Teck Reports Third Quarter 2018 Results
- Oct
- 24
Teck Resources Limited reported profit attributable to shareholders of $1.3 billion ($2.23 per share) and adjusted profit attributable to shareholders of $466 million ($0.81 per share) in the third quarter compared with profit of $584 million ($1.01 per share) and adjusted profit of $605 million ($1.05 per share) a year ago. “We continued to advance […]
read moreTeck Reaches Milestone in Water Quality Research
- Oct
- 15
Teck announced today that a new form of water treatment developed through its water quality research and development program is proving successful in treating large volumes of water to remove selenium and nitrate. The Saturated Rock Fill (SRF) facility at Teck Elkview Operations, commissioned in January 2018, is achieving near-complete removal of selenium and nitrate […]
read moreTeck Approved for Share Buy-Back Program
- Oct
- 04
Teck Resources Limited (“Teck”) has been informed that the Toronto Stock Exchange (“TSX”) has accepted Teck’s notice of intention to make a normal course issuer bid to purchase its Class B subordinate voting shares (“Class B Shares”). Under the normal course issuer bid, Teck may purchase up to 40 million Class B Shares during the […]
read moreTeck Named to Sustainability World Index
- Sep
- 14
For the ninth straight year, Teck Resources Limited has been named to the Dow Jones Sustainability World Index (DJSI), 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 (BMI). “Our commitment to responsible resource development is core to who we are […]
read moreTeck Announces Board Appointment and Succession Plan for Chairman
- Jul
- 25
Teck Resources Limited 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 […]
read moreCanada suppressing data on coal mine pollution, say U.S. officials
- Jul
- 07
Frustrated U.S. representatives on a commission tasked with protecting the quality of water flowing across the Canada/U.S. border have gone public with claims that Canadian commissioners are refusing to accept scientific data that shows an increase in selenium pollution from B.C.’s Elk Valley coal mines. Two U.S. commissioners on the International Joint Commission have released […]
read moreTeck fined for water pollution
- Jun
- 30
A B.C. Government report has revealed Teck Coal was fined more than $78,000 for water pollution at an Elk Valley mine last year. In October, the mining giant received three Administrative Penalties under the Environmental Management Act, totaling $78,100, for failing to comply with an effluent discharge permit for its Line Creek Operations. According to […]
read moreTeck Releases Water Quality Research
- Jun
- 11
Teck is making available the data and results of ongoing water quality research and monitoring undertaken as part of the Elk Valley Water Quality Plan to broadly share the knowledge and information gained through this work. Teck spends about $15 – $18 million a year on water quality and aquatic health studies and monitoring. Making […]
read moreTeck Named to 2018 Best 50 Corporate Citizens
- Jun
- 08
Teck has been recognized as one of the top companies in Canada for corporate citizenship by media and investment research company Corporate Knights, marking the twelfth consecutive year Teck has been named to the Best 50 Corporate Citizens in Canada ranking. “Through responsible resource development, Teck produces the materials that are used to enhance the […]
read moreConstruction Begins on Fording River Water Treatment Facility
- May
- 26
Teck announced today that construction has begun on a major new water treatment facility to improve water quality at its steelmaking coal operations. The Fording River South Active Water Treatment Facility, located at Fording River Operations, will remove selenium and nitrate from mine affected water as part of Teck’s ongoing work under the Elk Valley […]
read more