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Greek Tanker Struck by Missile in Black Sea, Crew Emerges Unharmed

  A Greek‑flagged tanker sailing near the Russian port of Novorossiysk was struck by a missile but remained operational, and all 24 crew members were confirmed safe.   A Greek‑owned and Greek‑flagged tanker sustained material damage after being hit by a missile while sailing approximately 14 nautical miles off the Russian port of Novorossiysk in the Black Sea. According to authorities, the vessel—operated by Maran Gas Maritime—was not carrying cargo at the time of the strike and continued to navigate safely following the incident.  All 24 crew members on board, including ten Greek nationals, thirteen Filipinos, and one Romanian, were reported to be in good health. The impact caused damage to the starboard side of the ship, but no assistance or towing was required. The tanker remained fully operational, and no environmental pollution was reported.  Greek officials have condemned the attack as dangerous and unacceptable, noting that the incident occurred amid height...
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Anglo-Teck Merger Approved: Promise and Peril for Canada’s Mining Sector

 

Federal Industry Minister Mélanie Joly has approved a merger between Teck Resources Ltd. and Anglo American PLC. 


Canada’s federal government has officially approved the $53 billion merger between Teck Resources Ltd. and Anglo American PLC, creating one of the world’s largest copper producers. Industry Minister Mélanie Joly hailed the deal as a “significant win” for Canada, emphasizing legally binding commitments that include relocating the new company’s headquarters to Vancouver and investing at least C$4.5 billion over five years, rising to C$10 billion over 15 years.

The newly formed entity, Anglo-Teck, is expected to become a global heavyweight in copper production, a critical mineral for electrification and clean energy technologies. Shareholders from both companies overwhelmingly supported the merger, which was fast-tracked under the Investment Canada Act, signaling Ottawa’s shift toward a more pro-business stance in the mining sector.

Yet, despite Joly’s optimism, concerns linger. Analysts warn that Canada’s mining future could be increasingly shaped by foreign ownership, raising questions about sovereignty over critical minerals. While the headquarters move to Vancouver is seen as a symbolic victory, the company’s primary listing will remain in London, underscoring the delicate balance between domestic control and global capital.

Critics also point to the rapid approval process, completed in just three months, as evidence of Ottawa prioritizing investment attraction over thorough scrutiny. This has sparked debate about whether Canada is lowering its guard in the face of mounting U.S. tariffs and global competition for resources.

For now, Anglo-Teck represents both an opportunity and a risk: a chance to anchor Canada as a hub for critical minerals, but also a reminder of the challenges in safeguarding long-term national interests in a sector vital to the country’s economic and environmental future.


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