Teck profit tumbles 60% on lower copper, met coal tags

Jul 25, 2013 | 07:16 PM | Everdeen Mason

Tags  copper, teck resources, Don Lindsay, earnings report, Everdeen Mason

NEW YORK — Teck Resources Ltd.’s earnings fell sharply in the second quarter due to lower copper and metallurgical coal prices.

The Vancouver, British Columbia-based company posted net income attributable to shareholders of Canadian $143 million ($139.1 million) for the three months ended June 30, down nearly 60 percent from C$354 million in the same period last year on sales that slid....

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