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.

April 30, 2024

Anglo spinoffs will ‘very likely’ need South Africa approval

Even though BHP doesn’t want to buy Kumba and Amplats, South Africa could have an important role to play if an eventual deal is structured.

April 29, 2024

Column: BHP’s Anglo buyout makes business sense if the price is right

The bid may also be a tacit admission on BHP's part that buying copper assets is far easier than trying to find them and develop new mines.

April 29, 2024

Iron ore is tight and will pass $100 test in 2024, HSBC says

Iron ore has had a bumpy ride this year, slumping by almost a third in the first quarter on concerns over weakening Chinese demand.

April 29, 2024

Iron ore price retreats on weak Chinese industrial data

China's industrial profits fell in March and slowed gains for the quarter compared with the first two months.

April 29, 2024

Vale, BHP offer $25 billion settlement for Mariana disaster, authorities seek more

Companies presented Brazilian authorities with a settlement proposal related to reparations for the 2015 tailings dam burst.

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.