Last updated: 2025-11-30 21:02:52 ET
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Ottawa will review the proposed $53B merger under the Investment Canada Act, Industry Minister Melanie Joly said.
The copper mine in southern Peru is expected to produce between 310,000 and 340,000 tonnes of copper this year.
BHP made one last-gasp attempt to seduce Anglo but it looks like they have now accepted defeat.
The world’s largest miner withdrew its latest offer Monday, but said it still sees strategic merit in a tie-up with Anglo.
BHP's approach comes just less than three weeks before shareholders of Anglo and Teck are scheduled to vote on the $53 billion merger deal.
Mining company BHP has made a renewed takeover approach to rival Anglo American, a source familiar with the matter told Reuters on Sunday.
