2 w. ago Teck Deal With Anglo Faces Indigenous Challenge on Smelter Plan

An Indigenous group in Canada vows to bring political and legal challenges against Teck Resources Ltd.’s merger with Anglo American Plc, unless the companies consult with them over expansion plans for a smelter in southern British Columbia.

Other

2 w. ago Miners may offer 'extravagant' promises to win merger approval, but how long would they last?

The federal government wants the proponents of a blockbuster merger in the mining industry to sweeten the deal for Canada, but academic researchers warn that any promises the companies make may not last forever. Executives with Vancouver’s Teck Resources Ltd. and U.K.-based Anglo American Plc are expected to press their case for their proposed merger […]

Other

2 w. ago Anglo, Teck Need to Prove More Merger Benefits to Canada, Minister Says

Anglo American Plc and Teck Resources Ltd. haven’t done enough yet to show the advantages of their merger to the Canadian economy, said the country’s industry minister, who plans to meet with the companies’ chief executive officers next week.

Politics

2 w. ago Joly says Teck and Anglo haven’t done enough so far to show merger has net benefit

Industry Minister Melanie Joly says Ottawa would want to see longer-term commitments to Canada if Vancouver’s Teck Resources Ltd. is allowed to merge with U.K.-based miner Anglo American PLC. “There have been conversations with the companies, and clearly we wanted to make sure that there would be a net benefit to Canada. But I think […]

Other

2 w. ago Anglo, Codelco Sign $5 Billion Deal to Boost Chile Copper Output

Anglo American Plc and Chile’s state copper company Codelco agreed to definitive terms on jointly developing their adjacent mines near Santiago in a bid to boost production without major investments.

Economics

3 w. ago Teck’s Founder Sought Merger With Anglo Before It Was Too Late

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 Jr. said back then.

Other

3 w. ago Anglo’s Swoop for Teck Leaves Bigger Mining Rivals on Back Foot

Anglo American Plc’s swoop for Teck Resources Ltd. swiftly found rival mining executives jumping on calls with bankers and advisers to find out more about the roughly $60 billion deal — realizing that two of mining’s best prizes had eluded them.

Other

3 w. ago How a Giant Copper Prize Brought Mining’s Two Underdogs Together

For years, it was the most obvious deal in the global mining industry, but one that no one could quite pull off. Then in mid-2024, executives at Teck Resources Ltd. and Anglo American Plc started talking about a tie-up of their two huge — and neighboring — copper mines high up in the Atacama desert.

Other

3 w. ago Proposed $70B Teck, Anglo American merger would see mining giant HQ in Vancouver

The deal would company headquarters of what would be known as Anglo Teck move to Vancouver, as proponents look to sell Canada on the benefits of the deal.

Economics

3 w. ago Anglo Has Put Itself in Play With Teck Offer, Canaccord Says

Anglo American Plc is just as vulnerable to a rival takeover offer as Teck Resources Ltd., after the two announced one of the biggest-ever corporate mining combinations on Tuesday, according to an analyst.

Other

3 w. ago What you need to know about Anglo American’s deal for Teck Resources

Vancouver-based Teck and London-based Anglo American are planning to merge their operations into a combined company called Anglo Teck

Other

3 w. ago Anglo American fusionne avec Teck Resources, donnant naissance à un géant du cuivre

La fusion créant Anglo Teck, valorisée à plus de 50 milliards, est la plus importante depuis des années dans le secteur.

Other

3 w. ago Teck and Anglo American to combine through merger of equals to form a global critical minerals champion

Outstanding value creation through at market merger of equals Anglo Teck is expected to offer more than 70% copper exposure1 and outstanding further growth optionality embedded US$800 million in pre-tax recurring annual synergies from combining both companies Additional US$1.4 billion (100% basis) annual average underlying EBITDA uplift expected from synergies between the adjacent Collahuasi and Quebrada […]

Sport