VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/19/12 -- Teck Resources Limited (TSX: TCK.A, TCK.B, NYSE: TCK) ("Teck") announced today that it has subscribed for and acquired an additional 27,293,747 ordinary shares of Horizonte Minerals plc (TSX: HZM, AIM: HZM) ("Horizonte"), at a cost of 7.25 pence per ordinary share, as part of a broader private placement of 71,986,190 new ordinary shares conducted by Horizonte [...]
Today, Zinc Alliance for Child Health (ZACH) partners Teck Resources Limited (Teck), the Micronutrient Initiative and the Canadian International Development Agency (CIDA) signed the "Declaration on Scaling Up Treatment of Childhood Diarrhea and Pneumonia" and are allocating $15 million to treat diarrhea in high-burden countries.
Diarrhea and pneumonia have been identified as the leading killers of children under the age [...]
Teck announced today that the unionized employees at Trail Operations have ratified a new five-year agreement commencing June 1, 2012 through May 31, 2017, replacing an agreement that expired on May 31, 2012. "Discussions with Locals 480 and 9705 of the United Steelworkers were positive and productive," said Greg Belland, General Manager at Trail Operations. "We are pleased to have reached a new collective agreement with [...]
Teck announced today that it has filed a technical report prepared under National Instrument 43-101 regarding its Quebrada Blanca Phase 2 Project, relating to the hypogene resource at Teck's Quebrada Blanca project located in Chile. The technical report is being filed in support of the information regarding the Quebrada Blanca Phase 2 Project included in Teck's April 24, 2012 press release.
Copper stocks received a boost Wednesday as copper prices snapped a five-day slide as a result of a weaker dollar and the possibility of more monetary easing from the Federal Reserve. Copper for July delivery jumped 2.7 percent to $3.3790 pound on the New York Mercantile Exchange's Comex division. Five Star Equities examines the outlook for companies in the Copper Industry and provides equity research on Teck and Sterlite [...]
Teck announced today that Teck and Locals 480 and 9705 of the United Steelworkers have reached a tentative collective agreement covering Trail Operations. The union will schedule a ratification vote to be held over the coming days. No other terms of the agreement will be disclosed until the ratification vote is complete.
Forward-Looking Statements
This press release contains certain forward-looking statements within the [...]
Teck is pleased to announce that it is contributing $2 million to the Nature Conservancy of Canada to help conserve Lot 48 on Columbia Lake in southeast British Columbia. "Teck is proud to support the Nature Conservancy of Canada, the Ktunaxa Nation and local communities in working to protect this area of great cultural and ecological significance," said Don Lindsay, President and CEO of Teck. "This investment will help [...]
Commodity prices across the board continue to slide on concerns of slowing growth in China and Greece leaving the Euro signaling weaker demand for the metal. Copper prices hit four-month lows Wednesday. Copper on the Comex in New York touched $3.3865, the lowest it has been since Jan. 9. The Paragon Report examines investing opportunities in Copper Industry and provides equity research on Teck Resources and Taseko Mines
DAKAR, SENEGAL -- (Marketwire) -- 05/15/12 -- Canadian partners the Micronutrient Initiative, the Government of Canada and Teck launched a major project with the Senegal Ministry of Health today that will save young lives from diarrhea, a condition that can be deadly if untreated.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/10/12 -- Don Lindsay, Teck Resources Limited's (TSX: TCK.A and TCK.B, NYSE: TCK) ("Teck") President & CEO, will be presenting at the 2012 Bank of America Merrill Lynch Global Metals & Mining conference on Tuesday, May 15, 2012 at 2:30 p.m. Eastern/11:30 a.m. Pacific time. The investor presentation will include information on company strategy, financial performance, and [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 04/24/12 -- All dollar amounts expressed in this news release are in Canadian dollars unless otherwise noted. Teck Resources Limited (TSX:TCK.A and TCK.B, NYSE:TCK) reported first quarter adjusted profit of $504 million, or $0.86 per share, up 12% from $450 million in 2011.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 04/23/12 -- Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) announced today that it will pay an eligible dividend of $0.40 per share on its outstanding Class A common shares and Class B subordinate voting shares on July 3, 2012, to shareholders of record at the close of business on June 15, 2012.