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 March 29, 2019, to shareholders of record at the close of business on March 15, 2019. About Teck Teck is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper, steelmaking [...]
Teck Resources Ltd. today announced that it currently expects to report earnings and EBITDA for the fourth quarter of 2018 significantly below current consensus estimates. Teck believes that disappointing fourth quarter financial results of Teck’s Energy Business Unit and Trail Operations, as well as inventory valuations, could account for the bulk of the difference between expected financial results and consensus [...]
Teck Resources Ltd. today announced a partnership with the World Food Programme to fund and launch a new US$3 million pilot program aimed at improving the health, and economic opportunities of small-scale farmers in China’s Gansu Province. The program seeks to reduce zinc deficiency and improve the quality of farmers’ potato crops by providing zinc-enriched fertilizer, training and support in innovative [...]
Teck Resources Ltd. has been recognized as one of the 2019 Global 100 Most Sustainable Corporations by media and investment research company, Corporate Knights. Teck was the top-ranked company in the Metals and Mining category. “Teck is committed to producing the materials essential to building a better quality of life for people around the world in a responsible and sustainable manner,” said Don Lindsay [...]
Teck Resources Ltd. Senior Vice President Finance and Chief Financial Officer, Ron Millos and Senior Vice President Corporate Development, Andrew Golding will be presenting at the CIBC Whistler Institutional Investor Conference on Thursday, January 24, 2019 at 11:35 a.m. Eastern/8:35 a.m. Pacific time. The discussion may include information on company strategy, financial performance and outlook for the company’s [...]
Teck Resources Ltd. Senior Vice President Finance and Chief Financial Officer, Ron Millos and Senior Vice President Corporate Development, Andrew Golding will be presenting at the CIBC Whistler Institutional Investor Conference on Thursday, January 24, 2019 at 5:35 a.m. Eastern/8:35 a.m. Pacific time. The discussion may include information on company strategy, financial performance and outlook for the company’s [...]
Teck Resources Ltd. will release its fourth quarter 2018 earnings results on Wednesday, February 13, 2019 before market open. The company will hold an investor conference call to discuss the fourth quarter 2018 earnings results at 11:00 a.m. Eastern time / 8:00 a.m. Pacific time on Wednesday, February 13, 2019. The conference call dial-in is 647.484.0475 or toll free 888.394.8218, no pass code required. Participants will [...]
Teck Resources Ltd. announced today that it has acquired 12,500,000 common shares of Sun Metals Corp. , at a cost of $0.28 per common share for an aggregate purchase price of $3,500,000. The shares were acquired privately on December 20, 2018 pursuant to a donation arrangement . As a result of the Acquisition, Teck holds 12,500,000 common shares of Sun Metals, or approximately 13.8% of Sun Metals’ outstanding common [...]
Teck Resources Ltd. today announced the appointment of Greg Brouwer to Vice President, Technology and Innovation; Amparo Cornejo to Vice President, Chile Sustainability and Corporate Affairs; Chris Dechert to Vice President, South America; Sepanta Dorri to Vice President, Corporate Development; Karla Mills to Vice President, Project Development; Crystal Prystai to Vice President and Corporate Controller; and Keith Stein [...]
Teck Resources Ltd. today announced the appointment of Dean Winsor as Senior Vice President and Chief Human Resources Officer . Mr. Winsor brings to the role nearly 30 years of operations and corporate experience in the mining industry in the areas of human resources and procurement. He joined Teck in 1999 and most recently held the position of Vice President, Human Resources. “Dean has extensive experience in [...]
Teck Resources Ltd. announced today that Sumitomo Metal Mining Co., Ltd. and Sumitomo Corporation have agreed to acquire a 30% indirect interest in Compañia Minera Teck Quebrada Blanca S.A. , which owns the Quebrada Blanca Phase 2 project. The Teck board has also approved the QB2 project for full construction, with first production targeted for the second half of 2021. The consideration payable by SMM and SC [...]
Teck Resources Ltd. announced today that its Board of Directors has approved the distribution of cash to shareholders through both a dividend and share repurchase mandate. Teck will pay an eligible dividend of $0.15 per share on its outstanding Class A common shares and Class B subordinate voting shares on December 31, 2018, to shareholders of record at the close of business on December 14, 2018. This dividend represents [...]