U.S.-listed shares of Teck Resources (TECK) jumped nearly 24% in extended trading on Monday after reports said that Anglo American was nearing a deal to buy the copper miner. According to a Bloomberg ...
(Reuters) - London-listed Anglo American and Canada's Teck Resources will merge in a $53 billion deal, the companies said on Tuesday, the biggest mining tie-up in more than a decade. The new company, ...
SANTIAGO (Reuters) -The proposed Anglo American-Teck merger has revived long-standing ambitions to share infrastructure at two major mines in northern Chile, but analysts say the plan could face ...
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 ...
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 ...
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 ...
Anglo American’s (OTC:NGLOY) planned merger with Teck Resources (NYSE:TECK) would create a combined company with a pro forma market capitalisation of about $56 billion and targeted annual pre-tax ...
Anglo American AAL-2.80%decrease; red down pointing triangle and Teck Resources TECK.B 3.51%increase; green up pointing triangle agreed to a merger that will create one of the world’s largest copper ...
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 ...
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 ...
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 ...