Coal



A mining truck at Teck's Coal Mountain project in southeastern British Columbia. Credit: Teck Resources.

Teck’s Q1 profit beats expectations

Teck Resources (TSX: TCK.B; NYSE: TCK) tallied a higher-than-expected quarterly profit, as it mitigated lower commodity prices with deep cost cuts. Adjusted first-quarter profit came in…









Editorial: Layoffs pile up across the industry

The last couple of months have seen deep rounds of layoffs in the mining industry, as companies worldwide struggle to cope with low commodity prices, a resurgent U.S. dollar and thin financings.


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.


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