May 6, 2024

BHP bombshell puts South African mining in a hole

South African officials have so far given BHP’s proposal a mixed reception.

May 3, 2024

Anglo CEO meets South Africa mines minister after BHP’s takeover proposal

CEO Duncan Wanblad is meeting minister Gwede Mantashe for the first time since rejecting BHP's $39bn takeover bid last week.

May 3, 2024

BHP’s high-stakes tilt for Anglo puts regulators in spotlight

The proposed $39 billion combination has more than enough components to trigger intense oversight by regulators concerned about implications for market concentration and access to key minerals.

May 2, 2024

Alrosa says output stable amid Western sanctions

The Russian finance ministry said last month that Russia will regularly buy diamonds from the sanctions-hit producer through a state fund.

April 30, 2024

Gem Diamonds finds yet another big stone in Lesotho

The 118.74 carats diamond is the fifth greater than 100-carat precious stone recovered this year at Letšeng mine.

April 29, 2024

Takeover rules to prevent Anglo from saying much on BHP bid at AGM

BHP's $39 billion bid will be the elephant in the room at Anglo American's Tuesday annual general meeting.

April 27, 2024

BHP considering improved proposal for Anglo American after bid rejected

BHP Group is considering making an improved offer for Anglo American after its $39 billion initial proposal was rejected.

April 26, 2024

Anglo American rejects “opportunistic” $39bn takeover bid from BHP

Under takeover rules, BHP is required to either make a solid offer for Anglo American by May 22 or walk away.

April 25, 2024

Anglo’s stumbles have made it prey for mining’s biggest predator

The company’s reputation is in tatters after a series of missteps sent its value plunging by half. And now industry heavyweight BHP is moving in.

April 25, 2024

Star Diamond, Minespider launch passport to comply with new G7 rules

Passport contains all key information about the diamond, including its provenance data, unique DNA, size, shape, color, carat, clarity, cut, and specific inclusions.