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Will Teck Resources (TECK) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-10-10 17:10
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Teck Resources Ltd (TECK) . This company, which is in the Zacks Mining - Miscellaneous industry, shows potential for another earnings beat.This company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters o ...
Copper's Risk Trifecta Leaves A Surprising Winner - Barrick Mining (NYSE:B), Global X Copper Miners ETF (ARCA:COPX)
Benzinga· 2025-10-10 10:13
Copper has surged past $11,000 per ton for the first time since May 2024. The red metal is up around 21% year-to-date in a rally driven by more than just long-term demand. It is a combination of regulatory pressure, political instability, and a narrow supply base.The world's biggest producers are stumbling, and environmental disputes freeze some of the best mines and projects. ESG regulations are locking up millions of tons of untapped supply. Unlike gold's de-dollarization breakout, copper gains are rooted ...
Teck to Release Third Quarter 2025 Results on October 22, 2025
Globenewswire· 2025-10-09 23:26
Core Viewpoint - Teck Resources Limited will release its third quarter 2025 earnings results on October 22, 2025, before market opening [1] Group 1: Earnings Release Details - The earnings results will be available before market open on October 22, 2025 [1] - A webcast to review the results is scheduled for 8:00 a.m. PT / 11:00 a.m. ET on the same day [1] - An archive of the webcast will be accessible on Teck's website within 24 hours after the event [2] Group 2: Company Overview - Teck is a leading Canadian resource company focused on providing essential metals for economic development and energy transition [3] - The company has a portfolio of world-class copper and zinc operations across North and South America [3] - Teck is committed to responsible growth and building resilience based on stakeholder trust [3]
降息周期与供给扰动续写金铜长牛
2025-10-09 14:47
降息周期与供给扰动续写金铜长牛 20251009 摘要 美联储降息预期升温,虽降息幅度不及预期,但仍利好黄金。美国政府 停摆及经济数据延迟发布,或加速美联储降息步伐,Dodge 2.0 计划可 能引发裁员,进一步增加降息必要性,多重因素推动金价上涨。 全球紧张局势、央行购金及美元地位衰退等长期因素支撑金价。中国寻 求以人民币结算澳洲铁矿石,挑战美元地位,对黄金形成支撑。关注山 东黄金、赤峰黄金等低估值、业绩预期良好的黄金板块公司。 铜价稳定在 1 万美元以上,逼近历史高位。降息背景下,铜的金融属性 提供支撑。过去几年铜行业资本开支不足,未来几年增量有限,叠加矿 山事故频发及泰克公司产量指引下修,扭转市场预期。 传统基建和新能源领域对铜需求强劲,铜板块具备长逻辑、大故事和快 冲击特性。关注紫金矿业等一线龙头及江西铜业股份等二梯队低估值公 司,供给增量有限,高铜价或维持一段时间。 钴市场受刚果(金)中断供应及配额制度影响,价格上涨。关注印尼供 应为主、不受刚果(金)影响的企业,如立新能源和华友钴业,以及取 得合理配额后具备较大业绩弹性的洛阳钼业。 Q&A 近期黄金价格突破 4,000 美元的整数关口,背后的主要驱 ...
TECK Updates Mine Outlook Following Comprehensive Operational Review
ZACKS· 2025-10-08 17:16
Key Takeaways Teck Resources completed a full review of operations to reassess production and cost ranges.QB output was hit by TMF development delays, leading to reduced 2025-2026 copper guidance.HVC and Red Dog outlooks were lowered, while Trail Operations' zinc output is expected to stay steady.Teck Resources Limited (TECK) has announced that it conducted a thorough review of all operating plans throughout the third quarter of 2025 with input from third-party technical experts and independent advisors. Th ...
Teck Resources Limited (TECK.B:CA) Q4 2025 Guidance Call Transcript
Seeking Alpha· 2025-10-08 14:40
PresentationEmma ChapmanVice President of Investor Relations Good morning, everyone, and thank you for joining us at short notice. Today's call contains forward-looking statements. Actual results may vary due to various risks and uncertainties. Teck does not assume the obligation to update any forward-looking statements. Please refer to Slide 2 for the assumptions underlying our forward-looking statements. We will reference non-GAAP measures throughout this presentation. Explanations and reconciliations are ...
Copper price hits new high after Teck cuts production forecast
MINING.COM· 2025-10-08 14:31
Quebrada Blanca mine in Chile is Teck’s largest copper project. (Image courtesy of Teck Resources.) Copper surged to a 16-month high in London after Teck Resources (TSX: TECK.A, TECK.B)(NYSE: TECK) lowered its copper production guidance for 2025 after persistent setbacks at its Quebrada Blanca (QB) mine in Chile and Highland Valley Copper (HVC) operation in Canada.Prices climbed as much as 0.5% to $10,815 per tonne on the London Metal Exchange. The company said it now expects to produce 170,000 to 190,000 t ...
Teck Resources (NYSE:TECK) Update / Briefing Transcript
2025-10-08 13:00
Teck Resources (NYSE:TECK) Update Summary Company Overview - **Company**: Teck Resources - **Date of Call**: October 08, 2025 - **Focus**: Comprehensive operational review and updates on QB action plan Key Points Operational Review and Action Plan - A comprehensive operations review was launched in August to improve performance through a detailed QB action plan [4] - The review involved third-party technical experts and independent advisers, focusing on enhancing operational practices and establishing achievable plans [4][5] - Enhanced monitoring and tracking of operational performance have been implemented, with direct reporting from SVPs of operations to the CEO [6] QB Operations Update - QB's production has been limited by tailings management facility (TMF) development work, affecting mill availability [7] - Year-to-date mill availability was 87%, but actual utilization was only 70% due to TMF constraints [8] - Recoveries improved sequentially in 2024 but have been impacted in 2025 by transition ores and TMF-related stoppages [9][10] - The focus remains on enabling safe, unconstrained production by raising the dam's crest height [11] TMF Development Work - Key issues include slow drainage of sand due to ultra fines, which has delayed the construction of the sand dam [12][13] - Significant work has been undertaken to improve sand drainage times, with positive initial test results [14] - The TMF development work is expected to continue into 2026, with completion anticipated by the end of that year [22] Revised Guidance and Production Outlook - Changes to guidance reflect a slower ramp-up due to TMF development, with lower recoveries assumed [24] - Average grade at QB is expected to be approximately 0.59% in 2026, with copper production guidance revised to 200,000 to 235,000 tons [30][32] - For 2027, average annual grade is expected to be 0.64%, with production guidance of 240,000 to 275,000 tons [32] - The 2028 production guidance is also revised to 220,000 to 255,000 tons due to lower grade areas being mined [33] Capital Expenditure - Capital guidance for TMF development work in 2026 is CAD $420 million, covering various initiatives including rock bench construction and sand drainage improvements [31][62] - Future capital expenditures for TMF beyond 2026 are expected to be minimal as operations transition to steady state [62] Long-term Potential and Synergies - Despite current challenges, QB remains a world-class Tier one asset with significant potential [38] - The merger with Anglo American is expected to unlock value through synergies between QB and the adjacent Coyoacci operation [40] - The completion of TMF development work is anticipated to eliminate constraints on mill operations from 2027 onwards [42] Additional Insights - The operational review has led to more conservative assumptions and risk adjustments in guidance [41] - The focus on execution and oversight has been strengthened at all levels of the organization [41] Conclusion - Teck Resources is navigating operational challenges primarily related to TMF development, with a focus on improving performance and achieving long-term production goals. The company remains optimistic about its future potential, particularly with the anticipated synergies from the merger with Anglo American.
三大股指期货齐涨 美国政府停摆推动金价首破4000美元大关
Zhi Tong Cai Jing· 2025-10-08 12:55
盘前市场动向 | 3.截至发稿,WTI原油涨1.72%,报62.79美元/桶。布伦特原油涨1.50%,报66.43美元/桶。 | | --- | | ■ WTI原油 | 2025年11月 | 62.79 | 62.81 | 62.08 | +1.06 | +1.72% | | --- | --- | --- | --- | --- | --- | --- | | 兴 伦敦布伦特原油 | 2025年12月 | 66.43 | 66.47 | 65.72 | +0.98 | +1.50% | 市场消息 美欧关税生变?传欧盟官员认为美国新贸易要求太苛刻,或削弱此前协议。欧盟官员认为,美国提出的新要求以及采取的其他措施, 有可能破坏近期达成的一项协议。该协议曾使欧盟与美国避免了一场贸易战。据知情人士透露,本月早些时候,美国总统特朗普政府 向欧盟提交了一份关于实施"互惠、公平和平衡"贸易原则的新提案。一些人士表示,欧盟官员认为这些要求过于苛刻,而所需做出的 让步相当大。这些人士并未透露美国的具体要求细节,因为成员国将于周三听取有关此次讨论的汇报。 1.10月8日(周三)美股盘前,美股三大股指期货齐涨。截至发稿,道指期货 ...
铜价上扬势头获助攻?泰克资源(TECK.US)下调旗舰铜矿产量预期
Zhi Tong Cai Jing· 2025-10-08 08:05
英美资源收购泰克资源的交易将使该公司市值超过 500 亿美元,这将是过去十年中规模最大的矿业交易 之一。该交易使英美资源得以获得泰克资源备受瞩目的铜矿资产,此前该公司曾多次成为收购目标,并 且还面临着股东的压力。 英美资源表示,此次审查及生产规模的下调并未改变该交易的"战略意义"。该公司表示:"英美资源集 团完全支持泰克资源未来几年在提升奎布拉达布兰卡矿井产能方面所采取的更为谨慎的策略。" 与此同时,在上周取得一年来最大单周涨幅后,铜价本周延续涨势,逼近去年五月创下的历史高点。目 前,LME期铜在10,700美元/吨附近交投。 此前,高盛发布研报称,基于资源限制及关键行业的结构性需求增长,料铜价将徘徊于每吨10,000至 11,000美元(下同)水平。该行将2026年的铜价预测由每吨10,000元上调至10,500元,因考虑到印尼格拉斯 伯格(Grasberg)矿场停产、美国减息以及美元进一步贬值,同时维持对2027年每吨10,750元的预测,并 料2025年余下时间铜价维持于10,000元水平。 (原标题:铜价上扬势头获助攻?泰克资源(TECK.US)下调旗舰铜矿产量预期) 智通财经APP获悉,周三,泰克资 ...