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Commodities Briefing - Categorized | Oil, Price Watch more

Teck CEO sees commodities continuing to rise despite oil costs

Posted on 09 March 2011

From Dow Jones: The rising cost of oil may threaten world growth prospects and the demand for industrial commodities in the short term, but over the long term commodity prices will continue to rise, Teck Resources Ltd. (TCK) Chief Executive Don Lindsay said Tuesday.
“We may have a period of weakness in the market, but the long-term [upward] trend is intact,” Lindsay said in an interview on the sidelines of the Prospectors & Developers Association of Canada conference in Toronto……………………………………….Full Article: Source


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