Base Metals

Teck Named to 2023 Bloomberg Gender-Equality Index

Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck") has been named to the 2023 Bloomberg Gender-Equality Index (GEI) for the sixth straight year.

"We know that a more diverse company is a stronger company, which is why we work to foster a workplace that respects and values diversity and where people feel engaged and supported," said Jonathan Price, CEO. "We are committed to supporting gender equality and are honored to be named to the 2023 Bloomberg Gender-Equality Index."

The GEI recognizes companies committed to advancing women in the workplace globally. Teck was included in this year's index for scoring at or above the global threshold established by Bloomberg to reflect a high level of disclosure and overall performance across the framework's five pillars: female leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, sexual harassment policies, and pro-women brand. More information on the index can be found here: www.bloomberg.com/gei/ .

Teck has also been named as one of Canada's Top 100 Employers by Mediacorp Canada's Top Employers program for the past six years, as well as one of Canada's Top Employers for Young People. Click here to learn more about Teck's approach to inclusion and diversity.

About Teck
As one of Canada's leading mining companies, Teck is committed to responsible mining and mineral development with major business units focused on copper, zinc, and steelmaking coal. Copper, zinc and high-quality steelmaking coal are required for the transition to a low-carbon world. Headquartered in Vancouver, Canada, Teck's shares are listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and the New York Stock Exchange under the symbol TECK. Learn more about Teck at www.teck.com or follow @TeckResources .

Teck Media Contact:
Chris Stannell
Public Relations Manager
604.699.4368
chris.stannell@teck.com

Teck Investor Contact:
Fraser Phillips
Senior Vice President, Investor Relations and Strategic Analysis
604.699.4621
fraser.phillips@teck.com


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Lundin Mining Announces Updated Share Capital and Voting Rights

Lundin Mining Logo (CNW Group/Lundin Mining Corporation)

TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") reports the following updated share capital and voting rights, in accordance with the Swedish Financial Instruments Trading Act:

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Teck Announces First Copper at QB2 Project in Northern Chile

Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck") today announced its Quebrada Blanca Phase 2 Project ("QB2") has produced its first bulk copper concentrate, as the project advances commissioning and ramps up to full production through 2023.

"First copper concentrate production at QB2 is an important milestone as we advance our commissioning and ramp up plan towards full production this year," said Jonathan Price, CEO. "This achievement is made possible by the dedicated and skilled teams who have worked diligently to progress this transformative operation, which is the cornerstone of our copper growth strategy."

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3 Copper ETFs and ETNs (Updated 2023)

There’s more than one way to invest in copper. In addition to buying shares of copper stocks, investors can gain exposure through copper exchange-traded funds (ETFs) or copper exchange-traded notes (ETNs).

For the uninitiated, ETFs are securities that trade like stocks on an exchange, but track an index, commodity, bonds or a basket of assets like an index fund. In the case of base metal copper, there are various options — an ETF can track specific groups of copper-focused companies, as well as copper futures contracts or even physical copper.

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Hudbay Provides Annual Reserve and Resource Update

  • Annual copper production from Constancia is expected to average 110,000 i tonnes over the next three years, a 23% increase from 2022 levels.
  • Annual gold production from Snow Lake is expected to average more than 190,000 i ounces over the next three years, a 30% increase from 2022 levels.
  • Peru concentrate inventory levels at site have reached normal levels ahead of schedule after full resumption of transportation activities.
  • Mining of the higher-grade ore at Pampacancha is now expected in the second quarter of 2023, ahead of schedule.
  • Copper mineral resource estimates increase year-over-year with the incorporation of the positive Copper World PEA and initial mineral resource estimate at Llaguen.
  • Exploration activities in Peru are focused on ground geophysics and drill permitting for highly prospective satellite properties while evaluating the potential for reserve expansion at Constancia and Pampacancha through future mining phases.
  • Exploration activities in Snow Lake are prioritizing step-out drilling for new discoveries to support future growth with preliminary results indicating the alteration zone hosting the mineralized system at Lalor continues down dip for two kilometres.
  • De-risking activities at Copper World are focused on completing a pre-feasibility study in mid-2023 and obtaining state level permits.
  • Recent geophysical surveys, which identify the potential for high-grade skarn and large porphyry targets on private land claims near Mason, will be used to finalize a drill program to test these targets in late 2023.

Hudbay Minerals Inc. ("Hudbay" or the "company") ( TSX, NYSE: HBM) today released its annual mineral reserve and resource update and issued new three-year production guidance. All amounts are in U.S. dollars, unless otherwise noted.

"Our greenfield exploration efforts successfully increased our copper mineral resources last year with the release of our Copper World PEA and the initial resource estimate at Llaguen," said Peter Kukielski, Hudbay's President and Chief Executive Officer. "Our 2023 exploration program is focused on high-potential opportunities to expand mineralization near our operations in Peru and Manitoba to position us for additional long-term reserves growth. We already have long lives at our existing operations, and we expect to add to our robust production outlook by leveraging our proven track record of delivering value through exploration and development as we advance our quality pipeline of growth assets."

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First Quantum Minerals and Rio Tinto Form Partnership to Progress the La Granja Copper Project in Peru

(In United States dollars, except where noted otherwise)

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Trilogy Metals Announces Date of the Annual Shareholders Meeting

Trilogy Metals Inc. (TSX: TMQ) (NYSE American: TMQ) ("Trilogy Metals" or "the Company") will hold the Company's 2023 Annual General Meeting of the Shareholders ("AGM") on Wednesday, May 17, 2023 at 10:00 am Pacific Time at the office of the Company, Suite 1150, 609 Granville Street, Vancouver, British Columbia .

All current directors will stand for re-election at the AGM with the exception of Mr. Kalidas Madhavpeddi, a director of the Company since it went public in 2012. Mr. Madhavpeddi is Chairman of Glencore Plc and has more than 40 years of international experience in corporate strategy, mergers and acquisitions, government relations, marketing, mining engineering and capital. The Board of Directors and Management of the Company would like to thank Mr. Madhavpeddi for his valuable contributions to Trilogy Metals and wish him success in his future endeavors.

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