltd. and Teck Resources Ltd. announced today that Agnico Eagle has agreed to subscribe for a 50% interest in Minas de San Nicolás, S.A.P.I. de C.V. , a wholly-owned Teck subsidiary which owns the San Nicolás copper-zinc development project located in Zacatecas, Mexico . As a result of the Transaction, Teck and Agnico Eagle will become 50/50 joint venture partners at San Nicolás. "San Nicolás is a [...]
Teck Resources Ltd. will release its third quarter 2022 earnings results before market open on Thursday, October 27, 2022. A webcast to review the results will be held as follows: Date: Thursday, October 27, 2022 Time: 8:00 a.m. PT / 11:00 a.m. ET Listen-Only Webcast: teck.com Dial In for Investor & Analyst Q&A: 416.915.3239 or 1.800.319.4610 Quote "Teck Resources", to join the call An archive of the webcast will be [...]
Thompson Rivers University and Teck Resources Ltd. today announced a partnership to improve health and safety for staff, students and faculty on campus through the use of antimicrobial copper on high-touch surfaces. Through Teck's Copper & Health program, Teck is installing more than 650 antimicrobial copper surfaces at three key buildings on the Kamloops campus: Old Main, the Campus Activity Centre and the Chappell [...]
Teck Resources Ltd. and Science World today announced a partnership providing an added layer of protection for visitors and staff at Science World while building awareness of copper's antimicrobial properties and the role metals play in our everyday lives. Through its Copper & Health program, Teck has made a $650,000 contribution to Science World, the fourth largest attraction in British Columbia, to outfit high-traffic [...]
Vancouver International Airport and Teck Resources Ltd. today announced a partnership through YVR's Innovation Hub and Teck's Copper & Health program to install antimicrobial copper on high-touch surfaces to help protect the health and safety of travellers, visitors and staff. With this installation, YVR is the first airport in Canada to incorporate antimicrobial copper, which is proven to continuously kill bacteria and [...]
Teck Resources Ltd. announced today that initiatives deployed through its technology transformation programs, highlighted by the signature RACE21™ program, are expected to generate approximately $1.1 billion in recurring, annualized benefits through enhanced operational performance, safety and sustainability. "From advanced analytics to machine learning to automation, our RACE21™ program has built on our long-standing [...]
Teck Resources Ltd. announced today, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual Meeting of Shareholders held on Wednesday, April 27, 2022 . A total of 6,685,993 Class A common shares and 390,582,052 Class B subordinate voting shares were voted at the Meeting, representing 81.24% of the votes attached to all outstanding shares. Shareholders voted in favour of all items of [...]
Teck Resources Ltd. today announced its unaudited first quarter results for 2022. "We had an exceptional start to 2022 with continued high commodity prices driving record-setting financial results across our business. Our intention to repurchase a further US$500 million in Class B subordinate voting shares demonstrates both our confidence in the outlook for our business and our commitment to balance growth with [...]