May 7, 2024

Brazil demands immediate $15.7 billion payment from Vale, BHP for Mariana disaster

The government stated that if this amount is not paid within 15 days, it will petition to block the assets of Vale, BHP, and Samarco.

May 7, 2024

South African unions urge Anglo holders to reject BHP bid

BHP’s proposal includes a plan for Anglo to spin off its Johannesburg-listed platinum and iron ore units before an eventual takeover.

May 7, 2024

BHP insists Anglo American’s South African assets must go in any takeover

BHP sees advantages for South Africa in a distribution of Anglo American stakes in Amplats (78.6%) and kumba Iron Ore (69.7%).

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

Brazil wants next Vale CEO to be closer to government

The government wants the next CEO to have ties with states, municipalities and regulators.

May 3, 2024

Brazil rejects Vale, BHP settlement offer for Mariana disaster

Miners had earlier this week presented authorities with an offer to pay $25 billion as reparations for the dam collapse.

May 3, 2024

BHP’s biggest rivals sit on the sidelines of Anglo M&A drama

Rio Tinto and Glencore Plc are focused on waiting for opportunities to snap up specific parts of Anglo’s business as BHP’s bid unfolds.

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

Brazil’s mining sector revenue jumps 25% in first quarter

The country's mining exports between January and March grew 11.3% year over year.