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December 16, 2012
21:20 EDTTCKTeck announces decision in Phase 1 of Upper Columbia River litigation
Teck Resources Limited announced that the Federal District Court for Eastern Washington has ruled in favor of the plaintiffs in Phase 1 of the Pakootas case. The court has issued a declaratory judgment that Teck Metals Ltd. is liable under CERCLA for response costs, the amount of which will be determined in the subsequent phase of the case. The subsequent hearing, with respect to claims for natural resource damages and costs, has not yet been scheduled and is expected to be deferred until the remedial investigation and feasibility study with respect to environmental conditions in the Upper Columbia River is substantially complete. That study, being undertaken by Teck American Incorporated, "TAI", pursuant to a 2006 agreement with the United States Environmental Protection Agency, is currently expected to be completed in 2015
News For TCK From The Last 14 Days
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February 11, 2016
05:38 EDTTCKTeck Resources expects steelmaking coal production to be 25M-26M tonnes
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05:36 EDTTCKTeck Resources expects to complete 2016 with at least $500M in cash
The company commented, "If we meet our full year guidance for production, costs and capital expenditures, assuming current commodity prices and exchange rates and no unusual transactions or events, we should complete 2016 with at least $500M in cash without any material change in our overall U.S. dollar debt level."
05:35 EDTTCKTeck Resources: Fort Hills oil sands project construction 50% complete
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05:34 EDTTCKTeck Resources reports Q4 adjusted EPS 3c, consensus 0c
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