VANCOUVER, British Columbia, July 30, 2018 -- Teck Resources Ltd. today announced that it has commenced cash tender offers to purchase up to U.S.$1,000,000,000 aggregate principal amount of the following series of notes issued by Teck: Dollars per U.S.$1,000 Principal Amount of Notes Title of Notes CUSIP Number Aggregate Principal Amount Outstanding Acceptance Priority Level Tender Offer Consideration Early Tender Premium [...]
VANCOUVER, British Columbia, July 26, 2018 -- Teck Resources Ltd. , today announced the closing of the sale of its two-thirds interest in the Waneta Dam in British Columbia, Canada, to BC Hydro for $1.2 billion cash. The transaction has received the necessary regulatory approvals and consents, including approval by the BC Utilities Commission. Teck will record an after-tax gain of approximately $820 million as a result of [...]
VANCOUVER, British Columbia, July 26, 2018 -- Teck Resources Ltd. announced today that its partner in the Galore Creek joint venture project, NovaGold Resources Inc. , has entered into an agreement to sell its 50% project interest to Newmont Mining Corp. for US$275 million in staged and contingent payments. Teck and Newmont have agreed to a work plan at Galore Creek with the objective of completing an updated [...]
VANCOUVER, British Columbia, July 26, 2018 -- Teck Resources Ltd. reported adjusted profit attributable to shareholders of $653 million in the second quarter compared with $580 million in 2017. “Our results for the second quarter were strong, with adjusted profit of $653 million and adjusted EBITDA of $1.4 billion,” said Don Lindsay, President and CEO. “Our operations continued to perform well, Fort [...]
VANCOUVER, British Columbia, July 25, 2018 -- Teck Resources Ltd. announced today that Dominic Barton has agreed to join its Board of Directors, effective September 1, 2018. Mr. Barton has been the Global Managing Partner of McKinsey & Company for the past nine years. He is the Chair of the Canadian Minister of Finance’s Advisory Council on Economic Growth and the Chair of the Seoul International Business Advisory [...]
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 September 28, 2018, to shareholders of record at the close of business on September 14, 2018. About Teck Teck is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper [...]
VANCOUVER, British Columbia, June 26, 2018 -- Teck Resources Ltd. will release its second quarter 2018 earnings results on Thursday, July 26, 2018 before market open. The company will hold an investor conference call to discuss the second quarter 2018 earnings results at 11:00 a.m. Eastern time / 8:00 a.m. Pacific time on Thursday, July 26, 2018. The conference call dial-in is 416.340.2216 or toll free 866.225.0198, no [...]
VANCOUVER, British Columbia, June 07, 2018 -- Teck Resources Ltd. has been recognized as one of the top companies in Canada for corporate citizenship by media and investment research company Corporate Knights, marking the twelfth consecutive year Teck has been named to the Best 50 Corporate Citizens in Canada ranking. “Through responsible resource development, Teck produces the materials that are used to enhance the [...]
FORT MCMURRAY, Alberta, June 06, 2018 -- Métis Nation of Alberta, Region 1, five Métis locals and Teck Resources Ltd. today announced the signing of participation agreements for Teck’s proposed Frontier oil sands project. The agreements include the following Métis Nation of Alberta, Region 1 locals located in the area of the proposed Frontier Project: Métis Local #1949 Owl River [...]
VANCOUVER, British Columbia, May 25, 2018 -- Teck Resources Ltd. announced the release of its 2017 Sustainability Report, Horizons, which was published on Thursday, April 26, 2018. The company will hold a conference call to discuss the Sustainability Report at 11:00 a.m. Eastern time / 8:00 a.m. Pacific time on Tuesday, June 12, 2018. The conference call dial-in is 416.340.2216 or toll free 866.225.0198, no pass code [...]
VANCOUVER, British Columbia, May 22, 2018 -- Teck Resources Ltd. President and Chief Executive Officer, Don Lindsay will be presenting at the Deutsche Bank 9th Annual Global Industrials & Materials Summit on Wednesday, June 6, 2018 at 8:40 a.m. Central/6:40 a.m. Pacific time. The investor presentation will include information on company strategy, financial performance, and outlook for the company’s business units [...]
VANCOUVER, British Columbia, April 27, 2018 -- Teck Resources Ltd. President and Chief Executive Officer, Don Lindsay will be presenting at the Bank of America Merrill Lynch Global Metals, Mining and Steel conference on Tuesday, May 15, 2018 at 11:45 a.m. Eastern/8:45 a.m. Pacific time. The investor presentation will include information on company strategy, financial performance, and outlook for the company’s [...]
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