By Shane Lasley
Teck looks forward to a brighter spring
Share
Tweet
Last updated 11/1/2015 at Noon
Teck Resources Ltd. Oct. 22 reported a third-quarter loss attributable to shareholders of C$2.1 billion (C$3.73 per share) due to non-cash after-tax impairment charges of C$2.2 billion.
The impairment charges are non-cash revaluations of assets to reflect lower market expectations of commodity prices.
The prices of all of Teck's major commodities - steelmaking coal, copper and zinc - continue...
For access to this article please
sign in or
subscribe.
Reader Comments(0)