Strong growth on the cards for resources group

Canadian resources group Teck Resources expects the company and the country to benefit from the continued growth in demand for raw materials from Asia.

New bond issuance could pay for Teck acqusitions, S&P says

Ratings agencies on Friday fixed the ‘BBB’ score to the $1-billion in new bonds Teck Resources sold this week, with Standard & Poor's suggesting the financing flexibility the proceeds provide could go towards acquisitions. Canada’s biggest...

Teck taking another look at iron-ore?

The mystery C$324-million Teck Resources said on Thursday it had invested into unnamed public companies during the fourth quarter caught the curiosity of analysts, but management of the diversified miner was mum over its intentions. All CEO Don...

Teck profit boosted by coal, copper prices

Teck Resources' second-quarter adjusted net earnings rose 91% compared with a year earlier, after higher coal and copper prices offset lower coal sales, higher costs and a strong Canadian dollar. Adjusted profit for the second quarter was...

Teck rises on earnings, outlook

Shares in Teck Resources rose almost six percent on Tuesday, after the company reported strong first-quarter results and said it expects coal sales should increase over the course of this year and into 2012. Teck said late on Monday that it had...

Teck studies further expansion at Andacollo

Teck Resources will study a potential expansion at its Carmen de Andacollo operation in Chile, the firm said on Friday. The company achieved commercial production at its new copper concentrator project at Carmen de Andacollo in October, and...

Elkview work stoppage to continue – Teck

Striking workers at Teck Resources' Elkview operation have rejected a proposed new five-year contract, the company said on Monday. Teck, led by CEO Don Lindsay, had hoped to resume operations at the mine by March 22 if the agreement was approved.

Mining companies pressed to boost production amid record prices, rising demand

The Canadian mining sector in the first quarter of 2011 looks and feels starkly different compared with the industry that rang in the New Year just two years earlier

Teck says met coal will stay 'tight'

Teck Resources, the second-biggest producer of seaborne hard-coking coal, expects markets for the steelmaking ingredient will remain tight this year, CEO Don Lindsay said on Wednesday. But he also commented that the company continues to struggle...

Teck boosts dividend

Vancouver-based Teck Resources has increased its semi-annual dividend by 50%, to $0,30 a share, the firm announced on Wednesday. The dividend will be paid on January 4 to shareholders of record at the close of business on December 15.

Teck appoints new head of coal unit

Teck Resources has appointed Ian Kilgour as senior vice-president for its coal division, replacing Boyd Payne who will retire. Kilgour, who is currently the president and CEO of Campania Minera Antamina in Peru will join Teck on February 14, 2011.

Teck keeps engineers busy with projects, still keen on iron-ore

Vancouver-based Teck Resources will have its engineering teams working flat out next year, as it prepares a pipeline of expansion and greenfield projects to boost copper and coal production and studies the development of its oil sands interests....