Teck profit jumps as coking coal market coax to life

July 27, 2017

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Canada’s largest diversified miner Teck Resources has reported a remarkable jump in headline earnings for the three months ended June, as the steelmaking coal division benefitted from higher prices and sales volumes.
Adjusted profit attributable to shareholders in period was an eye-popping C$577-million, or C$1.00 a share, compared with C$3-million, or C$0.01 a share, in the same period last year.

Category: General