Anglo American will merge with copper mining giant Teck to become Anglo-Teck - Nadine Hutton/Bloomberg Mining giant Anglo American is to cut hundreds of jobs in London and reduce its UK tax contributions after striking a $53bn (£39bn) merger deal with Canadian rival Teck Resources. Anglo, which co-owns De Beers diamonds and a potash mine in North Yorkshire, said on Tuesday that it would combine with Teck to create a copper mining-based giant known as Anglo Teck. As part of the deal, the company will qui ...