Teck Cominco delivers despite setbacks
Higher lead prices, diverse assets buoy Canadian producer amid reverses at Red Dog, Highland Valley, Jericho and Galore Creek
Share
Tweet
Last updated 3/30/2008 at Noon
Hammered by several significant reverses in the fourth quarter of 2007, Teck Cominco Ltd. managed to still turn a substantial profit and deliver $1.6 billion in full-year earnings.
Earnings plummeted to C$280 million, or 64 cents (Canadian) per share, in the fourth quarter, down nearly four-fold from C$866 million, or C$2.01 per share, during the final quarter of 2006.Year-over-year earnings al...
For access to this article please
sign in or
subscribe.
Reader Comments(0)