Teck shares slump with China’s Sell

A unit of Chinese sovereign wealth fund China Investment Corp (CIC), a cornerstone shareholder of Teck Resources Ltd, has sold around 41.5 per cent of its stake in the Canadian miner, Teck said on Tuesday, sending its shares tumbling. Teck said that CIC, which bought a 17.2 per cent stake in Vancouver-based Teck in 2009, […]

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Teck lands OPENED effective immediately-updated

Access to Teck Private Lands Re-opened As part of Teck’s ongoing commitment to safety and in alignment with the Province of British Columbia’s decision to re-open backcountry access, public access to all Teck’s private land holdings in the Elk Valley area are re-opened, effective immediately. In the interest of public safety and to help reduce […]

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Teck Reports Unaudited Second Quarter Results

Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) reported profit attributable to shareholders of $577 million ($1.00 per share) in the second quarter compared with $15 million ($0.03 per share) a year ago. “I’m pleased with our results,” said Don Lindsay, President and CEO. “We generated adjusted EBITDA of $1.3 billion in the […]

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Teck Committed to Health of Watershed

I am writing to correct the June 20 article ‘Failure of Water Treatment Plant at B.C. Coal Mine Raises Downstream Concern’ and provide some further context for your readers on the steps Teck is taking to address water quality concerns in the region. Contrary to what is stated in the article, the water treatment facility […]

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Fording River gets Green light

Teck Resources Ltd. (TSX:TCK) has received the green light from the B.C. Environmental Assessment office to expand its Fording River coal mine near the Alberta border. But with met coal global glut keeping prices in a prolonged trough, the question now is whether the project will proceed as originally planned. Teck is planning an $88.5 […]

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Norman B. Keevil: A lifetime of achievement at Teck

In 1979 The Northern Miner named Norman B. Keevil its Mining Man of the Year, citing the impressive string of mine constructions he presided over in the 1970s. Since winning that award Dr. Keevil went on to ensure Teck was part of some of the biggest mining projects over the next 30 years, such as […]

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Teck plant shut after dead fish found

The water treatment facility at Line Creek will likely not be fully operational until early 2015, a Teck statement says. A $100-million treatment plant that is a key piece of Teck Resources Ltd.’s plan to address a selenium pollution problem in British Columbia’s Elk Valley has been taken off line because of a fish kill. […]

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Coal Pumps $1 Billion into Economy

Teck’s Elk Valley coal operations in the southeastern B.C. spent more than $1 billion on goods and services in the province in 2013, a new report by Resource Works says. While about one quarter of that spending took place in the southern Interior region the coal operations are located, nearly 60 per cent of the […]

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Teck proposed expansions

Teck Coal Ltd. wants to expand two of its Elk Valley mines. Lucy Eykamp, Teck’s social, environmental and regulatory approvals manager, outlined details of Teck’s plans to expand the lifespans of its Coal Mountain Operations (CMO) and Elkview Operations (EVO) to Regional District of East Kootanay board directors Feb. 14. If approved, the proposed expansions […]

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