Teck Announces $0.15 Dividend and $400 Million Share Buyback

Teck Resources Limited announced today that its Board of Directors has approved the distribution of cash to shareholders through both a dividend and share repurchase mandate. Teck will pay an eligible dividend of $0.15 per share on its outstanding Class A common shares and Class B subordinate voting shares on December 31, 2018, to shareholders […]

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Teck Named One of Canada’s Top 100 Employers

Teck Resources Limited has been named as one of Canada’s Top 100 Employers by Mediacorp. Canada’s Top Employers program recognizes companies for exceptional human resources programs and forward-thinking workplace policies. “Our people are our greatest strength and we are proud to be recognized among the leaders in Canada in providing exceptional workplaces,” said Don Lindsay, […]

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Teck Reports Third Quarter 2018 Results

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 […]

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Teck Reaches Milestone in Water Quality Research

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 […]

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Teck Approved for Share Buy-Back Program

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 […]

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Teck Named to Sustainability World Index

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 […]

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Canada suppressing data on coal mine pollution, say U.S. officials

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 […]

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Teck Releases Water Quality Research

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 […]

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Teck Named to 2018 Best 50 Corporate Citizens

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 […]

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Elk Valley Coal Dust reported

Elk Valley residents have taken to social media to express concern about “black rain” falling earlier this week. Members of the Sparwood Schoolyard Facebook group posted photos of white surfaces dotted with black, which were reportedly caused by the rain. Teck reported that there is no health or environmental risk associated with this short-term, isolated […]

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