Teck Resources Limited

TSX dips below 13,000 mark, Dec. 4-10

Tumbling oil prices sent the energy-heavy S&P/TSX Composite Index below 13,000 for the first time since 2013, before finishing at 13,016.59, down 2.3%. Brent crude closed at US$39.73 per barrel on Dec. 10 — less than half of the…


A truck at Teck Resources' Fording River metallurgical coal mine in southeastern British Columbia. Credit: Teck Resources

Teck cuts jobs, dividend

Diversified miner Teck Resources (TSX: TCK.B; NYSE: TCK) is slashing jobs and lowering its dividend to protect its liquidity amid the commodity price collapse.


Launching a SmartPlanes drone.  Credit: SmartPlanes

Drones take productivity to new heights

In the face of one of the biggest downturns in the industry, cash-strapped miners and explorers are turning to unmanned aerial vehicle (UAV), or drone, technology as one way to help drive down costs, boost productivity and harness safety at…


Drillers exploring the Atacama copper project in Chile, as part of Arena Minerals and JOGMEC's joint venture. Source: Arena Minerals

Teck the latest major to join Arena in Atacama

Teck Resources (TSX: TCK.B; NYSE-MKT: TCK) has become the third company this year to sign a joint-venture option agreement with prospect developer Arena Minerals (TSXV: AN) on its Atacama property in Chile, 50 km from the port of Antofagasta.


TSX climbs higher, Oct. 19-22

The Toronto stock market ended higher as investors took in prime minister-designate Justin Trudeau’s majority win in the federal election. Canada’s new prime minister promises to invest heavily in infrastructure, among other areas,…




US stocks rise, Oct. 2-8

U.S. equities advanced, with the Dow Jones Industrial Average climbing 4.8% to 17,050.75. The S&P 500 Index advanced 4.7% to 2,103.43 for its highest level in seven weeks. The Nasdaq Composite jumped 4% to 4,810.79. The spot price for gold…


Autonomous haulage trucks on the move at Rio Tinto's West Angelas iron ore mine in Australia's Pilbara region. Credit: Rio Tinto.

Mining sector forced to innovate

The mining sector is facing a Darwinian moment, delegates at the first annual Technology and Innovation in Mining conference in Toronto heard in September.


US stock indexes fall, Sept. 14-18

The U.S. Federal Reserve’s decision to keep interest rates near zero heightened worries about how weak global economic growth would affect U.S. corporate earnings. Fed Chair Janet Yellen said the impact of the global economic slowdown on…


Goldcorp's El Morro gold-copper project in northern Chile's Huasco province. Source: Goldcorp

Goldcorp, Teck join forces to tackle El Morro in Chile

El Morro, the large undeveloped gold-copper deposit in northern Chile, will become the focus of a joint venture (JV) between Goldcorp (TSX: G; NYSE: GG) and Teck Resources (TSX: TCK.B; NYSE: TCK), giving it a better chance of reaching its…


TSX ends up higher, Aug. 24-28

The Toronto Stock Exchange finished in positive territory as investors took in higher oil prices and news that the Chinese government cut interest rates again to bolster its slowing economy. The S&P/TSX Composite climbed for four…


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