Teck shifts focus to ‘green’ metals

Mining firm Teck Resources recently announced that it will spin off its metallurgical coal (used for making steel) operations. It also recently sold its stake in an oil sands project.
These moves are part of its plan to focus on “low carbon metals,” particularly copper and… Read More

Rising coal prices brighten Teck’s outlook

TECK RESOURCES LTD. $42 (Toronto symbol TCK.B; Conservative Growth Portfolio, Resources sector; Shares outstanding: 589.1 million; Market cap: $24.7 billion; Price-to-sales ratio: 2.7; No dividends paid since July 2008; SI Rating: Extra Risk) is a leading producer of metallurgical coal, a key ingredient in steelmaking… Read More

How to cut your resource risk

Resource stocks should move higher as the global economy continues to recover in the years ahead. But there will be inevitable declines along the way. So we think you should cut your risk in this volatile sector by investing mainly in stocks of profitable, well-established… Read More

Lower debt brightens Teck’s outlook

TECK RESOURCES LTD. $34 (Toronto symbol TCK.B; Conservative Growth Portfolio, Resources sector; Shares outstanding: 588.7 million; Market cap: $20.0 billion; Price-to-sales ratio: 2.3; SI Rating: Extra Risk) is a leading producer of metallurgical coal, a key ingredient in steelmaking. It also mines copper, zinc, lead,… Read More