opinion

Anglo American's El Soldado copper mine in Chile in 2024. Under the all-share, no-premium takeover proposal, Anglo’s chief executive will become CEO of the merged business.

As late as the start of this year, Norman B. Keevil, the chairman emeritus of Teck Resources TECK-B-T and the Vancouver company’s controlling shareholder, seemed to be jealously guarding the company’s independence. Teck was a homegrown Canadian champion and the last diversified miner of any size left in the country; most of the rest had been bought by rapacious foreign takeover artists and hollowed out. Plus Teck was reinventing itself as a potentially high-value critical metals player, with a focus on copper from its massive Quebrada Blanca (QB) mine in the Chilean Andes.

His message: Give us time; we are

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