Resource World Magazine

Resource World - February-March 2018 - Vol 16 Issue 2

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F E B R U A R Y / M A R C H 2 0 1 8 www.resourceworld.com 61 Teck's Dr. Norman Keevil publishes company history Never Rest on Your Ores is a book that will be welcomed by both the mining and investment communities. Written by Dr. Norman B. Keevil, who founded Teck Resources Ltd. with his father, also Dr. Norman B. Keevil, it is a fascinat- ing expedition into big-time Canadian mining. The company is Canada's larg- est diversified mining company with operations covering steel-making coal, oil sands, zinc, copper, smelting and even foreign health programs. Loaded with ability, father and son, both geoscientists, built Teck Resources up from scratch by fol- lowing tried and true formulas and shrewd deal-making that those inter- ested in a career in mining may wish to emulate. It's obvious both father and son have a love of exploration I picked up some pointers for would- be mining entrepreneurs: hire talented people who want to help you succeed; be innovative but still practical; know your limitations; forget about 9-5 hours – deals can be made on weekends; sci- ence plus entrepreneurial drive bring success. In Teck's case, the talented employees included engineers and mine builders that enabled the company to develop as a successful mineral explorer, mine builder and mine operator – three dif- ferent skill sets. Keevil's book recounts eye-opening meetings with powerful politicians, financiers and leaders of industry. I don't know if Dr. Keevil took notes over Teck's 50-year history but the details are mind-boggling. He doesn't spare the ink recalling how greedy ill-informed politicians tried to force unrealistic royalties and taxes on the company. This is a great read. n Never Rest on Your Ores is published by McGill-Queen's University Press. BOOK REVIEW (see editorial on page 80)

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