Teck Resources beats profit estimates on energy business

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Teck Resources beats profit estimates on energy business
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Canadian miner Teck Resources Ltd, the world's second-biggest exporter of s...

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FILE PHOTO: Teck Resources sign is on display during the company's annual general meeting in Vancouver, British Columbia, Canada, April 22, 2010. REUTERS/Lyle Stafford

The miner said even though commodity prices were lower than a year ago, prices rose during the first quarter and closed higher than prices at Dec. 31, 2018. Fort Hills, which achieved commercial production last June, has performed well during start-up and commissioning and there is further potential to de-bottleneck and expand production capacity, the company said.

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