Teck Resources Limited

Inco drops poison pill plan

With the writing on the wall, Inco (N-T, N-N) has agreed to drop its shareholders’ rights plan effective at the end…






Rio Tinto snaps up 9.9% stake in Northern Dynasty

Vancouver — Rio Tinto (RTP-N) subsidiary Kennecott Canada Exploration is taking a 9.9% interest in Hunter Dickinson group company Northern Dynasty Minerals (NDM-V, NAK-X), which is developing the Peb…





Ryan Walker

Phelps Dodge adds twist to four-way battle

Phoenix, Ariz.-based copper giant Phelps Dodge (Pd-N) has emerged as a white-knight bidder for both Inco (N-T, N-N) and Falconbridge (Fal-T, Fal-N), with the trio unveiling plans for a three-way merge…


A ‘super major’ is born?

The blockbuster, friendly takeover offer by Phelps Dodge for Inco and Falconbridge looks like it has a good chance of succeeding, and if it does, it’ll profoundly shake up mining in Canada, producing…



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