Teck Resources Ltd. history, profile and corporate video
Teck Resources Ltd. is a diversified resource company, which is engaged in mining and mineral development with business units focused on copper, steelmaking coal, zinc and energy. The company produces specialty metals, which includes germanium and indium. It is specialized across a wide range of activities related to mining and minerals processing including exploration, development, smelting, refining, safety, environmental protection, product stewardship, recycling and research. The company operates through the following business units: Copper, Coal, Zinc, Energy and Corporate. The Copper business unit is engaged in the copper production. Its mining projects include Antamina in Peru, Quebrada Blanca and Carmen de Andacollo in Chile, Highland Valley Copper in British Columbia and Duck Pond in Newfoundland. The Coal business unit is a producer of steelmaking coal in North America and exporter of seaborne steelmaking coal in the world. Its coal mines are located in Western Canada in Southeastern British Columbia and West Central Alberta. The Zinc business unit includes the trail smelting and refining complex in South Central British Columbia; Red Dog mine in Northwest Alaska and Pend Oreille mine in Washington State. It also provides recycling solutions for metal-bearing scrap and residue. The Energy business unit holds interest in the Fort Hills oil sands project. It also develops oil sands resource base into multi-generation oil production. The Corporate business unit manages its corporate growth initiatives and provides administrative, technical, financial and other functions. Teck Resources was founded in 1913 and is headquartered in Vancouver, Canada.“
“A Brief History of Teck & Cominco
Cominco started in 1906 as The Consolidated Mining and Smelting Company of Canada, formed by the amalgamation of several units controlled by the Canadian Pacific Railway. The company changed its name to Cominco in 1966. Cominco’s core Sullivan mine, which began production in 1909, would operate for more than 90 years until its ore reserves were exhausted in 2001.
Teck began as The Teck-Hughes Gold Mines Limited in 1913, to develop a gold discovery by prospectors Sandy McIntyre and James Hughes at Kirkland Lake. The Teck-Hughes mine was in production for 50 years until 1965. Teck purchased the Beaverdell mine in 1969. This silver mine was first explored in 1898 and was in production until 1991.
The association between Teck and Cominco began in 1986, when Teck and two industry partners acquired a shareholding from CP Limited. Teck acquired 100% of Cominco in July 2001.”
*Information from Forbes.com and Teck.com
**Video published on YouTube by “TeckResources“