The Investment Reporter, in its Nov. 14, 2014, issue, refreshes its buy of Teck Resources Inc., recently $17.09. The Reporter said buy 26 times from March 3, 1995, to Nov. 7, 2014, at prices ranging from $9 to $85.30 (the stock split 2 for 1 on May 3, 2007). A $1,000 investment for each of the 26 buys would now be worth $34,265. The diversified miner earned an adjusted $336-million or 58 cents a share in the first nine months of 2014, down sharply from $777-million or $1.34 a share last year. Revenue from coal and copper fell by over 20 per cent and 7.7 per cent, respectively, on weak commodity prices. Zinc revenue climbed 10.4 per cent. Teck's cost-cutting program is doing better than expected, having resulted in yearly cost savings of $590-million. Cautiously optimistic, CEO Donald Lindsey says long-term fundamentals for Teck's commodities are favourable, but weakness in these markets may persist for some time. Teck expects to earn 85 cents a share in 2014, down by over half from $1.72 a share last year. Earnings are set to partly recover to $1.44 a share in 2015. This exceeds Teck's dividend of 90 cents a share, which carries a high yield of 5.3 per cent. Teck remains a buy.