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    copper-investing

    Teck Profit Jumps as Commodity Prices Soar

    Investing News Network
    Feb. 08, 2011 03:11PM PST
    Base Metals Investing

    Reuters reports that the Canadian mining giant Teck’s (NYSE:TCK) quarterly profit rose 76 % as demand and prices rise for copper, coal and other commodities.

    Reuters reports that the Canadian mining giant Teck’s (NYSE:TCK) quarterly profit rose 76 percent as demand and prices rise for copper, coal and other commodities.

    The market news is quoted as saying:

    Copper recently touched a new record of $10,160 a tonne, as a flurry of positive economic data, along with growing fears of supply constraints led fund managers to invest heavily in the metal, which is widely used in manufacturing and construction.

    Click here to access the entire news:

    https://www.reuters.com/article/2011/02/08/teckresources-idUSN0827468520110208

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