Articles for tag: Anglo America, Teck Resources

October 22, 2025

Bay St Signal Editors

Blind Eye Claims Cloud Anglo Teck Merger

Anglo American’s past failure to police De Beers at Ontario’s Victor diamond mine now threatens its US$70 billion “merger of equals” with Teck. Indigenous advocate Charles Hookimaw warns Ottawa that the company’s record shows promises can slide once regulators approve deals, directly challenging Anglo American’s pledge to honour every Canadian community agreement in its pitch to form Anglo Teck press release, 8 Sept 2025. Proving Commitments Matters Hookimaw, who managed lands and resources for Attawapiskat during the Victor mine’s life, outlined his objections in an early-October letter that Industry Minister Mélanie Joly must review before ruling on the merger’s “net

October 17, 2025

Bay St Signal Editors

With Industries  Moving Away, is Mining Next? The Teck and Anglo Test for Canada

This week, Ottawa threatened legal action after Stellantis said it would move it’s Jeep Compass assembly plant to Illinois. Stallantis made the move while outlining a 13 billion US dollar expansion in the United States. When incentives and politics shift, companies move first and argue about contracts after. With that lens, the Teck and Anglo deal looks like Canada may be trading leverage for scale, a trade that might only work for the country AND shareholders if safeguards are specific and enforceable. The share split, the trust blocks inside Anglo, and the asymmetric voting thresholds all tilt influence toward London.