Teck Cominco profit rises on copper, coal prices

Wed Jul 23, 2008 6:06pm EDT
 
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TORONTO, July 23 (Reuters) - Teck Cominco (TCKb.TO) said on Wednesday its second-quarter profit rose 2.5 percent, as stronger copper and coal prices made up for a sharp drop in zinc prices.

The Canadian diversified miner earned a net C$497 million ($492 million) in the quarter, up from C$485 million. On a continuing operations basis, earnings per share climbed to C$1.14 from C$1.13.

($1=$1.01 Canadian) (Reporting by Cameron French; editing by Rob Wilson)

 
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