(EnergyAsia, August 1 2013, Thursday) — Canadian miner Teck Resources Ltd said it is slowing the development of its Quintette coal mine in British Columbia province until prices for the commodity recover. (US$1=C$1.03). Owing to the continued weak outlook for metallurgical coal prices that contributed to a 50.5% plunge in second quarter earnings, the Vancouver-based…
CANADA: Teck delays BC coal project as prices stay weak, 2Q earnings drop 50%
Posted on August 1, 2013 by EnergyAsia