Teck Resources Ord Shs Class A T.TECK.A

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

Metals & Mining Industrial Metals & Minerals

Teck Resources Limited is a Canadian resource company. The Company operates a portfolio of copper and zinc operations across North and South America. The Company’s operations and projects include Antamina, Cardinal River, Galore Creek Project, Carmen de Andacollo, Highland Valley Copper, Trail Operations, Quebrada Blanca, Carmen de Andacollo, HVC Mine Life Extension Project, Galore Creek Project, NorthMet Project, Mesaba Project, NuevaUnion Project, Red Dog, Sullivan Mine and Trail Operations. The Antamina mine is a copper and zinc mine, located in the Andes Mountain range, 270 kilometers north of Lima, Peru. The deposit is located at an average elevation of 4,200 meters. Its Carmen de Andacollo is located in the Coquimbo Region of central Chile at an elevation of 1,000 meters, approximately 350 kilometers north of Santiago. 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

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Comment by VOKBLVRon Oct 04, 2017 12:40pm

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Post# 26775837

RE:RE:RE:RE:RE:Teck...

cmoneybmoney-Teck's profitability has always been influenced by the stength of the Canadian and US dollars. Internationally, most if not all of Teck's sales take place, they are transacted in $US. Texck reports in $CDN and the relationship between the respective dollars has a significant effect on profitability. The spead between the currencies is the major factor to consider and it is the relative difference that has the major impact. When the $CDN is at .72 $US Teck makes more. Today the $CDN is about .80$US so t has a negtive impact but with the current commodity prices Teck is raking in the cash...

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