Teck Resources (TSX: T.TCK.B, Stock Forum) Friday announced that coal sales for the fourth quarter of 2012 are expected to exceed its previous guidance of 6.2 million tonnes, this according to a company news release.
The miner added that production for the first quarter of 2013 is not expected to be materially impacted by the damage to Berth 1 at Westshore Terminals. Incremental demurrage and transportation costs due to the damage at Westshore are not expected to exceed $2 per tonne for the first quarter of 2013.
Teck expects to have total shipping capacity of approximately six million tonnes in the first quarter of 2013.