Teck, Antofagasta deny merger

Bloomberg Business March 30 reported rumors that Teck Resources Ltd. and Antofagasta Plc are exploring a merger that would create one of the world's largest copper producers.

Attributing the sources of its report to people wishing not to be identified for divulging private information, Bloomberg said any agreement between the two miners hinges on families that control each company.

The Luksic fami...