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.

May 2, 2024

Chinese miners see opportunities as BHP’s mega bid unfolds

Miners like Zijin Mining, China Minmetals and others are likely to examine closely a deal that creates the world’s top copper producer, Bloomberg says.

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 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

India unlikely to impose export curbs on low-grade iron ore

China typically accounts for more than 90% of overall shipments of iron ore from India.

April 30, 2024

Iron ore price posts best monthly gain since June 2023

Outlook for the ferrous sector is neutral to slightly bullish due to China's latest move to boost infrastructure spending.