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Anglo American agrees deal for Canada’s Teck Resources

London-listed mining giant Anglo American has agreed a deal to merge with Canadian rival Teck Resources to create one of the world’s largest copper producers with a combined value of close to £40 billion. The deal will see Anglo American move its ...

09 Sept 2025 at 14:29

City

Anglo American slashes value of De Beers diamond business by another £1.7bn

Mining giant Anglo American has written down the value of its troubled De Beers diamond business by another 2.3 billion US dollars (£1.7 billion) amid a slump in demand for the precious gems. The FTSE 100 firm reported net losses of 3.7 billion ...

20 Feb 2026 at 09:25

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