Rising Commodity Prices Boost Teck Profit

Industrial Metals

Reuters Canada has reported that quarterly profits for Teck Resources Ltd. (TSE:TCK.B) (NYSE:TCK) jumped 76% as a result of increasing demand for coal and copper resources. The article states: Teck also indicated it is well positioned to benefit from the recent surge in the price of copper and coal. The Canadian mining giant said it expects […]

Reuters Canada has reported that quarterly profits for Teck Resources Ltd. (TSX:TCK.B)( NYSE:TCK) jumped 76% as a result of increasing demand for coal and copper resources.

The article states:

Teck also indicated it is well positioned to benefit from the recent surge in the price of copper and coal. The Canadian mining giant said it expects its results in the second half of 2011 to be stronger than those in the first half of the year.

To read the full article, click here.

The Conversation (0)
×