The Canadian government will contribute as much as C$400 million ($282 million) to Teck Resources Ltd.’s plans to boost output at a key metals refinery, creating a deal that could ensure the country receives a portion of future germanium, antimony and gallium supply.
The Canadian government will contribute as much as C$400 million ($282 million) to Teck Resources Ltd.’s plans to boost output at a key metals refinery, creating a deal that could ensure the country receives a portion of future germanium, antimony and gallium supply.
Trail zinc-and-lead smelter in British Columbia, Canada. Photographer: Udo Weitz/Bloomberg
Canada’s Teck Resources Ltd. warned of higher fuel costs for its key Chilean copper mines as the war in the Middle East chokes supply chains, even as higher commodity prices buoyed the company’s earnings in the first quarter.
Canada’s Teck Resources Ltd. warned of higher fuel costs for its key Chilean copper mines as the war in the Middle East chokes supply chains, even as higher commodity prices buoyed the company’s earnings in the first quarter.
Prime Minister Mark Carney is turning to some of Canada’s most prominent business executives, including Bank of Montreal’s Darryl White, to give him advice on how to handle Canada’s economic relationship with the US.
Prime Minister Mark Carney is turning to some of Canada’s most prominent business executives, including Bank of Montreal’s Darryl White, to give him advice on how to handle Canada’s economic relationship with the US.
Mark Carney Photographer: Kamara Morozuk/Bloomberg
Teck Resources Ltd. — the Canadian miner being acquired by Anglo American Plc — reported a jump in earnings aided by higher copper prices, while reaffirming output guidance including at the Quebrada Blanca mine.
Teck Resources Ltd. — the Canadian miner being acquired by Anglo American Plc — reported a jump in earnings aided by higher copper prices, while reaffirming output guidance including at the Quebrada Blanca mine.
One kilogram copper bars. Photographer: Dhiraj Singh/Bloomberg
The Canadian government has approved Anglo American Plc’s acquisition of Teck Resources Ltd., helping to clear the way for the creation of a $50 billion metals giant focused on copper mines in Chile and Peru.
The Canadian government has approved Anglo American Plc’s acquisition of Teck Resources Ltd., helping to clear the way for the creation of a $50 billion metals giant focused on copper mines in Chile and Peru.
Anglo American Plc and Teck Resources Ltd. shareholders voted in favor of the two companies combining, clearing a key step toward the creation of a $50 billion metals producer focused on copper mines in Chile and Peru.
Anglo American Plc and Teck Resources Ltd. shareholders voted in favor of the two companies combining, clearing a key step toward the creation of a $50 billion metals producer focused on copper mines in Chile and Peru.
The Teck Resources Ltd. Quebrada Blanca copper mine facilities in the Tarapaca Region of northern Chile.
Glencore Plc said it would seek to keep an equal share of its copper joint venture with Anglo American Plc in Chile should it merge with a neighboring mine owned by Teck Resources Ltd. after the two rivals combine operations.
Glencore Plc said it would seek to keep an equal share of its copper joint venture with Anglo American Plc in Chile should it merge with a neighboring mine owned by Teck Resources Ltd. after the two rivals combine operations.
EDITOR'S NOTE: EDITORIAL USE ONLY. NO SALES. NO ARCHIVING. The Teck Resources Ltd. Quebrada Blanca copper mine facilities in the Tarapaca Region of northern Chile
Last Thursday night, the world’s biggest miner made a brazen attempt to gatecrash one of the industry’s biggest-ever deals. Yet just three days later, the bid was already dead.
Last Thursday night, the world’s biggest miner made a brazen attempt to gatecrash one of the industry’s biggest-ever deals. Yet just three days later, the bid was already dead.
Haul trucks transport ore and waste materials at the Freeport-McMoRan open-pit copper mining complex in Morenci, Arizona, US, on Thursday, Sept. 19, 2024. Freeport-McMoRan, Rio Tinto and BHP are among the miners testing sulfide leaching as tariff threats send copper prices soaring. Photographer: Rebecca Noble/Bloomberg
Until now, the mining giant had been insisting its own operations would give it the heft it needed.
A Gigantic Komatsu 930 truck arrives at the Los Bronces copper mine of the Anglo American Coorporation, 60 Km from Santiago, on December 27, 2011. Chilean state mining firm Codelco said on January 2, 2012 it was exercising its option to buy a 49 percent stake in a copper mining venture held by Anglo American in the latest twist of a long legal battle. Less than two weeks after the London-based firm filed a breach of contract suit against Codelco, the Chilean group -- the world's top copper producer -- said it had filed documents with market regulators to exercise the purchase option based on a 1978 contract between the two firms. AFP PHOTO/ARIEL MARINKOVIC (Photo by ARIEL MARINKOVIC / AFP) (Photo by ARIEL MARINKOVIC/AFP via Getty Images) Photographer: ARIEL MARINKOVIC/AFP
BHP Group has walked away from a fresh takeover approach for Anglo American Plc, ending an unexpected and short-lived attempt by the world’s largest miner to thwart a planned tie-up between its smaller rival and Canada’s Teck Resources Ltd.
BHP Group has walked away from a fresh takeover approach for Anglo American Plc, ending an unexpected and short-lived attempt by the world’s largest miner to thwart a planned tie-up between its smaller rival and Canada’s Teck Resources Ltd.
Shareholder advisory firm Glass, Lewis & Co. recommended that investors of Teck Resources Ltd. and Anglo American Plc vote in favor of a deal to combine the mining companies.
Shareholder advisory firm Glass, Lewis & Co. recommended that investors of Teck Resources Ltd. and Anglo American Plc vote in favor of a deal to combine the mining companies.
Attendees ride escalators past Teck Resources Ltd. signage during the Prospectors & Developers Association of Canada (PDAC) conference in Toronto, Ontario, Canada, on Monday, March 2, 2020. While other big conferences have been canceled, including the CERAWEEK summit in Houston which was due to start on March 9, miners declared last week that the show would go on despite the coronavirus -- with vigorous sanitation protocols in place.
Canada is putting pressure on Anglo American Plc to make stronger commitments to executive and management jobs at its proposed Vancouver headquarters as a condition of taking over Teck Resources Ltd., according to people familiar with the matter.
Canada is putting pressure on Anglo American Plc to make stronger commitments to executive and management jobs at its proposed Vancouver headquarters as a condition of taking over Teck Resources Ltd., according to people familiar with the matter.
The current Anglo American Plc headquarters in London.
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