The mining newspaper for Alaska and Canada's North

Teck looks forward to a brighter spring

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 - continued to...

 

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