Teck remains in production, but suspends guidance on virus uncertainty

Notwithstanding the challenges related to the fast-spreading coronavirus, Canadian diversified miner Teck Resources president and CEO Don Lindsay on Tuesday reported that all the group’s operations remained in production, albeit on a reduced basis.

The Vancouver-headquartered group announced that it had slowed operations and reduced its crews by up to 50% of regular levels at its steelmaking coal operations and Highland Valley Copper operations, in British Columbia, to ensure the health and safety of its employees and communities in the face of the Covid-19 pandemic. These measures started on March 25 and would be in place for an initial two-week period.