Teck Resources Ltd. today provided its unaudited first quarter 2023 steelmaking coal sales volumes and realized prices. "We achieved our quarterly sales guidance for steelmaking coal and continued to benefit from strong realized prices in the first quarter," said Jonathan Price, CEO. "Teck's high-margin steelmaking coal business continues to display its significant cash generating results and potential, further [...]
Agnico Eagle Mines Ltd. and Teck Resources Ltd. announced today that the previously announced joint venture transaction between Teck and Agnico Eagle to advance the San Nicolás copper-zinc development project has closed. Teck and Agnico Eagle have entered into a joint venture shareholders agreement whereby Agnico Eagle, through a wholly-owned Mexican subsidiary, has agreed to subscribe for a 50% interest in Minas de San [...]
Teck Resources Ltd. will release its first quarter 2023 earnings results before market open on Wednesday, April 26, 2023. A webcast to review the results will be held as follows: Date: Wednesday, April 26, 2023 Time: 8:00 a.m. PT / 11:00 a.m. ET Listen-Only Webcast: click here Dial In for Investor & Analyst Q&A: 416.915.3239 or 1.800.319.4610 Quote "Teck Resources", to join the call An archive of the webcast will be [...]
Teck Resources Ltd. today announced it has filed the management proxy circular and related materials for its annual and special meeting of shareholders to be held on April 26, 2023 . At the Meeting, Teck is seeking shareholder approval for, among other things, the previously announced reorganization of Teck's business to separate Teck into two independent, publicly-listed companies: Teck Metals Corp. and Elk Valley [...]
Teck's Board affirms it is not contemplating a sale of the company at this time Planned Separation unlocks a broader range of strategic opportunities Unsolicited proposal carries high degree of execution and timing risk Teck's Board continues to recommend shareholders vote in favour of proposed Separation and Dual Class Amendment VANCOUVER, British Columbia, April 03, 2023 -- Teck Resources Ltd. today announced that the [...]
Teck Resources Ltd. today announced its Quebrada Blanca Phase 2 Project has produced its first bulk copper concentrate, as the project advances commissioning and ramps up to full production through 2023. "First copper concentrate production at QB2 is an important milestone as we advance our commissioning and ramp up plan towards full production this year," said Jonathan Price, CEO. "This achievement is made possible by [...]
Teck Resources Ltd. announced today a new report outlining the extremely low carbon footprint of the Special High Grade refined zinc from its Trail Operations in British Columbia, Canada. The report, which was independently reviewed by PricewaterhouseCoopers LLP, confirmed that production of each tonne of SHG zinc from Trail Operations generates 0.93 tonnes of CO2e, or carbon dioxide equivalent, compared to the estimated [...]
Teck Resources Ltd. will host a virtual investor & analyst presentation and modelling workshop for Elk Valley Resources on Thursday, March 30, 2023. The presentation will feature members of the EVR Management team, including Robin Sheremeta, President and Chief Executive Officer . Details for the webcast are as follows: Date: Thursday, March 30, 2023 Time: 8:00 - 9:30 a.m. PT / 11:00 a.m. - 12:30 p.m. ET Listen-Only [...]
Teck Resources Ltd. today announced Teck Trail Operations has committed to the Zinc Mark. The Zinc Mark is part of the Copper Mark's multi-metals approach using the Copper Mark assurance framework, a framework which aims to promote responsible production practices and demonstrate the industry commitment to the United Nations Sustainable Development Goals. "Zinc has a critical role to play in the transition to a low-carbon [...]
Teck Resources Ltd. announced today the release of our 22nd annual Sustainability Report, highlighting our performance in 2022 and progress on our sustainability strategy goals. "Environmentally and socially responsible mining is core to our approach to business," said Jonathan Price, CEO. "At Teck, we are committed to responsibly producing the critical minerals essential to the low-carbon future, while maintaining a high [...]
Teck Resources Ltd. today announced its unaudited fourth quarter results for 2022. "We achieved a number of financial performance records in 2022, driven by the continued strong commodity price environment and the resilience of our teams, who successfully managed through short-term production challenges in the fourth quarter," said Jonathan Price, CEO. "We are well positioned to execute on our strategic priorities in 2023 [...]
Teck Resources Ltd. announced today a proposed six-year sunset for the multiple voting rights attached to the Class A common shares of Teck . "The sunset on the multiple voting rights will modernize Teck's governance and provide a simplified and competitive capital structure, following an appropriate continuity period, which we believe will benefit Teck and all of its shareholders," said Sheila Murray, Chair of the Board [...]