Canadian Mining Journal

Teck Resources Limited

  • News

    COAL, COPPER, ZINC: Teck takes write offs, records quarterly loss

    October 22, 2015 by Canadian Mining Journal

    VANCOUVER – Third quarter results have not been kind to Teck Resources. The company took impairment charges totalling $2.2 billion after taxes. That amounts to $1.5 billion on metallurgical coal assets, $300 billion on copper, $19 million on zinc, and

  • News

    SILVER: Teck, Franco-Nevada strike streaming deal

    October 7, 2015 by Canadian Mining Journal Staff

    PERU – Teck Resources and Franco-Nevada Corp. have struck a streaming deal for Teck’s share of silver produced at the Antamina copper-zinc mine 270 km north of Lima. Teck owns a 22.50% interest in the Antamina joint venture along…

  • News

    OIL SANDS: Total E&P sells part of Fort Hills interest to Suncor

    September 21, 2015 by Canadian Mining Journal Staff

    ALBERTA – Total E&P, an arm of the French petroleum producer, has agreed to sell a 10% working interest in the Fort Hills oil sands project to Suncor Energy of Calgary for a reported $310 million. The $15-billion project 90 km north…

  • News

    GOLD-COPPER: Goldcorp, Teck establish joint venture in Chile

    August 27, 2015 by Canadian Mining Journal Staff

    CHILE – Goldcorp of Toronto is buying out its 30% partner, New Gold, at the El Morro copper-gold project. A 50/50 joint venture will be then created with the Relincho copper-molybdenum project belonging to Teck Resources of Vancouver. The…

  • News

    COAL: Low prices push Alpha Natural, Optimum over edge

    August 4, 2015 by Canadian Mining Journal Staff

    UNITED STATES and SOUTH AFRICA – Alpha Natural Resources, a large US coal producer with head offices in Virginia, has filed for Chapter 11 bankruptcy. The bad news is not confined to this continent, either. Glencore subsidiaries Optimum…

  • News

    OIL SANDS: Suncor pumps up bitumen numbers in Q2

    July 30, 2015 by Canadian Mining Journal Staff

    ALBERTA – Suncor Energy, headquartered in Calgary, generated cash flows in excess of $2.1 billion in Q2 2015, despite the recent drop in crude oil prices. Earnings were in the black, too. The operating figure was $906 million ($0.63 per…

  • News

    Teck chugs along amid weak coal prices

    July 29, 2015 by Canadian Mining Journal Staff

    Teck Resources (TSX: TCK.B; NYSE: TCK) posted decent second quarter results, but analysts remain cautious about the diversified miner’s path forward, amid weakening coal markets.

  • News

    OIL SANDS: Teck pushes Frontier start-up to 2026

    July 13, 2015 by Canadian Mining Journal Staff

    ALBERTA – Vancouver’s Teck Resources may be most famous for its base metals and coal production, but for several years now the company has had its toe in the waters of the oil sands. It is a 20% partner in the Fort Hills project where…

  • News

    GOLD: Maclean’s names Kinross top socially responsible mining company

    June 16, 2015 by Canadian Mining Journal Staff

    TORONTO – Kinross Gold Corp. is the top mining company on Maclean’s new list of Top 50 most socially responsible companies in Canada. The list was determined by the magazine in partnership with Sustainalytics.

  • News

    SUSTAINABILITY: Teck among best in two separate rankings

    June 4, 2015 by Canadian Mining Journal Staff

    VANCOUVER – Teck Resources was recognized twice this week as one of the top corporations in Canada for both corporate citizenship and social responsibility in two separate sustainability rankings.

  • News

    COAL: Temporary shutdowns for six Teck collieries

    May 28, 2015 by Canadian Mining Journal Staff

    BRITISH COLUMBIA – The failing coal market has forced Teck Resources of Vancouver to announce temporary shutdowns at its six Canadian steelmaking coal operations to adjust production and inventories. The Fording River, Greenhills, Line…

  • News

    DONATIONS: Teck pie throw raises $1.1M for BC Children’s Hospital

    May 13, 2015 by Canadian Mining Journal Staff

    VANCOUVER – Mining for Miracles, the BC mining community’s longstanding fundraising campaign for BC Children’s Hospital, raised more than $1 million on May 7 at its signature event, the Teck Celebrity Pie Throw. Participants raised funds…