May 17, 2024

US lukewarm on G7 Russian diamond ban after industry backlash

Ban aims to curb another revenue stream for Russia.

May 17, 2024

BHP needs to bid about $41 a share for Anglo, JPMorgan says

Anglo American has turned down BHP’s bids twice since April 25, stating the offers continue to considerably undervalue the company.

May 16, 2024

Anglo American freezes hiring amid global shake-up

Anglo's decision affects recruitment of non-site-based permanent employees and contractors, while it works on a company-wide restructuring.

May 15, 2024

BHP shareholders see room for one more sweetened Anglo bid

Shareholders in both companies interviewed by Bloomberg said there was still likely to be some room for a sweetened offer before a May 22 cut-off.

May 15, 2024

Lucapa to sell majority stake in Lesotho diamond mine

The diamond miner is also discussing options for the 30% in the Mothae mine held by the government of Lesotho.

May 14, 2024

Anglo American to sell De Beers, Amplats to fend off BHP’s bid

Anglo plans to focus on copper while spinning out or selling its less profitable diamond, platinum, coal and nickel businesses.

May 11, 2024

Anglo investors tell company to move faster to survive BHP bid

Anglo shareholders have been urging the company to explain how it would create more value than by just selling to the rival.

May 10, 2024

Rio Tinto has not ruled out bid for Anglo American — report

While Rio has a smaller market capitalization than rival BHP, it's large enough to make an all-share offer for some or all of Anglo American.

May 10, 2024

Lucara Diamond records strong quarter at Karowe mine

Key milestones, including the recovery of high-quality diamonds at the Botswana mine and a new long-term sales deal, contributed to the results.

May 9, 2024

Botswana vows to protect interests in potential BHP-Anglo deal

Botswana has not been formally approached by either BHP or Anglo.