B.C. Fines Teck Coal Over $220K for Unauthorized Waste Spills

The B.C. Ministry of Environment levied over $220,000 in fines against Teck Coal Ltd., now operating as Elk Valley Resources, for unauthorized waste discharges at its Elkview operations.

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Glencore’s purchase of Elk Valley Resources Review

Glencore’s purchase of Elk Valley Resources from Teck Resources Limited is subject to mandatory regulatory approvals, being Investment Canada Act and competition approvals

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Teck Sells Elk Valley Coal Business to Glencore

glencore

Teck Resources Limited today announced it has agreed to sell its entire interest in its steelmaking coal business, Elk Valley Resources, to Glencore.

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Glencore offers cash to Teck

Glencore Plc on Tuesday modified its $22.5 billion all-share takeover bid for Teck Resources Ltd’s to include up to $8.2 billion in cash, but Teck’s board called it “largely unchanged” and analysts said it will need to rise further still. Glencore’s play for Vancouver-based Teck comes amid a rising wave of buyout offers for mines […]

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Teck Reaffirms Benefits of Elk Valley Separation

Elk Valley Resources will be a high-margin Canadian steelmaking coal producer, focused on long-term cash generation and providing cash returns to shareholders, with significant equity value accretion potential.

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