Market Reports
Teck Resources Ltd maintains commitment to dividend as yield reaches 7%
Teck Resources Ltd. maintains it has no plans to cut its $510-million dividend, even as investors send its yield to sky-high levels. The Vancouver-based miner’s stock has been in freefall recently, dropping 36% in the past three weeks amid...
Market Reports
World’s Biggest Miner BHP Shifting Focus to Copper From Iron Ore
The world’s largest mining company BHP Billiton Ltd. (BHP) said it’s shifting the focus of investments in new projects to copper from iron ore to meet demand from China, its biggest customer. “As we go forward, we’re likely...
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