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December 7, 2012
14:24 EDTTCKTeck Resources responds to incident at Westshore Terminals
Teck Resources announced that it is taking steps in response to impacts to coal shipping capacity at Westshore Terminals Limited following an incident that resulted in Berth 1 being out of commission for an unknown amount of time. Teck will continue to ship through Berth 2 at Westshore and will be shifting shipping capacity to Neptune Terminals and exploring options for moving additional tonnage to Pacific Coast Terminals and Ridley Terminals. Our preliminary assessment is that we will meet or exceed our sales guidance of 6.2M tonnes for the fourth quarter and, as there is inventory space available at Westshore, we do not expect this incident to have a material impact on coal production for the fourth quarter.
News For TCK From The Last 14 Days
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July 25, 2014
10:02 EDTTCKOn The Fly: Analyst Downgrade Summary
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07:18 EDTTCKTeck Resources downgraded to Neutral from Buy at UBS
UBS downgraded Teck Resources to Neutral due to relative valuation, weak coal prices and high capex.
July 24, 2014
05:54 EDTTCKTeck Resources reports Q1 EPS C$0.13 vs. C$0.34 last year
Reports Q1 revenue C$2.01B vs. C$2.15B last year.
July 16, 2014
08:59 EDTTCKTeck Resources announces purchase of AQM Copper shares
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