MiningWatch report question's Swiss mining giant's track record

Nelson Bennett, Business in Vancouver

Canadian and British mining watchdogs are criticizing the Trudeau government’s approval of the sale of B.C. steel-making coal mines to Glencore Plc, saying it’s a bad deal for Canada.

On July 4, Canada’s Minister of Innovation, Science and Economic Development, François-Philippe Champagne, approved the sale of 77 per cent of the B.C. metallurgical coal mines (Elk Valley Resources) owned by Teck Resources (TSX:TECK.B,NYSE:TECK) in the southeastern Kootenays to Glencore plc for $9.5 billion. The sale closed July 11.

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