The deal, billed as a merger of equals, comes amid a surge in demand for copper, a crucial component in technology, from data centers to electric vehicles. By Michael J. de la Merced Reporting from ...
Two years ago, when Glencore Plc proposed an unsolicited, $23 billion takeover of Teck Resources Ltd., the Canadian miner’s founder decisively rejected the idea. “Now is not the time,” Norman Keevil ...
Something had to change at Anglo American. In the last three years its stock had almost halved, fellow mining giant BHP unsuccessfully attempted to buy it for $49 billion in 2024 and around the same ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Canadian miner Teck Resources on Wednesday abandoned a shareholder resolution to split the company just hours ...
Teck Resources (NYSE:TECK) +2.7% in Wednesday's trading after announcing plans to defer sanctioning major growth projects until its flagship Quebrada Blanca copper operation in Chile achieves ...
Teck Resources (NYSE:TECK) +23.9% post-market Monday after the Financial Times reported Anglo American (OTCQX:AAUKF) (OTCQX:NGLOY) is nearing a deal to acquire the Canadian miner for ~$20B, with an ...
London-listed mining giant Anglo American has agreed a deal to merge with Canadian rival Teck Resources to create one of the world’s largest copper producers with a combined value of close to £40 ...
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