Pierre Lassonde, the wealthy gold mogul turned ally of Teck Resources Limited (NYSE: TECK) controlling shareholder Norman Keevil, plans to purchase a blocking position in Teck’s spin-off coal business to ensure it remains in Canadian hands. Lassonde’s plan is philosophically similar to Keevil’s, who rejected this past week’s request by Glencore of Switzerland, one of the world’s largest commodities corporations, to merge with the Vancouver-based miner in a $23 billion all-share deal. Keevil, a Canadian resources nationalist who has criticized the hollowing out of Canada’s … Continue reading Pierre Lassonde Plans To Acquire Up To 20% Stake In Teck Resources Spinout To Keep It In Canada