Teck reported record annual profit attributable to shareholders of $2.7 billion, or $4.52 per share, up 47% from $1.8 billion in 2010. Fourth quarter profit attributable to shareholders was $637 million, or $1.08 per share, almost double the $325 million, or $0.55 per share, in the fourth quarter of 2010.
Teck Resources Limited announced today that employees at its Quebrada Blanca operation in Chile have ratified a new 46-month agreement, commencing February 2012 through November 2015, replacing an agreement which expired on January 31, 2012. "Our discussions with the union have reached a successful conclusion, and we are pleased to have reached a new collective agreement at our Quebrada Blanca operation," said Alvaro [...]
Teck Resources and BASF SE announced at the World Economic Forum today that they have signed a three year agreement to jointly develop innovative and affordable zinc fortification and supplementation solutions, with the goal of reducing zinc deficiency among 100 million people in developing countries by 2015.
Don Lindsay, Teck Resources Limited's President and CEO, will be presenting at the 15th Annual Whistler Institutional Investor conference on Thursday, January 19, 2012 at 11:35 a.m. Eastern/8:35 a.m. Pacific time. The investor presentation will include information on company strategy, financial performance, and outlook for the company's business units.
Teck Resources will release its fourth quarter 2011 earnings results on Thursday, February 9, 2012 before markets open. The company will hold an investor conference call to discuss the fourth quarter 2011 earnings results at 11:00 a.m. Eastern time, 8:00 a.m. Pacific time, on Thursday, February 9, 2012. Conference call dial-in at 416.340.8530, no pass code required. Media are invited to attend on a listen-only basis.
SilverBirch announced today that they have entered into an agreement for Teck to acquire SilverBirch by way of a plan of arrangement under the Canada Business Corporations Act. Under the arrangement, SilverBirch shareholders will receive CAD $8.50 in cash and one share of a new company, SilverWillow Energy Corp, per SilverBirch common share. SilverWillow will hold substantially all of the assets of SilverBirch other [...]
Teck announced today that employees at its Carmen de Andacollo Operations in Chile have ratified a new 45 month agreement commencing January 2012 through September 2015, replacing an agreement which expired on December 31, 2011. “Our discussions with the union were very productive and we are pleased to have reached a new collective agreement at our Carmen de Andacollo operation,“ said Hugo Herrera, General Manager at [...]
Teck announced today the closing of a $600,000 private placement in Strait Gold Corp. Teck subscribed for 3,000,000 Units of Strait Gold (the “Units“) at $0.20 per Unit. Each Unit comprises one common share and one share-purchase warrant exercisable at $0.25 within 12 months of closing of the placement or at $0.35 by December 31, 2013. The shares, and shares that would be issued on exercise of the warrants, represent [...]
Teck President and CEO, will be presenting at the Macquarie Global Metals & Mining conference on Tuesday, December 6, 2011 at 8:15am Eastern/5:15am Pacific time. The investor presentation will include information on company strategy, financial performance, and outlook for the company's business units.
Teck President and CEO, will be presenting at Scotia Capital's Annual Mining conference on Tuesday, November 29, 2011 at 1:15pm Eastern/10:15am Pacific time. The investor presentation will include information on company strategy, financial performance, and outlook for the company's business units.
Teck announced today a number of senior management changes. Doug Horswill will step down from his role as Senior Vice President, Sustainability and External Affairs to begin a staged process towards retirement after 20 years in the senior management ranks of the company. Effective January 1, 2012, Doug will work half-time as Senior Vice President with responsibility for the further development of our Zinc and Health [...]
Teck Resources has been notified of an unsolicited “mini-tender“ offer by TRC Capital Corporation to purchase up to 3.0 million Class B subordinate voting shares of Teck, representing approximately 0.5 percent of Teck's outstanding Class B subordinate voting shares.
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