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The copper market has surged in recent weeks, with producers and miners posting double-digit gains as investors position for infrastructure spending and energy transition demand.
Teck Resources (TECK) upgraded from Hold to Strong Buy, driven by surging copper prices and the transformative Anglo American merger. TECK's operating cost issues are addressed by $800 million annual synergies and scale from the Anglo Teck merger, creating a top-five global copper producer. Record copper prices, structural supply deficits, and AI/data center demand position TECK for outsized fr...
Anglo American PLC (LSE:AAL) and Teck Resources Ltd (USA) (TSX:TCK) have received approval from Canadian government for their proposed merger, clearing a key regulatory hurdle for the creation of Anglo Teck. The approval includes binding commitments from the company to invest at least C$4.5 billion in Canada within five years, supporting projects such as the Highland Valley Copper mine extensio...
VANCOUVER, British Columbia, Dec. 12, 2025 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today that Teck has obtained a final order from the Supreme Court of British Columbia approving the previously-announced plan of arrangement under section 192 of the Canada Business Corporations Act, involving, among other things, the merger of equals of ...
Merger of Equals with Anglo American plc approved by both classes of Teck shareholders VANCOUVER, British Columbia, Dec. 09, 2025 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today the voting results from its Special Meeting of Shareholders held on Tuesday, December 9, 2025 (the “Meeting”). Teck shareholders overwhelmingly voted to approve t...
London-listed miner Anglo American said on Tuesday that its shareholders have approved its merger with Canada's Teck Resources , paving the way for the creation of a copper heavyweight within the mining sector.
Independent proxy advisory firms Institutional Shareholder Services (ISS) and Glass Lewis have recommended that shareholders of Teck Resources Ltd (TSX:TECK.B) vote in favor of the company's proposed merger with Anglo American PLC (LSE:AAL). The recommendations come ahead of Teck's special shareholder meeting scheduled for December 9, 2025, which will see stockholders have their say on the deal.
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