Teck Falls After Earnings Miss as Costs Rise at Chilean Project
Attendees pass Teck Resources signage during the Prospectors & Developers Association of Canada conference in Toronto on March 2.
Photographer: Cole Burston/BloombergThis article is for subscribers only.
Teck Resources Ltd., Canada’s largest diversified miner, fell after adjusted earnings missed estimates amid rising costs at a key construction project in Chile.
Teck dropped 5.3% to C$16.67 as of 10:21 a.m. in Toronto after earlier sinking to its lowest in six weeks.