Anglo American to merge with rival Teck in $53bn mining group

Two of world’s largest copper producers to combine, retaining London listing but raising prospect of job cutsBusiness live – latest updatesThe London-listed miner Anglo American has agreed to merge with its Canadian rival Teck Resources, in a deal that will create a $53bn (£39bn) global copper group but raises the prospects of job cuts.The merger, the biggest mining tie-up in years, would form one of the biggest copper producers in the world, the companies said on Monday. Continue reading...

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