Teck's average realized sale price for Q2 2016 was US$83 per tonne, up from US$75 per tonne in the previous quarter. The Q3 benchmark settlement price is above US$90 per tonne, so the recovery could be picking up steam.
Teck's average realized sale price for the quarter was US$83 per tonne, up from US$75 per tonne in the first quarter, and the rebound appears to be gaining steam with the Q3 benchmark settlement price now at US$92.50 per tonne.
From its lows of $5 a share in January to its current price of over $20 a share, Teck Resources Ltd. (TSX:TCK.B)(NYSE:TCK) investors have been rewarded handsomely with a 400% return in a matter of months.
The ruling filed earlier this month by U.S. District Court Judge Lonny Suko orders the company to cover the legal and investigation costs that the Confederated Tribes of the Colville Reservation have spent trying to prove that Teck contaminated their ...