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Teck buy-in rumour has Fortescue shares jumping 5%

Andrew Topf | February 14, 2012 | 12:10 am Base Metals Energy Australia Canada Europe Coal Copper Iron Ore Zinc 

Fortescue Metals was up 5% Monday on rumours that Canadian coal and copper/zinc miner Teck Resources is making a play for the third-largest iron ore producer in Australia. But analysts quoted in The Globe and Mail doubt Teck has the resources...

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