MINING NEWS: Teck Cominco first-quarter profits dip
Lower zinc prices and mill throughput hamper Red Dog’s results; gold output at Pogo climbs despite ongoing production problems
For Mining News
Teck Cominco Ltd. reported a 4.3 percent dip in profits in the first quarter of 2008 due mainly to a higher Canadian dollar and lower coal and zinc prices.
Earnings fell to C$345 million, or C78 cents a share, compared with C$360 million, or C83 cents per share, in the first quarter of 2007.
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Alaska results mixed
Progress at Pogo
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