Mar. 30, 2015, 4:33 PM
- Teck Resources (NYSE:TCK) -7.3% AH after saying it is not in any type of deal discussions with Antofagasta (OTC:ANFGF), and there are no other corporate developments that justify any significant movement in its share price.
- TCK was responding to earlier reports that the two companies were exploring a potential merger that would create one of the world's largest copper miners.
Antofagasta plc owns and operates copper mines in Chile and conducts exploration activities in Chile and Peru. The group also operates a rail network servicing the mining region of northern Chile, as well as operates a concession for the distribution of water in this region.
Sector: Industrial Goods
Industry: Industrial Metals & Minerals
Country: United Kingdom