The auction of shares in Citgo Petroleum’s parent company would help to pay $1.2 billion awarded to Crystallex as compensation for a gold mine seized more than a decade ago.
Canada’s vow to curb foreign investment in its critical minerals sector will face its first major test with Saudi Arabia’s deal to buy into some of the country’s largest nickel mines.
Anglo reported a more than 40% fall in underlying earnings to $5.1bn, while Teck posted an even sharper drop in Q2 profit of over 50% to C$1.48 billion ($1.1bn).
