Browsing Tag
Collahuasi
7 posts
China copper supply condition puts Anglo Teck merger at centre of concentrate squeeze
China is reportedly seeking copper concentrate supply commitments before approving the Anglo American and Teck Resources merger. The demand would connect a $54 billion transaction involving only about 5% of global copper supply to a much bigger problem: China’s enormous smelting industry is running short of mine feed.
Could Codelco cut jobs? New CEO Jorge Gómez prepares turnaround after production slump
Codelco is preparing a major restructuring under new Chief Executive Officer Jorge Gómez as lower copper production and rising costs overshadow stronger earnings from record metal prices, putting its large employee and contractor base under closer scrutiny.
Glencore (LSE: GLEN) earnings jump 86% as trading windfall funds $1.5bn shareholder return
Glencore plc has beaten first-half forecasts as commodity volatility lifted trading and mining earnings. A planned Australian listing now links its copper strategy, capital returns and unresolved merger ambitions.
Why Teck Resources’ copper boom strengthens the case for the Anglo Teck merger
Teck Resources profit surged as copper prices and output rose. See how Quebrada Blanca, cash flow and the Anglo merger could shape $TECK.
Can Anglo American (LSE: AAL) recover before its copper catalysts?
Anglo American is building a copper giant while its shares retreat. The real question is whether the Teck merger is already priced into LSE: AAL.
Anglo American agrees $3.9bn Australian coking coal sale to Dhilmar, completing steelmaking coal exit before Teck merger closes
Anglo American just sold its best non-copper asset for $3.88 billion. The buyer is barely 18 months old. The Teck merger countdown explains why.
Anglo American (LSE: AAL) closes 3.9% higher as copper hits record on China acid ban
Iran war disrupted sulphur. China halted acid exports. Chile's copper output is squeezed. Anglo American shareholders are watching the whole chain unfold.