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    coal investing

    Teck Resources Reports Jump in Fourth Quarter Profits

    Charlotte McLeod
    Mar. 01, 2012 01:30PM PST
    Industrial Metals

    The Financial Post reported that Teck Resources Ltd. (NYSE:TCK) saw a 20 percent increase in fourth quarter earnings due to higher prices for metallurgical coal.

    The Financial Post reported that Teck Resources Ltd. (NYSE:TCK) saw a 20 percent increase in fourth quarter earnings due to higher prices for metallurgical coal.

    As quoted in the market news:

    The Vancouver-based miner said adjusted profit was $613-million, or $1.04 a share, which is in line with the average analyst estimate. Teck earned $512-million, or $0.87 a share, in the same quarter a year ago.

    Click here to read the full Financial Post report.

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