Teck Resources Ltd. today announced the appointment of three experienced senior executives to help advance key priorities to generate long-term value. “In addition to addressing the retirements of two key members of our team, these appointments add significant depth of knowledge and experience to Teck. These changes will further strengthen our senior management team as we continue to advance our key priorities to generate [...]
Teck Resources Ltd. today announced its second quarter 2020 results, outlining how the company has taken action to protect its people and position for improved margins and future growth as the world comes through the COVID-19 pandemic. “We remain focused on protecting our people and communities, while continuing to operate responsibly and safely to support the economic recovery in the wake of the pandemic,” said Don [...]
Teck Resources Ltd. will release its second quarter 2020 earnings results on Thursday, July 23, 2020 before market open. The company will hold an investor conference call to discuss the second quarter 2020 earnings results at 11:00 a.m. Eastern time / 8:00 a.m. Pacific time on Thursday, July 23, 2020. The conference call dial-in is 416.340.2216 or toll free 800.377.0758, quote 4330922 if requested. Media are invited to [...]
Teck Resources Ltd. today reported a failure of the loading arm on one of two shipping barges at Red Dog Operations’ port in Alaska, on July 3, 2020. Teck has completed testing of the loading arm on the second shipping barge at the port to ensure its integrity. There were no injuries or environmental impacts related to this incident. As a result, the start of the Red Dog shipping season has been delayed. Teck currently [...]
Teck Resources Ltd. announced today that it and a wholly owned subsidiary has entered into an amending agreement with Deep-South Resources Inc. to settle past due amounts owing by Deep-South from the previously announced sale of the 70% interest in Haib Minerals Ltd. Past amounts due to Teck will be settled through the issuance of 4,352,941 shares of Deep-South to Teck at an implied price of $0.085 per share with closing [...]
Teck Resources Ltd. announced today the signing of a new US$1 billion unsecured two-year revolving credit facility, the closing of its previously announced US$550 million offering of ten-year notes and the results of the previously announced cash tender offers for its US$539 million of outstanding notes maturing in 2021, 2022 and 2023. “Teck’s already strong liquidity will be further augmented with these transactions [...]
Teck Resources Ltd. has been recognized as one of the top 50 companies in Canada for corporate citizenship, being named to the Best 50 Corporate Citizens in Canada ranking by Corporate Knights. This marks the 14th consecutive year Teck has been named to the Best 50. “This recognition is made possible by our employees who ensure that sustainability is central to everything we do,” said Don Lindsay, President and CEO. “Teck [...]
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 proceeds from the offering of the notes are expected to be approximately [...]
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 Delivery attached to the Offer to Purchase . The Offer to Purchase and the [...]
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 production expected in the third quarter. Comprehensive COVID-19 protocols are [...]
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 attend on a listen-only basis. A live audio webcast of the conference call [...]
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 company’s business units. The presentation will be webcast through the [...]
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