Teck Resources Ltd. announced today that it has priced an offering of senior unsecured notes. Teck will issue US$550 million principal amount of 10-year senior unsecured notes, which will bear interest at the rate of 3.900% per annum. The offering is expected to close on or about June 30, 2020, subject to customary closing conditions. The net [...]
Teck Resources Ltd. announced today that it has commenced cash tender offers for any and all of its outstanding 4.500% Notes due 2021 , 4.75% Notes due 2022 and 3.750% Notes due 2023 . The Offers are being made on the terms and subject to the conditions set forth in the Offer to Purchase, dated the date hereof , and the related Notice of Guaranteed [...]
Teck Resources Ltd. announced today that Compania Minera Antamina, in which Teck has a 22.5% interest along with BHP , Glencore and Mitsubishi Corporation , has now resumed operations at the Antamina mine. Antamina has mobilized a reduced operating workforce and plans to start off at roughly 80% of full capacity, with a gradual ramp-up to full [...]
Teck Resources Ltd. announces that the company will hold a conference call to discuss its 2019 Sustainability Report and updated sustainability strategy at 11:00 a.m. Eastern time / 8:00 a.m. Pacific time on Wednesday, June 3, 2020. The conference call dial-in is 416.340.2216 or toll free 800.273.9672, no pass code required. Media are invited to [...]
Teck Resources Ltd. President and Chief Executive Officer, Don Lindsay will be presenting at the Bank of America Securities Global Metals, Mining & Steel conference on Tuesday, May 12, 2020 at 3:20 p.m. Eastern/12:20 p.m. Pacific time. The investor presentation will include information on company strategy, financial performance, and outlook for the [...]
Teck Resources Ltd. announced today, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual and Special Meeting of Shareholders held Tuesday, April 21, 2020 in Vancouver, British Columbia. A total of 6,006,592 Class A common shares and 383,118,022 Class B subordinate voting shares were voted at the meeting [...]
Teck Resources Ltd. reported adjusted EBITDA of $608 million for the first quarter of 2020 compared with $1.4 billion a year ago. Adjusted profit attributable to shareholders was $94 million compared with $587 million a year ago. “Our current focus is on managing the risks around COVID-19 and ensuring we have the necessary measures in place to [...]
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 June 30, 2020, to shareholders of record at the close of business on June 15, 2020. About Teck Teck is a diversified resource company committed to responsible mining and [...]
Teck Resources Ltd. today announced the creation of a $20-million fund to support COVID-19 response and future recovery efforts. This funding will go to support critical social initiatives and increased healthcare capacity, including procuring one million masks to be donated for healthcare in British Columbia. Don Lindsay, Teck President and CEO [...]
Teck Resources Ltd. will release its first quarter 2020 earnings results on Tuesday, April 21, 2020 before market open. The company will hold an investor conference call to discuss the first quarter 2020 earnings results at 11:00 a.m. Eastern time / 8:00 a.m. Pacific time on Tuesday, April 21, 2020. The conference call dial-in is 416.340.2216 or [...]
Teck Resources Ltd. announced today that Compania Minera Antamina, in which Teck has a 22.5% interest along with BHP , Glencore and Mitsubishi Corporation , has temporarily suspended operations at the Antamina mine as part of its response to COVID-19. The Peruvian Government has allowed Antamina to change out its previously reduced workforce, which [...]
Teck Resources Ltd. announced today that in light of the ongoing global COVID-19 pandemic and the temporary closure of the original venue described in the Notice of Meeting dated February 28, 2020 previously sent to shareholders, the annual meeting of shareholders scheduled for Tuesday, April 21, 2020 will now be held at Teck’s head office in [...]