Teck announced today that it has commenced an offering of senior unsecured notes, expected to price later today. Teck intends to use the net proceeds, together with cash on hand, to fund the redemption of all of the approximately US$530 million aggregate principal amount of its outstanding 9.75% senior notes due 2014 and a portion of the [...]
Teck reported record annual profit attributable to shareholders of $2.7 billion, or $4.52 per share, up 47% from $1.8 billion in 2010. Fourth quarter profit attributable to shareholders was $637 million, or $1.08 per share, almost double the $325 million, or $0.55 per share, in the fourth quarter of 2010.
Teck Resources Limited announced today that employees at its Quebrada Blanca operation in Chile have ratified a new 46-month agreement, commencing February 2012 through November 2015, replacing an agreement which expired on January 31, 2012. "Our discussions with the union have reached a successful conclusion, and we are pleased to have reached a [...]
Teck Resources and BASF SE announced at the World Economic Forum today that they have signed a three year agreement to jointly develop innovative and affordable zinc fortification and supplementation solutions, with the goal of reducing zinc deficiency among 100 million people in developing countries by 2015.
Don Lindsay, Teck Resources Limited's President and CEO, will be presenting at the 15th Annual Whistler Institutional Investor conference on Thursday, January 19, 2012 at 11:35 a.m. Eastern/8:35 a.m. Pacific time. The investor presentation will include information on company strategy, financial performance, and outlook for the company's business [...]
Teck Resources will release its fourth quarter 2011 earnings results on Thursday, February 9, 2012 before markets open. The company will hold an investor conference call to discuss the fourth quarter 2011 earnings results at 11:00 a.m. Eastern time, 8:00 a.m. Pacific time, on Thursday, February 9, 2012. Conference call dial-in at 416.340.8530, no [...]
West Cirque Resources Ltd. (WCQ: TSX.V) announces the acquisition of a 100% interest in six additional claims adjoining the Castle Gold-Silver-Copper project, recently optioned from Bearclaw Capital Corp. (BRL: TSX-V) (see news release January 4, 2012). The Castle Project covers a 5.5 kilometre long alteration zone associated with gold-silver and [...]
SilverBirch announced today that they have entered into an agreement for Teck to acquire SilverBirch by way of a plan of arrangement under the Canada Business Corporations Act. Under the arrangement, SilverBirch shareholders will receive CAD $8.50 in cash and one share of a new company, SilverWillow Energy Corp, per SilverBirch common share [...]
Teck announced today that employees at its Carmen de Andacollo Operations in Chile have ratified a new 45 month agreement commencing January 2012 through September 2015, replacing an agreement which expired on December 31, 2011. “Our discussions with the union were very productive and we are pleased to have reached a new collective agreement at our [...]
Teck Resources announced today the closing of a $600,000 private placement in Strait Gold. Teck subscribed for 3,000,000 Units of Strait Gold at $0.20 per Unit. Each Unit comprises one common share and one share-purchase warrant exercisable at $0.25 within 12 months of closing of the placement or at $0.35 by December 31, 2013. The shares, and [...]
Teck announced today the closing of a $600,000 private placement in Strait Gold Corp. Teck subscribed for 3,000,000 Units of Strait Gold (the “Units“) at $0.20 per Unit. Each Unit comprises one common share and one share-purchase warrant exercisable at $0.25 within 12 months of closing of the placement or at $0.35 by December 31, 2013. The shares [...]