Teck finds a partner for QB2 mine

TECK RESOURCES LTD. $33 (Toronto symbol TECK.B; Conservative Growth Portfolio, Resources sector; Shares outstanding: 574.9 million; Market cap: $19.0 billion; Price-to sales ratio: 1.5; Dividend yield: 0.6%; TSINetwork Rating: Extra Risk; www.teck.com) is a leading producer of metallurgical coal, a key ingredient in steelmaking. It also produces… Read More

Teck’s 2019 outlook is bright

TECK RESOURCES LTD. $30 (Toronto symbol TECK.B; Conservative Growth Portfolio, Resources sector; Shares outstanding: 573.6 million; Market cap: $17.2 billion; Price-to sales ratio: 1.4; Dividend yield: 0.7%; TSINetwork Rating: Extra Risk; www.teck.com) is a leading producer of metallurgical coal, copper and zinc.
Teck’s new growth projects should fuel… Read More

Copper slows with China

GLOBAL X COPPER MINERS ETF $20.03 (New York symbol COPX; buy or sell through brokers; www.globalxfunds.com) aims to track the Solactive Global Copper Miners Index, which includes 30 global mining and exploration firms. The ETF started up in April 2010.
Canadian firms make up 31.9% of the fund’s… Read More