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Teck takes punishment for Canadian crude gamble

Canada’s largest diversified miner Teck Resources has reported disappointing December-quarter profit as weaker crude oil and base metals prices dented the Vancouver company’s financial performance.

Teck takes punishment for Canadian crude gamble Teck takes punishment for Canadian crude gamble Teck takes punishment for Canadian crude gamble Teck takes punishment for Canadian crude gamble Teck takes punishment for Canadian crude gamble

Teck Resources took a in the markets on a big loss for its energy segment, buoyed by the Fort Hills oilsands operation in Alberta

Teck traded 5.51% or C$1.66 lower in Toronto on Wednesday at $28.49 as it made good on its January warning that it expected earnings to come in "significantly below" market estimates.