Teck Resources Ltd.

Teck Resources Ltd. Senior Vice President, Finance and Chief Financial Officer, Ron Millos will be presenting at the Deutsche Bank 26th Annual Leveraged Finance Conference on Tuesday, October 2, 2018 at 4:35 p.m. Eastern/1:35 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 [...]

For the ninth straight year, Teck Resources Ltd. has been named to the Dow Jones Sustainability World Index , indicating that Teck’s sustainability practices are in the top 10 percent of the 2,500 largest companies in the S&P Global Broad Market Index . “Our commitment to responsible resource development is core to who we are as a company and is central to everything we do,” said Don Lindsay, President [...]

Teck Resources Ltd. today announced the early results of its previously announced cash tender offers to purchase up to U.S.$1,000,000,000 aggregate principal amount of the following series of notes issued by Teck: 4.750% Notes due 2022 ; 3.750% Notes due 2023 ; 4.500% Notes due 2021 ; and 8.500% Notes due 2024 . According to information received from Global Bondholder Services Corporation , the Depositary and Information [...]

Teck Resources Ltd. announced today that it has received regulatory approval for its Quebrada Blanca Phase 2 project in the Tarapacá Region in northern Chile. The regional Environmental Committee of Tarapacá has voted to approve the project Environmental Impact Assessment . Receipt of the Environmental Qualification Resolution is expected in the coming weeks. “Receiving this regulatory approval is a [...]

VANCOUVER, British Columbia, July 30, 2018 -- Teck Resources Ltd. today announced that it has commenced cash tender offers to purchase up to U.S.$1,000,000,000 aggregate principal amount of the following series of notes issued by Teck: Dollars per U.S.$1,000 Principal Amount of Notes Title of Notes CUSIP Number Aggregate Principal Amount Outstanding Acceptance Priority Level Tender Offer Consideration Early Tender Premium [...]

VANCOUVER, British Columbia, July 26, 2018 -- Teck Resources Ltd. , today announced the closing of the sale of its two-thirds interest in the Waneta Dam in British Columbia, Canada, to BC Hydro for $1.2 billion cash. The transaction has received the necessary regulatory approvals and consents, including approval by the BC Utilities Commission. Teck will record an after-tax gain of approximately $820 million as a result of [...]

VANCOUVER, British Columbia, July 26, 2018 -- Teck Resources Ltd. announced today that its partner in the Galore Creek joint venture project, NovaGold Resources Inc. , has entered into an agreement to sell its 50% project interest to Newmont Mining Corp. for US$275 million in staged and contingent payments. Teck and Newmont have agreed to a work plan at Galore Creek with the objective of completing an updated [...]

VANCOUVER, British Columbia, July 26, 2018 -- Teck Resources Ltd. reported adjusted profit attributable to shareholders of $653 million in the second quarter compared with $580 million in 2017. “Our results for the second quarter were strong, with adjusted profit of $653 million and adjusted EBITDA of $1.4 billion,” said Don Lindsay, President and CEO. “Our operations continued to perform well, Fort [...]

VANCOUVER, British Columbia, July 25, 2018 -- Teck Resources Ltd. announced today that Dominic Barton has agreed to join its Board of Directors, effective September 1, 2018. Mr. Barton has been the Global Managing Partner of McKinsey & Company for the past nine years. He is the Chair of the Canadian Minister of Finance’s Advisory Council on Economic Growth and the Chair of the Seoul International Business Advisory [...]

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 September 28, 2018, to shareholders of record at the close of business on September 14, 2018. About Teck Teck is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper [...]