Teck Cominco to buy Aur for C$4.1 billion
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Teck Cominco (TCKb.TO) said on Tuesday  it would buy Aur Resources  in a friendly cash and  stock offer worth C$4.1 billion ($3.87 billion), boosting the  base metal giant&#39;s copper production.
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Telstra Corp has announced a $750 million off-market share buy-back as part of its capital management program. Telstra expects to return $1.
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Teck Cominco  said on Tuesday it would buy Aur Resources  in a friendly cash and stock offer worth C$4.1 billion ($3.9 billion) that will significantly boost Teck's copper production.
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Alcoa Inc. is part of a three-company consortium that will buy a major natural-gas pipeline in Australia for $1.3 billion. The consortium, which includes Diversified Utility &amp; Energy Trusts (DUET) and Alinta
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Iamgold, a Canadian mining company, said that it would buy Cambior, a rival, for about 1.33 billion Canadian dollars ($1.2 billion) in stock, to create a gold mining operation with more than one million ounces of annual production. The deal will push Iamgold to the top of the midtier gold producers and comes six months after the miner bought Gallery Gold of Australia. ÂWe believe it sets the stage for us to join the senior ranks as we move forward in this company,Â IamgoldÂs chief executive, Joe Conway, left, said.
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Anglo-Australian mining group Rio Tinto says its bid to buy Canada's Alcan for $38.1bn has been approved in the US.
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BHP Billiton&#39;s Australian investors will collect $1.5 billion from a buyback announced by the global miner yesterday. But the move will leave foreigners with a stronger presence on the BHP share register because they can&#39;t participate.
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The four networks have been bought by consortia which include Scottish &amp; Southern Energy and United Utilities. Transco said that it would return about Â£2bn to shareholders following the sale and would increase its dividend for the current year by 20%.
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Telecommunications giant Telstra Corp. on Monday revealed details of a 750 million Australian dollar (US$532 million) share buyback that is part of a three-year plan to increase the value of its stock.
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Shares in Australian flag carrier Qantas have jumped more than four percent amid expectations a takeover consortium is finally ready to formally table a multi-billion dollar offer for the airline.
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Standard Chartered has agreed to buy US$1.5 billion (HK$11.7 billion) worth of loans from Australia and New Zealand Banking Group (ANZ) to beef up its project finance operation.
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BHP Billiton Ltd./Plc. , the worldâs largest diversified miner, said on Tuesday it would buy back up to A$1.5 billion ($1.1 billion) of its shares.
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SAN FRANCISCO (CBS.MW) -- Alcoa, Diversified Utility &amp; Energy Trusts and Alinta have agreed to buy Epic Energy&#39;s Dampier to Bunbury natural gas pipeline in Western Australia for $1.
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LONDON/MUMBAI  - Brazilian steelmaker CSN has agreed to buy Anglo-Dutch rival Corus Group for 4.9 billion pounds ($9.6 billion) in cash, trumping an offer agreed only hours earlier with India's Tata Steel.
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US energy group Tesoro Corporation said it agreed to buy an oil refinery, an energy terminal and 250 gasoline stations in California from Anglo-Dutch Royal Dutch Shell for 1.6 billion dollars.
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BHP Billiton, the world&#39;s biggest miner, will buy back as much as A$1.5 billion ($1.6 billion) of its Australian stock as part of a plan to return profit from soaring commodity prices to investors.
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LONDON (CBS.MW) -- Mexico&#39;s Cemex has agreed to buy Britain&#39;s RMC Group for $4.1 billion in cash. Free! Sign up here to receive our Before the Bell e-Newsletter!