MINING NEWS: Teck Cominco delivers despite setbacks
Higher lead prices, diverse assets buoy Canadian producer amid reverses at Red Dog, Highland Valley, Jericho and Galore Creek
For Mining News
Hammered by several significant reverses in the fourth quarter of 2007, Teck Cominco Ltd. managed to still turn a substantial profit and deliver $1.6 billion in full-year earnings.
Earnings plummeted to C$280 million, or 64 cents (Canadian) per share, in the fourth quarter, down nearly four-fold fr....
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Disappointments at Red Dog
Improvements at Pogo
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