Numbers for copper were again bolstered by Antamina that produced Teck’s share of 102,300 tonnes of copper in concentrate, which was above guidance. None of the other copper producers made their guidance.
Highland Valley Copper in British Columbia produced 119,000 tonnes due to a temporary pit closure due to what Teck called a “localized geotechnical event” in the Valley pit and extreme weather.
The Quebrada Blanca copper mine in Chile (9,600 tonnes) missed its guidance, as did the Carmen de Andacollo mine (39,500 tonnes). Production at the latter was reduced by unplanned downtime.
Output of steelmaking coal was 21.5 million tonnes, slightly short of the lower guidance number of 22 million tonnes. This reflected a plant feed conveyor failure, plant availability challenges, ongoing labour constraints, and (again) December’s extreme weather.
Looking ahead, Teck has released guidance numbers for 2023. Zinc production will be…
