Original title: Teck Holds Up Growth Plans to Focus on Chile Copper Mine
Teck Resources Ltd. is deferring major growth projects to focus on fixing issues that have held back output at its flagship Quebrada Blanca copper mine in Chile. The Canadian miner has launched a review of operations at the “QB” site, focused on improving drainage from the tailings facility, it said in a statement Bloomberg Terminal late on Tuesday. It also announced some personnel changes, including the retirement of Chief Operating Officer Shehzad Bharmal and the hiring of an unnamed industry veteran as advisor to top managers.