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Teck Resources says it will stay Canadian despite $70B U.K. merger

Vancouver-based Teck Resources says it will remain Canadian, even as it plans to merge with British multinational Anglo American in a $70-billion deal that would create a new company called Anglo Teck. “Without a doubt, you know, this is absolutely going to be a Canadian company,” Teck CEO Jonathan Price told The Canadian Press Tuesday. “We …

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Vancouver mining firm Teck Resources agrees to merge with Anglo American

Vancouver-based mining company Teck Resources has agreed to merge with British mining multinational Anglo American in one of the sector’s largest-ever acquisitions. The companies said Tuesday the “merger of equals” will create a company called Anglo Teck, a global critical minerals champion and one of the world’s largest producers of copper. The merged …

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