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 29, 2024

South Africa views BHP bid for Anglo as ‘normal market activity’

BHP is considering making an improved offer, Reuters sources said during the weekend.

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

Brazil iron ore exports seen surging in 2024 if rivers stay high

Miners have told Navios South American Logistics they could ship eight million to 10 million tons of iron ore this year.

April 26, 2024

Iron ore price set for 3rd weekly rise on China demand

The Dalian contract posted a weekly gain of 2% and the Singapore benchmark has risen 1.7% so far.

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

South Africa scrutinizes BHP bid for Anglo weeks before election

The deal worth about $39 billion would involve Anglo exiting its platinum and iron ore assets in the country.

April 25, 2024

Vale sees no impact from BHP-Anglo deal on Minas-Rio project

Questioned about potential interest in Anglo's assets, CEO Bartolomeo also said that Vale would "clearly" be interested.

April 25, 2024

BHP-Anglo American potential merger: It’s all about copper

The world’s largest miner wants to buy Anglo American, but only if its London-based peer divests Amplats and Kumba.