B.C. copper mine suspends operations due to wildfires

Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) announced today that operations at Teck Highland Valley Copper in south-central British Columbia have been temporarily suspended due to an evacuation order issued by the District of Logan Lake in response to wildfire activity in the area.

“All workers are being safely demobilized from the site with the exception of a small number of employees necessary to responsibly ensure safety and environmental protection,” wrote the company. “There is currently no risk to infrastructure of the operation. Teck is closely monitoring wildfire conditions and will restart operations once the evacuation order is lifted and it is deemed safe to do so.”

On Friday Teck announced that fires were affecting its operations in central B.C., Trail.

Teck forecasts between 128,000 and 133,000 tonnes of copper production from Highland in 2021.

On Thursday the city of Logan Lake evacuated about 2,000 residents due to forest fires in the regions, about 21 kilometers east of the mine.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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