Teck Resources Ltd. announced today it has purchased the SunMine solar energy facility in Kimberley, British Columbia, from the City of Kimberley. SunMine is located on fully reclaimed land at Teck’s former Sullivan Mine site. The 1.05 MW solar facility, operational since 2015, is the first grid-connected solar facility in British Columbia and the first built on a reclaimed mine site, and has potential for future [...]
Teck Resources Ltd. will release its fourth quarter 2019 earnings results on Friday, February 21, 2020 before market open. The company will hold an investor conference call to discuss the fourth quarter 2019 earnings results at 11:00 a.m. Eastern time / 8:00 a.m. Pacific time on Friday, February 21, 2020. The conference call dial-in is 416.340.2216 or toll free 800.273.9672, no pass code required. Media are invited to [...]
Teck Resources Ltd. announced today an expanded commercial agreement with Ridley Terminals Inc. for shipments of steelmaking coal from Teck’s British Columbia operations. The agreement runs from January 2021 to December 2027, and increases contracted capacity from 3 million tonnes per annum to 6 Mtpa with an option for Teck to extend up to 9 Mtpa. This will enable Teck to increase its shipment volumes through the [...]
Teck Resources Ltd. announced today that the Teck Carmen de Andacollo Workers Union, which represents 473 workers at Teck Carmen de Andacollo Operations in Chile, has ratified a new 36-month collective agreement. The benefits of the agreement are effective as of December 5, 2019, and operations have now resumed at CdA. About Teck Teck is a diversified resource company committed to responsible mining and mineral [...]
CN and Teck Resources Ltd. announced today a long-term rail agreement for shipping of steelmaking coal from Teck’s four B.C. operations between Kamloops and Neptune Terminals, and other west coast ports. The agreement runs from April 2021 to December 2026, and will enable Teck to significantly increase shipment volumes through an expanded Neptune Terminals. The agreement also provides for investments by CN of more [...]
Teck Resources Ltd. President and Chief Executive Officer, Don Lindsay will be presenting at the Citi Basic Materials Conference on Wednesday, December 4, 2019 at 10:15 a.m. Eastern/7:15 a.m. Pacific time. The investor presentation will include information on company strategy, financial performance, and outlook for the company’s business units. The presentation will be webcast through the following link at [...]
Teck Resources Ltd. has been named for the third consecutive year as one of Canada’s Top 100 Employers by Mediacorp Canada’s Top Employers program which recognizes companies for exceptional human resources programs and forward-thinking workplace policies. “Our success as a company is driven by our people and we are proud to be recognized among the leading employers in Canada,” said Don Lindsay [...]
Teck Resources Ltd. announced today that it will pay an eligible dividend of $0.05 per share on its outstanding Class A common shares and Class B subordinate voting shares on December 31, 2019, to shareholders of record at the close of business on December 13, 2019. About Teck Teck is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper [...]
Teck Resources Ltd. reported adjusted EBITDA1 2 of $1.1 billion for the third quarter. Adjusted profit attributable to shareholders1 2 was $403 million compared with $466 million a year ago. Profit attributable to shareholders was $369 million for the third quarter of 2019 compared with $1.3 billion a year ago. “Over the past few years, we have focused our attention on maximizing production to capture margin during [...]
Teck Resources Ltd. today announced it is launching two new electric passenger buses to transport employees to and from its Fording River and Greenhills steelmaking coal operations in British Columbia’s Elk Valley region. The electric passenger buses will replace diesel buses in Teck’s passenger bus fleet as a more environmentally beneficial, cost effective and comfortable employee transport option. This [...]
Teck Resources Ltd. has been informed that the Toronto Stock Exchange has accepted Teck’s notice of intention to make a normal course issuer bid to purchase its Class B subordinate voting shares . Under the normal course issuer bid, Teck may purchase up to 40 million Class B Shares during the period starting October 28, 2019 and ending October 27, 2020, representing approximately 7.3% of the outstanding Class B [...]
Teck Resources Ltd. today announced the appointment of Ian Anderson as Vice President, Logistics and André Stark as Vice President, Marketing, with responsibility for Coal and Base Metals. As Vice President, Logistics, Mr. Anderson will be responsible for coordinating Teck’s overall logistics strategy and implementing a cost efficient supply chain. Mr. Anderson joined Teck in 2003, and since then has held [...]