Teck Resources
Anglo American agrees to buy Teck in deal reshaping mining
The deal gives Anglo access to Teck’s much-coveted portfolio of copper mines
Canada approves Glencore takeover of Teck coal unit, with conditions
THE Canadian government has approved Glencore’s US$6.93 billion acquisition of miner Teck Resources’ steelmaking coal unit with strict conditions to preserve jobs, the country’s industry minister said...
Canada to ‘carefully’ review Glencore deal for Teck’s coal
CANADA will seek to ensure job protection and uphold environmental standards in reviewing a Glencore-led acquisition of Teck Resources’ coal business, said Canadian Finance Minister Chrystia Freeland.
Glencore to buy 77% of Teck coal business for US$6.93 billion
Glencore agreed to buy a majority stake in Teck Resources’ coal business for US$6.93 billion, ending a months-long saga and setting the stage for the commodity giant to spin off its own coal unit.
Teck Resources profit misses estimates as Glencore circles
CANADIAN miner Teck Resources, the target of an unsolicited takeover bid by Glencore, narrowly missed first-quarter estimates on Wednesday (Apr 26), hit by lower prices, weak copper and zinc sales and...
Glencore expects another bumper year of commodity trading
MINING company Glencore, which is in the middle of a fight to buy Canadian rival Teck Resources, said it is on course for yet another bumper year of trading commodities.
Norway sovereign fund backs Teck Resources in battle with Glencore
Norway’s sovereign wealth fund, one of the world’s largest investors, said on Friday (Apr 21) it will support a plan by Canadian miner Teck Resources to spin off its metallurgical coal business and fo...
Sumitomo Metal Mining supports Teck’s coal spinoff
Sumitomo Metal Mining said it will back Teck Resources in its planned spinoff of coal assets, confirming its earlier support in the face of an alternative takeover proposal from Glencore.
Glencore raises pressure on Teck Resources with promise of higher bid
Glencore has told Teck Resources shareholders it is willing to improve its US$22.5 billion takeover offer, raising the pressure on the Canadian miner to ditch a restructuring plan and sit down at the ...
Teck’s controlling shareholder open to deals after planned split
Teck Resources’ controlling shareholder has given his clearest indication yet that the company will be up for sale, but only if investors throw their support behind a plan to split the Canadian miner ...
