Teck Resources Ord Shs Class A T.TECK.A

Alternate Symbol(s): TECK | TCKRF | T.TECK.B

Metals & Mining Industrial Metals & Minerals

Teck Resources Limited is a Canada-based mining company that operates in copper, zinc, steelmaking coal and energy segment. The Company’s operations and projects include Antamina, Cardinal River, Carmen de Andacollo, Elkview, Fording River, Fording River Extension, Fort Hills, Galore Creek Project, Greenhills, Highland Valley Copper, HVC 2040, Line Creek, NewRange Copper Nickel, NuevaUnion, Quebrada Blanca, Quebrada Blanca Phase II, Quintette Project, Red Dog, Sullivan Mine and Trail Operations. The Antamina mine is a large copper and zinc mine, located in the Andes Mountain range of Peru. Its Carmen de Andacollo is located in the Coquimbo Region of central Chile. The Fording River Extension Project is located adjacent and to the south of Teck’s existing Fording River Operations. Its Galore Creek is located within the territory of the Tahltan in northwestern British Columbia, approximately 150 kilometers northwest of Stewart.

TSX:TECK.A - Post by User

Teck Resources Ord Shs Class A

Bullboard Posts

Comment by ellgaron Apr 18, 2011 6:57pm

501 Views

Post# 18449553

RE: 1Q Report....

I think it looks good as I heard the revenu from operations were expected to be $2.2B and it was $2.4B
Thoughts:

Revenues

Revenues from operations were $2.4 billion in the first quarter compared with $1.9 billion a year ago. Revenues from our copper business unit increased by $179 million, primarily due to significantly higher copper prices. Coal revenues increased by $229 million compared with the first quarter of 2010 due to significantly higher realized coal prices partially offset by a 6% decrease in sales volumes. Revenues from our zinc business unit increased by $63 million due to higher base metal prices and silver revenues. The effect of the stronger Canadian dollar partly offset the impact of higher commodity prices in each of our business units.

Bullboard Posts

A junior copper-gold stock trading at a bargain of monumental proportions