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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Teck Resources Ltd. announced today that its Board of Directors has approved the distribution of cash to shareholders through a supplemental dividend of $0.40 per share and a share repurchase mandate equivalent to an additional $0.40 per share, in addition to its annual base dividend of $0.20 per share . Teck will pay an eligible dividend of $0.45 [...]
Teck Resources Ltd. Senior Vice President Finance and Chief Financial Officer, Ron Millos will be presenting at the Goldman Sachs Global Metals & Mining Conference on Wednesday, November 29, 2017 at 8:15 a.m. Eastern/5:15 a.m. Pacific time. The investor presentation will include information on company strategy, financial performance, and outlook [...]
Teck Resources Ltd. was named today as one of Canada's Top 100 Employers for 2018 by Mediacorp. Canada's Top Employers program recognizes companies for exceptional human resources programs and forward-thinking workplace policies. "This award is a reflection of our talented and engaged employees whose commitment, enthusiasm and ability is critical [...]
Teck Resources Ltd. has extended the maturity dates of its two committed revolving credit facilities and made certain non-material amendments to the facilities. The maturity date of the US$3.0 billion facility has been extended from July 2020 to October 2022 and the maturity date of the US$1.2 billion facility has been extended from June 2019 to [...]