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Balance Sheet Cash Flow Statement Ste. 3300, Bentall 5, 550 Burrard St. Vancouver, British Columbia V6C 0B3, Canada Tel. 604-699-4000 Fax 604-699-4750 |
Type: Public
On the web:
http://www.teck.com
Employees:
9,000
Employee growth: 1.1%
Teck Resources really digs zinc. And coal. And copper. Its Red Dog mine in Alaska holds some of the world's largest zinc reserves. The company's coal business operates through subsidiary Fording Canadian Coal Trust. (The company owned less than 20% of Fording until it spent $14 billion in 2008 to buy the rest of it.) It mines copper in Canada, Chile, and Peru. Teck's energy segment consists of stakes in three oil sands projects in Canada. Though the company was founded in 1913 as a gold miner, it has sold off most of its gold holdings since 2008 in a series of moves designed to help Teck pay down its debt.
Key numbers for fiscal year ending December, 2008:
Sales: $5,646.1M
One year growth: (13.0%)
Net income: $538.9M
Income growth: (67.2%)
Officers:
Chairman: Norman B. Keevil
President, CEO, and Director: Donald R. (Don) Lindsay
SVP Finance and CFO: Ronald A. (Ron) Millos
Competitors:
Freeport-McMoRan
Nyrstar
Rio Tinto Limited
