Teck posts record revenues in third quarter, coal helps lead the way

摘要

Teck Resources posted net earnings of C$609 million in the quarter ended September 30,2009. "Our major operations continue to perform well and produced record revenues of C$2.1 billion in the third quarter despite coal and zinc prices that were less than 50 percent of previous highs," Don Lindsay, president and CEO said. "Our total debt has now been reduced to C$5 billion since we completed the Fording transaction in October 2008. We expect further reductions of C$1.1 billion upon the completion of previously announced asset sales expected this year and in early 2010."