Teck Resources Limited (NYSE:TCK) reported second quarter profit attributable to shareholders of $756 million, or $1.28 per share. Adjusted quarterly profit was $663 million, or $1.12 per share compared with $347 million, or $0.59 per share, in the second quarter of 2010. Don Lindsay, President and CEO, said, "Our adjusted earnings of $1.12 per share were nearly 90% higher than earnings in the second quarter of 2010 with the increase due mainly to higher prices for coal and copper. We are also pleased with the results of our US$2 billion notes offering, which closed in early July and strengthened our balance sheet. We now have $3.4 billion of cash and short-term investments at the date of this report. Our efforts for the balance of the year will continue to focus on ramping up production at our coal mines and advancing our copper, coal and oil sands development projects."

Teck Resources Limited operates as a diversified mining, mineral processing, and metallurgical company.
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