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Canada's Teck hit by 14% costs spike, copper price

Rampant inflation and lower copper prices pushed Canadian leading miner Teck Resources to a third quarter pre-tax loss of C$76 million from a year earlier profit of C$1.35 billion.

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Teck Resources hit by diesel costs

The firm also warned of lower than expected copper production at its flagship Quebrada Blanca Phase 2 (QB2) copper development in northern Chile and higher capital expenditure.