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Teck Resources reports a profitable first quarter, boosted by higher copper prices and sales.
Teck Resources reported a significant increase in its first-quarter profit, thanks to higher commodity prices and increased copper sales volumes.
The company's profit from continuing operations rose to $370 million, compared to a loss of $125 million in the same quarter last year.
Revenue increased to $2.29 billion, up from $1.62 billion.
The realized price of copper also rose to $4.27 per pound from $3.86 a year earlier.
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Teck Resources reporta un primer trimestre rentable, impulsado por mayores precios y ventas de cobre.