US EditionTeck Resources Lowers Copper Production Guidance for 2025
- Teck Resources Inc. has reduced its copper production guidance for 2025 to between 415,000 and 465,000 tonnes, down from 470,000 to 525,000 tonnes.
- The lowered expectations are due to reduced forecasts for the Quebrada Blanca mine in Chile, now estimated at 170,000 to 190,000 tonnes, down from 210,000 to 230,000 tonnes.
- Production from Highland Valley Copper is now expected to be between 120,000 and 130,000 tonnes, a decrease from the previous estimate of 135,000 to 150,000 tonnes.
- Teck's proposed merger with Anglo American PLC is still under review by the Investment Canada Act.
13 Articles
13 Articles
Winnipeg Free Press
Teck Resources lowers copper production guidance for 2025
Breaking News, Sports, Manitoba, Canada
The price of gold continues to rise: it reaches US$4,000 for the first time in historyWall Street opens up in mixed terrain, with a look at artificial intelligence Copper reached a new 16-month peak at the London Metal Exchange (LME), driven by a succession of cuts in mining production projections.The price rose to 0.5% to reach the value of US$4,870 a pound, after Teck Resources will cut its production guide for the Quebrada Blanca mine in Chil…
Teck Resources Slashes Guidance Across Operations Following Operational Issues
The copper market continues to get tighter. Teck Resources (TSX: TECK.b) this morning became the latest copper producer to reduce copper production guidance, with the reduction coming amid operational issues at their Quebrada Blanca mine in Chile. QB continues to face constraints in connection with the development of their tailings management facility, with the copper […]
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