Copper prices set Teck profit on fire — up 247% in Q1

Teck Resources, Canada’s largest diversified miner, became one of the latest mining companies to see its profit swell thanks copper prices being pushed to all-time highs by vaccine rollouts and climate pledges.

Soaring iron ore prices boost Vale Q1 profit

Brazil’s Vale (NYSE: VALE), the world’s top iron ore producer, has beat first quarter profit estimates, as prices for the steel-making ingredient continue to hit record highs.