Teck Resources

Teck Resources Limited is a resource company, which engages in mining and development of mineral properties. It organized into business units focused on steelmaking coal, copper, zinc, and energy. The firm also offers lead, silver, molybdenum and various specialty and other metals, chemicals and fertilizers. It focuses on its project operations located in Canada, Peru, Chile, and U.S. The company was founded on September 24, 1951 and is headquartered in Vancouver, Canada.

Earnings data Q4 2020

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Teck Resources reports robust Q2 earnings post coal business sale

Teck Resources delivered strong financial performance in Q2 2024, driven by copper production and strategic divestment of the coal business. While facing short-term challenges in production guidance, the company's focus on growth projects and shareholder returns highlights a promising future outlook.

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Teck Resources Limited is a resource company, which engages in the exploration, acquisition, development, production, and sale of natural resources. Its products include steelmaking coal, copper, zinc, industrial products and fertilizers, and other metals. Its project operations are located in Canada, Peru, U.S., and Chile. The company was founded on September 24, 1951 and is headquartered in Vancouver, Canada.

VANCOUVER, British Columbia, June 15, 2023 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced the following Vice President appointments.

Teck Announces Vice President Appointments

Glencore PLC

Teck Resources Limited (NYSE: TECK) is trading slightly down today after Glencore PLC (LON: GLEN) revealed interest in buying its steelmaking coal business. Glencore failed to fully acquire Teck Resources Remember that the world's most profitable mining company has already made two failed attempts to fully acquire Teck Resources.

Glencore makes an alternative bid for Teck Resources' coal assets

Glencore PLC (LSE:GLEN) confirmed that it has offered to buy Teck Resources Ltd (TSX:TECK.B)' steelmaking coal business (EVR) for cash in a departure from the commodities giant's previous proposal for a full-blown merger with Canada's biggest miner. The move is the latest salvo in the commodity giant's battle for Teck, which has so far met with resistance from the company's management.

Glencore steps up battle with cash offer for Teck Resources' steelmaking coal business

Teck has already rejected two full takeover bids from Glencore, and said last week that it has received several offers for its coal unit.

Glencore Offers to Buy Teck Resources' Coal Assets. It's the Deal That Won't Go Away.

Glencore PLC (LSE:GLEN) has made an alternative pitch to win over Teck Resources, offering to buy its steelmaking coal business. The FTSE 100-listed miner, which has already expressed in buying the whole of Teck, said under the new plan it would buy Teck's steelmaking coal business and then demerge the business unit together with its own energy coal assets 1-2 years after the deal closed.

Glencore makes alternative pitch to win over Teck

VANCOUVER, British Columbia, June 12, 2023 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today commented on its previously announced engagement with several parties that have submitted unsolicited indications of interest regarding various forms of potential transactions involving Teck's steelmaking coal business.

Teck Confirms Glencore's is One of a Number of Proposals Under Consideration Related to Steelmaking Coal Business

The commodities giant is willing to buy Teck's unit as an alternative to a full merger.

Glencore Approaches Teck Over Its Coal Business

Teck Resources (TECK) indicates that it has received indications of interest for deals for its coal assets.

Teck Resources (TECK) in Talks With Parties for Coal Business

VANCOUVER, British Columbia, June 06, 2023 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced a CAD$10 million donation to the Chilean Nature Fund (“FNC”) to support Chile's Protected Marine Areas program and protection of a critical global biodiversity area.

Teck Donates $10-million to Chilean Nature Fund to Support Chile's Protected Marine Areas Program and Juan Fernández Archipelago

VANCOUVER, British Columbia, June 06, 2023 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today confirmed that it has received a number of inbound indications of interest regarding various forms of potential transactions involving Teck's steelmaking coal business.

Teck Engaging with Multiple Counterparties Regarding Interest in its Steelmaking Coal Business

Two catalysts for Teck Resources Limited: underlying business growth in servicing the energy transition and potential acquisition of Teck Metals (copper business). Management's focus on unlocking shareholder value for Teck's copper business.

Teck Resources: 2 Catalysts Happening (Rating Upgrade)

VANCOUVER, British Columbia, May 25, 2023 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced the following executive and vice president appointments:

Teck Announces Executive and Vice President Appointments

VANCOUVER, British Columbia, May 25, 2023 (GLOBE NEWSWIRE) -- Vancouver Coastal Health (VCH), Teck Resources Limited (“Teck”) and VGH & UBC Hospital Foundation are partnering to study how antimicrobial copper can be used to prevent infections and improve health outcomes in three long-term care homes across the VCH region. Funded by Teck, it will be the first study of its size in Canada.

Vancouver Coastal Health and Teck Partner to Study How Bacteria-killing Copper Can Reduce the Risk of Infection Transmission in Long-term Care Homes

Toronto, Ontario--(Newsfile Corp. - May 25, 2023) - American Eagle Gold Corp. (TSXV: AE) (OTCQB: AMEGF) ("American Eagle" or the "Company") is pleased to announce that it has closed the previously announced strategic investment in the Company by Teck Resources Limited (TSX: TECK.A) (TSX: TECK.B) (NYSE: TECK) ("Teck") through a structured charity flow-through financing on a private placement basis. The Company has issued 14,400,000 common shares on a flow-through basis (the "Charity FT Shares") at a price of C$0.205 per Charity FT Share for issue proceeds of approximately $2.96 million (the "Offering").

American Eagle Gold Closes C$2.96 Million Financing

VANCOUVER, British Columbia, May 18, 2023 (GLOBE NEWSWIRE) -- A collaborative cross-Canadian partnership between infection control researchers, transit authorities and private industry has demonstrated the effectiveness of antimicrobial copper to reduce the spread of bacteria and viruses in public spaces. The results of a successfully completed, one-year study, led by the medical microbiology research team at Vancouver Coastal Health and hosted by TransLink and Toronto Transit Commission, found that select copper products on public transit can eliminate up to 99.9% of bacteria.

First of its Kind Joint Study Demonstrates Copper's Effectiveness at Killing Bacteria and Viruses on Public Transit

(Kitco News) - Teck Resources (TSX: TECK.A and TECK.B) (NYSE: TECK) announced today that the Zafranal copper project in Peru has received regulatory approval from SENACE, Peru´s National Service of Environmental Certification for Sustainable Investments.

Teck announces regulatory approval for the Zafranal copper project in Peru

VANCOUVER, British Columbia, May 12, 2023 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today that it has completed the previously announced plan of arrangement under the Canada Business Corporations Act to introduce a six-year sunset for the multiple voting rights attached to the Class A common shares of Teck (the “Dual Class Amendment”).

Teck Completes Plan of Arrangement Introducing a Sunset for Dual Class Share Structure

VANCOUVER, British Columbia, May 12, 2023 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today that the Zafranal copper project in Peru has received regulatory approval from SENACE, Peru´s National Service of Environmental Certification for Sustainable Investments. Zafranal is a highly competitive, mid-sized copper-gold development project located in the porphyry copper belt of Southern Peru in the Arequipa Region. The deposit is owned by Compañía Minera Zafranal S.A.C. (“CMZ”), of which Teck owns 80% and Mitsubishi Materials Corporation (“MMC”) owns 20%.

Teck Announces Regulatory Approval for the Zafranal Project

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. VANCOUVER, BC / ACCESSWIRE / May 9, 2023 / Hannan Metals Limited ("Hannan" or the "Company") (TSXV:HAN) announces the closing of its non-brokered unit private placement financing (the "Offering") announced on April 24, 2023.

Hannan Announces Closing of C$1.76 Million Oversubscribed Private Placement

VANCOUVER, British Columbia, May 09, 2023 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) Chief Executive Officer Jonathan Price will be presenting at the BofA Securities 2023 Global Metals, Mining and Steel conference on Tuesday, May 16, 2023 at 5:40 a.m. Eastern/2:40 a.m. Pacific time. The investor presentation will focus on maximizing value for shareholders and include information on company strategy, financial performance, and outlook.

Teck to Present at the BofA Securities 2023 Global Metals, Mining and Steel Conference May 16, 2023

Zacks.com users have recently been watching Teck Resources Ltd (TECK) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Here is What to Know Beyond Why Teck Resources Ltd (TECK) is a Trending Stock

Teck Resources abandoned its separation plan last month. Investors want it to pursue a cleaner separation of its steelmaking coal operations.

Why Teck Resources Stock Rocketed 27.5% in April

Canadian Pacific Kansas City Limited

CALGARY, AB and VANCOUVER, BC , May 4, 2023 /PRNewswire/ - Canadian Pacific Kansas City Limited (TSX: CP) (NYSE: CP) ("CPKC") and Teck Resources Limited (TSX: TECK.A) (TSX: TECK.B) (NYSE: TECK) ("Teck") announced today that CPKC and Teck Coal Limited have entered into a long-term rail agreement for the transportation of steelmaking coal from Teck's four operations in southeastern B.C. The agreement builds on existing services in place and runs until the end of 2026.

Teck and CPKC announce long-term rail agreement

CALGARY, Alberta and VANCOUVER, British Columbia, May 04, 2023 (GLOBE NEWSWIRE) -- Canadian Pacific Kansas City Limited (TSX: CP, NYSE: CP) (“CPKC”) and Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today that CPKC and Teck Coal Limited have entered into a long-term rail agreement for the transportation of steelmaking coal from Teck's four operations in southeastern B.C. The agreement builds on existing services in place and runs until the end of 2026.

Teck and CPKC Announce Long-term Rail Agreement

VANCOUVER, British Columbia, April 28, 2023 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today that the Supreme Court of British Columbia has issued a final order approving the previously announced plan of arrangement under the Canada Business Corporations Act to introduce a six-year sunset for the multiple voting rights attached to the Class A common shares of Teck (the “Dual Class Amendment”).

News for Teck Resources Stock (TECK)