RE:Its the wivesBunECarlos wrote: Blame it on Judy:)
Teck Resources Ltd. faces allegations of putting thousands of British Columbia miners at risk of contracting COVID-19 and spreading the virus into the nearby communities by keeping open its massive coal operations.
Kelty Pelechytik, who lives near the company’s coal mines in the east Kootenay region of British Columbia, wrote a letter to Teck’s management and its board on April 5 alleging that conditions inside the mine have “likely enabled the spread of COVID-19 amongst its employees and contractors, their families, and the community at large.”
Bun E
I think Teck is in trouble. They did very well when coking coal prices were high but with copper and coal down now and oilsands projects being set aside they must be suffering.
Last time they overextended they got bailed out by Chinese investment but I think that is unlikely if they find themselves in need of help again.I don't know their current finacial situation but lawsuits from former employees or their families might just push them closer to bankruptsy.