Teck Resources Ltd.

Teck Resources Ltd. reported adjusted profit attributable to shareholders of $700 million in the fourth quarter compared with $930 million a year ago. Annual adjusted profit attributable to shareholders for 2017 was $2.6 billion, or $4.45 per share, compared with $1.1 billion, or $1.91 per share in 2016. Annual profit attributable to shareholders was $2.5 billion, or $4.34 per share, compared with $1.0 billion in 2016, or [...]

Teck Resources Ltd. today announced that first oil has been achieved at the Fort Hills Project. Suncor, as operator of the Fort Hills Energy Limited Partnership, has confirmed that the Fort Hills project is ramping up production following the safe startup of secondary extraction on January 27, 2018. As expected, the first of three trains from secondary extraction is now online and production on this train will continue to [...]

Teck Resources Ltd. announced on January 19, 2018 that a significant pressure event had interrupted operations in the coal dryer at Teck's Elkview mine. Preliminary damage assessment has determined that repairs to the dryer may take in the range of four to six weeks. In the interim, Elkview is producing higher moisture steelmaking coals at approximately 80% of planned production levels. In order to manage the overall [...]

Teck Resources Ltd. announced today that there has been a significant pressure event at the dryer at Teck's Elkview mine. There were no adverse health or environmental impacts. Work is ongoing to assess the extent of the damage and the potential impact on production. Elkview continues to operate at a reduced production rate using the unaffected facilities at the mine. It is too soon to estimate the extent of any downtime [...]

Teck Resources 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 25, 2018 at 6:15 p.m. Eastern/3:15 p.m. Pacific time. The discussion may include information on company strategy, financial performance and outlook for the company's business units [...]

Teck Resources Ltd. will release its fourth quarter 2017 earnings results on Wednesday, February 14, 2018 before market open. The company will hold an investor conference call to discuss the fourth quarter 2017 earnings results at 11:00 a.m. Eastern time / 8:00 a.m. Pacific time on Wednesday, February 14, 2018. The conference call dial-in is 416.340.2216 or toll free 866.225.0198, no pass code required. Media are invited [...]

Teck Resources Ltd. today provided an update on progress at the Fort Hills Project. Suncor, as operator of the Fort Hills Energy Limited Partnership, has confirmed that during 2017, the mine, primary extraction, utilities and froth assets were commissioned. More than 80% of the Fort Hills plant is now operational and has safely run at full capacity through the test runs over the past four months. All three secondary [...]

Teck Resources Ltd. announced today that the Union of Workers of Quebrada Blanca , which represents 105 workers at Teck Quebrada Blanca Operations, has indicated that it may proceed with strike action as early as Wednesday, December 13. Operations will continue during a strike and we do not anticipate an impact on overall production. Two other unions representing the majority of employees at the operation reached [...]

Teck Resources Ltd. today provided updated guidance for expected realized steelmaking coal price and an update on estimated sales volumes for the fourth quarter of 2017. The fourth quarter 2017 price index for steelmaking coal volumes sold under quarterly contract on the basis of the average of three assessments for the period September through November, is now established at US$191 per tonne. Teck expects to realize an [...]

Teck Resources Ltd. announced today the appointment of Kalev Ruberg as Vice President, Teck Digital Systems and Chief Information Officer. "Kal brings to the role a strong background in information systems and technology and applied artificial intelligence," said Don Lindsay, President and CEO. "His ongoing leadership will be key to managing Teck's digital systems, which are critical to our safety, sustainability, cost [...]