Teck Resources Ltd. lowered its annual production guidance for copper this year due to delays in construction and commissioning at its most significant copper property, the Quebrada Blanca 2 project in Chile.lowered its annual production guidance for copper this year due to delays in construction and commissioning at its most significant copper property, the Quebrada Blanca 2 project in Chile.
National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Subscribe now to read the latest news in your city and across Canada.Daily content from Financial Times, the world's leading global business publication. Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Create an account or sign in to continue with your reading experience.Share your thoughts and join the conversation in the comments.Don't have an account?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Teck Resources misses quarterly profit estimates, lowers annual copper output targetTeck said it lowered its annual copper production outlook due to delays at a project in Chile
Source: globeandmail - 🏆 5. / 92 Read more »
Teck Resources misses profit estimates, lowers annual copper output targetThe Quebrada Blanca Phase 2 project (QB2) in the South American country is one of the largest undeveloped copper resources in the world, and Teck had previously said it expected to achieve full production rates by the end of 2023. Teck, the target of a takeover bid by Swiss commodity giant Glencore, also reported the death of an employee at QB2 during the second-quarter. The company said it now expects annual copper production of 330,000 tonnes to 375,000 tonnes, down from its previous estimate of 390,000 tonnes to 445,000 tonnes.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Teck lowers outlook at biggest copper project as it eyes shift away from coalTeck Resources lowers its copper production outlook because of delays at its Chile mine. Read more
Source: nationalpost - 🏆 10. / 80 Read more »
Teck announces employee death, lowers production guidance at copper mine project - BNN BloombergTeck Resources Ltd. announced the death of an employee at its Quebrada Blanca copper mine expansion in Chile as it reported a profit attributable to shareholders of $510 million in its second quarter, down from $1.7 billion for the same period last year.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Los Andes Copper signs $20M royalty agreement with Ecora ResourcesA roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
Mineral Resources meets FY guidance, completes Mt Marion expansionA roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »