MINING NEWS: Teck Cominco posts profits, possibilities
Canadian mining company enjoys soaring prices, strong results at Red Dog, progress at Pogo; walks away from hostile bid for Inco
By Rose Ragsdale
For Mining News
Flying high on strong commodity prices, Teck Cominco Ltd.’s profits soared to record levels in the second quarter.
Despite the strong results, the Vancouver, B.C.-based mining company decided Aug. 16 not to pursue an outstanding hostile purchase offer for Inco Ltd., the world’s second largest nickel....
[additional news subjects in this story]
Red Dog results unseasonably strong
Commissioning under way at Pogo
Time for other opportunities
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