Actualités

Teck Resources (TSX:TECK.B) has launched consent solicitations to amend covenants and events of default on several outstanding notes in connection with a potential merger with Anglo American. The company aims to align the terms of these notes with Anglo American's existing debt structure as part of broader transaction planning. The proposed changes could affect bondholder protections and reporting requirements if the merger proceeds. This kind of balance sheet reshaping around a potential...

Copper mining giant Freeport-McMoRan handily beat Q2 earnings forecasts but slightly trimmed its outlook for copper sales this year, with a significant shortfall in Q3. Still, the copper price fell as the U.

The sale will complete Anglo American’s exit from steelmaking coal and is part of a drive to simplify its portfolio ahead of a merger with Teck Resources.

The FTSE 100 commodities giant said it will sell the operations to fellow UK-based miner Dhilmar.