Teck Resources Ltd. today announced its unaudited second quarter results for 2023. "We were deeply saddened to report an employee fatality in the second quarter at our Quebrada Blanca Operations. Our deepest sympathies go out to the employee's colleagues and loved ones. Learnings from the investigation are being shared across Teck and with industry peers to prevent future incidents," said Jonathan Price, CEO. "In the [...]
Teck Resources Ltd. announced today that its Board of Directors has declared an eligible dividend of $0.125 per share on its outstanding Class A common shares and Class B subordinate voting shares, to be paid on September 29, 2023 to shareholders of record at the close of business on September 15, 2023. About Teck As one of Canada's leading mining companies, Teck is committed to responsible mining and mineral development [...]
Teck Trail Operations has announced that it has received $10 million in funding support from the Government of B.C.'s CleanBC Industry Fund to progress the advancement of its Carbon Capture Utilization and Storage pilot project. The Carbon Capture pilot plant construction activity is currently underway, and the CleanBC funding will advance the assessment of viable options for carbon utilization and/or sequestration of the [...]
Teck Resources Ltd. will release its second quarter 2023 earnings results before market open on Thursday, July 27, 2023. A webcast to review the results will be held as follows: Date: Time: Listen-Only Webcast: Dial In for Investor & Analyst Q&A: Thursday, July 27, 2023 8:00 a.m. PT / 11:00 a.m. ET here 416.915.3239 or 1.800.319.4610 Quote "Teck Resources", to join the call An archive of the webcast will be available at [...]
Teck Resources Ltd. today provided unaudited second quarter 2023 steelmaking coal sales volumes and realized prices. Our second quarter steelmaking coal sales were 6.2 million tonnes, within our guidance of 6.2 - 6.6 million tonnes. The realized steelmaking coal price in the second quarter averaged US$264 per tonne. We expect to report a negative steelmaking coal provisional pricing adjustment of $105 million in the [...]
Teck Resources Ltd. today announced a $2.5 million contribution to help build a new wildlife overpass in the East Kootenay. The B.C. Ministry of Transportation and Infrastructure overpass project located south of Radium Hot Springs will reduce vehicle strikes with bighorn sheep, making that stretch of Highway 93/95 safer for residents and other highway users while protecting the iconic bighorn sheep herd. "This project is [...]
Teck Resources Ltd. has been named as one of Corporate Knights' 2023 Best 50 Corporate Citizens in Canada. This marks the 17th consecutive year Teck has been named as one of the Best 50 companies by Corporate Knights. "Teck is dedicated to making a positive difference by responsibly producing the critical minerals required for the low-carbon transition, while caring for people, communities, and the environment," said [...]
Teck Resources Ltd. announced today that Teck's Trail Operations has been awarded the Zinc Mark. Teck's Trail Operations is the first stand-alone zinc processing site globally to receive the Zinc Mark. This was achieved using the Copper Mark's multi-metals approach and assurance framework. To achieve the Zinc Mark, Teck's Trail Operations was assessed and independently verified against 32 responsible production criteria [...]
Teck Resources Ltd. today announced the following Vice President appointments. Nick Marach has been appointed Vice President and Corporate Controller. Mr. Marach is responsible for all of Teck's corporate controller functions. He joins Teck from Deloitte, where he was most recently a Partner in the Assurance and Advisory practice. Mr. Marach brings to the role more than 15 years of experience in audit practices [...]
Teck Resources Ltd. today commented on its previously announced engagement with several parties that have submitted unsolicited indications of interest regarding various forms of potential transactions involving Teck's steelmaking coal business. Teck's Board of Directors and independent Special Committee, in accordance with its fiduciary duties to shareholders, are continuing to consider and evaluate all actionable [...]
Teck Resources Ltd. today announced a CAD$10 million donation to the Chilean Nature Fund to support Chile's Protected Marine Areas program and protection of a critical global biodiversity area. The donation supports conservation initiatives for all Chile's Protected Marine Program, with a focus on the Juan Fernández Archipelago, an ecologically-significant area which has been designated a UNESCO Biosphere Reserve and is [...]
Teck Resources Ltd. today confirmed that it has received a number of inbound indications of interest regarding various forms of potential transactions involving Teck's steelmaking coal business. As previously announced, Teck is pursuing a separation of its base metals and steelmaking coal businesses. Teck's Board of Directors and independent Special Committee, with the support of their financial and legal advisors, will [...]
