OTTAWA (dpa-AFX) - Teck Resources Limited (TCK, TCK_A.TO) said it has agreed
to acquire all of the issued and outstanding common shares of AQM Copper Inc.
(AQM.V) that it does not already own, by way of a statutory plan of arrangement.
Goldman Sachs has boosted its price forecast for coking coal and copper and upgraded Teck Resources Ltd (USA) (NYSE: TCK) from Neutral to Buy. According to analyst Andreq Quail, the huge surge in coal prices has forced Goldman’s hand.
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