Teck Resources Ltd.
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Teck Resources taking ‘direct approach’ to separate its businessesTeck Resources Ltd. will not go ahead with a key shareholder vote on its plan to separate its metals and steelmaking coal businesses into two companies.CanadaApr 26, 2023
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Teck completes sale of Fort Hills stake to project partners; exits oilsandsTeck Resources Ltd. says it has completed the sale of its 21.3 per cent stake in the Fort Hills oilsands mine to Suncor Energy Inc. and TotalEnergies EP Canada Ltd.MoneyFeb 3, 2023
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Suncor to acquire Teck Resources’ stake in Fort Hills oilsands project for $1BSuncor Energy will buy out Teck Resources' 21.3 per cent stake in the Fort Hills oilsands project for approximately $1 billion, the two companies announced late Wednesday.MoneyOct 27, 2022
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Teck CEO defends strategy at mining conference as investors launch criticismThe CEO of Teck Resources Ltd. defended his company's growth strategy on Tuesday as dissident shareholders criticized what they called "underperforming'' investments in coal and oilsands.MoneyMay 12, 2020
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Teck Resources exits energy industry group CAPP, citing cost cuttingTeck Resources is leaving the Canadian Association of Petroleum Producers, an industry organization whose members represent about 80 per cent of Canada's oil and gas production.EconomyMay 1, 2020
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Teck Resources takes $312M loss on writedown of oilsands mine stakeMeasures taken to deal with the COVID-19 pandemic and low commodity prices are being blamed by Teck Resources Ltd. for a first-quarter loss attributable to shareholders of $312 million.MoneyApr 21, 2020
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Canadian energy projects more difficult to get to completion: analystsLong pipeline routes that cross provincial and Indigenous territorial boundaries are part of the reason that Canada is a more difficult place than the U.S. to build major energy projects, according to American analysts.EconomyFeb 25, 2020
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Alice Munro, dozens of Nobel Prize winners denounce Teck oilsands projectMunro, Canadian biologist Jack W. Szostak and 40 other global winners from various fields signed a letter addressed to Prime Minister Justin Trudeau and Deputy Prime Minister Chrystia Freeland urging them to deny the Teck Resources Ltd. plan.CanadaFeb 21, 2020
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Rejection of Frontier oilsands mine could result in $1.13B charge, Teck Resources warnsTeck Resources Ltd. says it will take an impairment charge of about $1.13 billion if the federal government decides not to approve its Frontier oilsands mining project.EconomyFeb 21, 2020
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In letter to Trudeau, Kenney says rejection of Teck Frontier project could be ‘boiling point’ for western alienationAlberta's premier has penned a letter to Prime Minister Justin Trudeau, warning that the federal government's rejection of the Teck Frontier mine project could be a tipping point for the province.EnvironmentFeb 10, 2020
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