All dollar amounts expressed in this news release are in Canadian dollars unless otherwise noted. Teck Resources Ltd. reported profit attributable to shareholders of $1.3 billion and adjusted profit attributable to shareholders of $466 million in the third quarter compared with profit of $584 million and adjusted profit of $605 million a year ago [...]
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 10, 2018 and ending [...]
Teck Resources Ltd. will release its third quarter 2018 earnings results on Thursday, October 25, 2018 before market open. The company will hold an investor conference call to discuss the third quarter 2018 earnings results at 11:00 a.m. Eastern time / 8:00 a.m. Pacific time on Thursday, October 25, 2018. The conference call dial-in is 416.340.2216 [...]
UNICEF Canada and Teck Resources Ltd. today announced that Teck has committed to invest an additional CAD$2.5 million to support life-saving zinc and oral rehydration salt treatments for children in India over the next five years. This investment builds upon the CAD$5 million that Teck committed to UNICEF in 2013. Over the past five years, the [...]
Teck Resources Ltd. Senior Vice President, Finance and Chief Financial Officer, Ron Millos will be presenting at the Deutsche Bank 26th Annual Leveraged Finance Conference on Tuesday, October 2, 2018 at 4:35 p.m. Eastern/1:35 p.m. Pacific time. The investor presentation will include information on company strategy, financial performance, and [...]
For the ninth 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 . “Our commitment to responsible resource development is core to who we are as a [...]
Teck Resources Ltd. today announced the early results of its previously announced 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: 4.750% Notes due 2022 ; 3.750% Notes due 2023 ; 4.500% Notes due 2021 ; and 8.500% Notes due 2024 . According to information received [...]
Teck Resources Ltd. announced today that it has received regulatory approval for its Quebrada Blanca Phase 2 project in the Tarapacá Region in northern Chile. The regional Environmental Committee of Tarapacá has voted to approve the project Environmental Impact Assessment . Receipt of the Environmental Qualification Resolution is [...]
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 [...]
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 [...]
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 [...]
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 [...]