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Teck Resources reports Q3 profit beat on higher copper production

By Thomson Reuters Oct 23, 2024 | 11:58 PM

(Reuters) – Canadian miner Teck Resources beat third-quarter profit estimates on Thursday, helped by higher production of copper at its Quebrada Blanca (QB) mine.

The company reported an adjusted profit of C$0.60 per share for the quarter ended Sept. 30, compared with analysts’ average estimate of C$0.37 per share, according to LSEG data.

(Reporting by Mrinalika Roy and Surbhi Misra in Bengaluru; Editing by Rashmi Aich)