May 2, 2024

BHP CEO flies to South Africa to push $39 billion takeover

BHP’s team aims to engage with President Cyril Ramaphosa’s administration among other key stakeholders, Bloomberg sources say.

May 2, 2024

Albemarle profit just misses estimates on weak lithium prices

Lithium prices had fallen by more than 80% in the year up to March, according to a basket tracked by Benchmark Mineral Intelligence.

May 1, 2024

Vale to announce new CEO by December 3

The company said in a securities filing the new CEO would assume office on Jan. 1.

May 1, 2024

Glencore takes 15.4% Stillwater Critical Minerals stake

Miner now owns stake of the Montana platinum group metals developer and its eponymous project next to Sibanye-Stillwater’s.

May 1, 2024

Pan American sells La Arena gold project in Peru to Zijin for $295 million

Zijin will grant Pan American a life-of-mine gold net smelter return royalty of 1.5%.

May 1, 2024

Barrick CEO ‘can’t see any reason’ for in-person annual meetings

Last year's in-person meeting included a heated exchange between CEO Mark Bristow and an activist protesting the Reko Diq copper project.

May 1, 2024

How BHP’s CEO prepared for the Anglo American offer

Looking back, Mike Henry was 'almost walking the board, the company, and the investors up the ladder, back to big acquisitions,' an investor told the Financial Times.

May 1, 2024

Anglo American copper assets worth $35 billion — report

The estimation, by financial research firm CreditSights, is only $4 billion lower than BHP’s offer for the whole company.

May 1, 2024

Anglo American takeover price needs to surpass £30/share, survey shows

Anglo American shares are trading 8.8% above the value of BHP’s rebuffed takeover proposal.

May 1, 2024

Barrick CEO says not interested in bidding for Anglo American

Barrick is in talks to raise at least $2 billion for the first phase of its Reko Diq copper project in Pakistan.