Teck Resources Ltd. announced today that it has completed the previously announced plan of arrangement under the Canada Business Corporations Act to introduce a six-year sunset for the multiple voting rights attached to the Class A common shares of Teck . As explained more fully in Teck's management proxy circular dated March 23, 2023, each Class A common share was acquired by Teck in exchange for one new Class A common [...]
Teck Resources Ltd. announced today that the Zafranal copper project in Peru has received regulatory approval from SENACE, Peru´s National Service of Environmental Certification for Sustainable Investments. Zafranal is a highly competitive, mid-sized copper-gold development project located in the porphyry copper belt of Southern Peru in the Arequipa Region. The deposit is owned by Compañía Minera Zafranal S.A.C. , of [...]
Teck Resources Ltd. Chief Executive Officer Jonathan Price will be presenting at the BofA Securities 2023 Global Metals, Mining and Steel conference on Tuesday, May 16, 2023 at 5:40 a.m. Eastern/2:40 a.m. Pacific time. The investor presentation will focus on maximizing value for shareholders and include information on company strategy, financial performance, and outlook. The presentation will be webcast through the [...]
CALGARY, AB and VANCOUVER, BC, May 4, 2023 /CNW/ - Canadian Pacific Kansas City Limited and Teck Resources Ltd. announced today that CPKC and Teck Coal Limited have entered into a long-term rail agreement for the transportation of steelmaking coal from Teck's four operations in southeastern B.C. The agreement builds on existing services in place and runs until the end of 2026. In support of building green transportation [...]
Teck Resources Ltd. announced today that the Supreme Court of British Columbia has issued a final order approving the previously announced plan of arrangement under the Canada Business Corporations Act to introduce a six-year sunset for the multiple voting rights attached to the Class A common shares of Teck . As explained more fully in Teck's management proxy circular dated March 23, 2023, which includes the plan of [...]
Teck Resources Ltd. announced today, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual and Special Meeting of Shareholders held on Wednesday, April 26, 2023 . A total of 6,799,078 Class A common shares and 394,856,667 Class B subordinate voting shares were voted at the Meeting, representing 83.80% of the votes attached to all outstanding shares. Shareholders voted at the Meeting as [...]
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 June 30, 2023 to shareholders of record at the close of business on June 15, 2023. About Teck As one of Canada's leading mining companies, Teck is committed to responsible mining and mineral development with major [...]
Teck Resources Ltd. today announced it has determined not to proceed with the consideration by its shareholders at its upcoming annual and special meeting on April 26, 2023 of the current proposal to reorganize Teck's business into two companies: Teck Metals Corp. and Elk Valley Resources Ltd. , and the related items of business in respect of the consideration of the stock option plan for EVR and the shareholder rights [...]
Teck Resources Ltd. today announced its unaudited first quarter results for 2023. "We had a positive start to the year with strong financial performance in the first quarter driven by strong commodity prices and steelmaking coal sales," said Jonathan Price, CEO. "We achieved a number of significant milestones in our copper growth strategy this quarter including first copper concentrate production at QB2, the cornerstone [...]
Teck Resources Ltd. today issued a letter to shareholders reaffirming the strong rationale for its pending separation and responding to Glencore's latest attempt to frustrate value creation for Teck shareholders. Glencore's opportunistic proposal hasn't changed - same low value, same flawed structure, same material execution risks Teck has previously engaged extensively with Glencore - for six months on essentially the [...]
Teck Resources Ltd. will host a conference call to discuss Teck Metals' copper growth portfolio on Tuesday, April 18, 2023. The webcast will be held as follows: Date: Tuesday, April 18, 2023 Time: 1:30 p.m. PT / 4:30 p.m. ET Listen-Only Webcast: Join Me Dial In for Investor & Analyst Q&A: 416.915.3239 or 1.800.319.4610 Quote "Teck Resources", to join the call An archive of the conference call will be available at teck.com [...]
Teck Resources Ltd. today issued a statement on behalf of Teck Chairman Emeritus Dr. Norman B. Keevil: "As there has been much media commentary regarding my views on the future of Teck, I would like to provide a clear statement of my perspective. My colleagues and I are proud of what we achieved through 30 years of building Teck, growing the company 500-fold from a $25 million market cap to $12.6 billion, with [...]