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

Near record high LME prices a magnet for Chinese copper exports

China's copper producers are planning to export up to 100,000 metric tons of metal, the largest volume in 12 years.

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.

May 1, 2024

Ecuador court puts nail in $3bn copper project’s coffin

Licence has not been revoked, which leaves a chance for the Llurimagua project to become Ecuador’s next big copper mine.

April 30, 2024

Vale concludes sale of 10% of base metals unit to Manara Minerals

Manara is a joint venture between Ma'aden and Saudi Arabia's Public Investment Fund.

April 30, 2024

Anglo under pressure to reveal plans to fend off BHP as Elliott hikes stake

UBS, the adviser for BHP, has begun scheduling meetings with fund managers this week to fine-tune a revised proposal for Anglo.

April 30, 2024

As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets

BHP Group can't cherry-pick Anglo American assets without paying a hefty premium, Anglo investors told Reuters.

April 30, 2024

Greatland Gold may buy Havieron back from Newmont

Greatland considers itself “strongly positioned” should there be an opportunity to consolidate ownership of Havieron.

April 30, 2024

Copper smelters in China wary of BHP-Anglo tie-up

"This is not good news for China given the heavy reliance on external supply, and Chinese companies hold limited resources," one analyst said.