Teck Resources Revenue grew 25%

The Canadian mining company, "Teck Resources Ltd" in the I quarter of 2011 compared to same period in 2010 increased its revenues by 25% to 2.37 billion Canadian dollars, said in concern, according to Reuters. At the same time, market analysts speculated that corporate earnings will not exceed 2.19 billion Canadian dollars net profit of the holding in a given period fell to 461 million Canadian dollars, or 78 cents per share. A year earlier the figure was 896 million Canadian dollars was reported earlier that "Teck Resources Ltd" in the IV quarter of 2010 compared with the same period in 2009 reduced net income by 12% to 361 million Canadian dollars (363 million U.S. dollars) , or 61 cents a share. Revenue Teck Resources, however, grew by 30% to 2.81 billion Canadian dollars against 2.17 billion Canadian dollars a year earlier. Besides, Teck Resources noted that coal sales in the last quarter of last year totaled 6.03 million tons, and in general the results of last year - 23.1 million tons. Teck Resources - one of the world's largest producers of copper, metallurgical coal and zinc. The company has assets in 15 mines in Canada, U.S., Chile and Peru. Ministry of Industry