Downturn in Market price for Coal

The metallurgical coal market is showing signs of strain from oversupply as steel production cuts bite coke sales.

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Dominic Barton to Step Down from Teck Board

Teck announced today that Dominic Barton will step down from Teck’s Board of Directors, effective immediately, to assume the role of Canada’s Ambassador to China. Mr. Barton joined Teck’s Board in September 2018 and was appointed Chair of the Board on October 1, 2018. Sheila Murray, Chair of Teck’s Corporate Governance and Nominating Committee, will […]

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Teck Named to 2019 Best 50 Corporate Citizens in Canada

Teck Resources Limited has been recognized as one of the top companies in Canada for corporate citizenship, placing fourth on the Best 50 Corporate Citizens in Canada ranking by Corporate Knights. This marks the 13th consecutive year Teck has been named to the Best 50. “Our employees and our company are dedicated to giving back […]

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Teck Reports 2018 Sustainability Performance

Teck Resources has released its 18th annual Sustainability Report, covering the company’s performance in 2018 and progress towards its short-term sustainability goals set for 2020. “Our ability to operate in a socially and environmentally responsible way is foundational to our success as a business, and an important part of who we are as a company,” […]

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Teck Fined under Environmental Management Act

Teck Coal Limited’s Elkview Operations has been issued an Administrative Monetary Penalty (AMP) under the Environmental Management Act, totaling $37,500 for infractions related to air emissions. The penalty is for failing to comply with the permit limit for particulate matter and for failing to maintain its coal breaker stack equipment in June of 2018. Teck […]

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The Elk Valley’s contamination crisis

The Narwhal has published an account of the selenium contamination crisis happening to the Elk Valley’s watershed. This is brief introduction to their story: In this beautiful valley in southern British Columbia — a popular destination for outdoor enthusiasts — a water crisis is slowly unfolding. The Elk Valley is home to some of Canada’s […]

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Teck fatality at Elkview Operations

The vehicle collision occurred at Elkview Operations at approximately 10:45am Sunday, November 18th, resulting in the death of an employee. The tragic accident took the life of 38 year old Stefan James Falzon of Fernie BC. Stefan is survived by his wife Tessa Knoop, son Gryffin and daughter Haven, his mother Elizabeth Falzon, brother Nick […]

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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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