Kitco NEWS Roundtable

A week of mega deals in mining

Episode Summary

The surprise bid by Glencore for Teck was covered on Kitco Roundtable, which was recorded on Friday. The week started with Glencore making an unsolicited $23 billion bid for Teck, which Teck rebuffed.

Episode Notes

The surprise bid by Glencore for Teck was covered on Kitco Roundtable, recorded on Friday.  

The week started with Glencore making an unsolicited $23 billion bid for Teck, which Teck rebuffed.  

Also this week Pan American Silver, Agnico Eagle wrapped up their $4.8 billion deal to acquire Yamana Gold. Agnico Eagle now owns 100% of Canadian Malartic. The company's production in the Abitibi gold belt is forecast to be approximately 1.9 million ounces to 2.1 million ounces of gold per year through 2025.