CN and Teck Resources Ltd. announced today a long-term rail agreement for shipping of steelmaking coal from Teck’s four B.C. operations between Kamloops and Neptune Terminals, and other west coast ports. The agreement runs from April 2021 to December 2026, and will enable Teck to significantly increase shipment volumes through an expanded [...]
Teck Resources Ltd. President and Chief Executive Officer, Don Lindsay will be presenting at the Citi Basic Materials Conference on Wednesday, December 4, 2019 at 10:15 a.m. Eastern/7:15 a.m. Pacific time. The investor presentation will include information on company strategy, financial performance, and outlook for the company’s business [...]
Teck Resources Ltd. has been named for the third consecutive year as one of Canada’s Top 100 Employers by Mediacorp Canada’s Top Employers program which recognizes companies for exceptional human resources programs and forward-thinking workplace policies. “Our success as a company is driven by our people and we are proud to be [...]
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 December 31, 2019, to shareholders of record at the close of business on December 13, 2019. About Teck Teck is a diversified resource company committed to responsible mining [...]
Teck Resources Ltd. reported adjusted EBITDA1 2 of $1.1 billion for the third quarter. Adjusted profit attributable to shareholders1 2 was $403 million compared with $466 million a year ago. Profit attributable to shareholders was $369 million for the third quarter of 2019 compared with $1.3 billion a year ago. “Over the past few years, we [...]
Teck Resources Ltd. today announced it is launching two new electric passenger buses to transport employees to and from its Fording River and Greenhills steelmaking coal operations in British Columbia’s Elk Valley region. The electric passenger buses will replace diesel buses in Teck’s passenger bus fleet as a more environmentally [...]
Teck Resources Ltd. has been informed that the Toronto Stock Exchange has accepted Teck’s notice of intention to make a normal course issuer bid to purchase its Class B subordinate voting shares . Under the normal course issuer bid, Teck may purchase up to 40 million Class B Shares during the period starting October 28, 2019 and ending [...]
Teck Resources Ltd. today announced the appointment of Ian Anderson as Vice President, Logistics and André Stark as Vice President, Marketing, with responsibility for Coal and Base Metals. As Vice President, Logistics, Mr. Anderson will be responsible for coordinating Teck’s overall logistics strategy and implementing a cost efficient [...]
Teck Resources Ltd. today announced the appointment of Réal Foley as Senior Vice President, Marketing and Logistics, effective January 1, 2020. Mr. Foley succeeds Andrew Stonkus, who will retire on December 31, 2019. “Réal’s extensive experience and proven ability make him ideally suited to develop and implement the [...]
Teck Resources Ltd. announced today that the Teck Carmen de Andacollo Workers Union, which represents 473 workers at Teck Carmen de Andacollo Operations in Chile, has given notice that it plans to commence strike action on October 14, 2019. Operations at CdA would be suspended during a strike with the exception of essential activities required to [...]
Teck Resources Ltd. will release its third quarter 2019 earnings results on Thursday, October 24, 2019 before market open. The company will hold an investor conference call to discuss the third quarter 2019 earnings results at 11:00 a.m. Eastern time / 8:00 a.m. Pacific time on Thursday, October 24, 2019. The conference call dial-in is 416.340.2216 [...]
For the 10th straight year, Teck Resources Ltd. has been named to the Dow Jones Sustainability World Index , indicating that Teck’s sustainability practices are in the top 10 percent of the 2,500 largest companies in the S&P Global Broad Market Index . “Sustainability is an important factor in every decision we make because being [...]