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.

April 24, 2024

Vale expects final agreement for Mariana dam reparations in first half of year

The collapse of the dam, which belonged to Samarco, a joint venture of Vale and BHP, caused a giant mudslide that killed 19 people.

April 24, 2024

Lower iron, nickel and copper prices weigh on Vale’s quarterly earnings

One of the largest iron ore producers in the world, posted a $1.7 billion net profit for the quarter ended in March, while analysts polled by LSEG were expecting a…

April 24, 2024

Anglo American confirms non-binding offer from BHP

The proposal comprises an all-share offer for Anglo American by BHP.

April 24, 2024

BHP targets Anglo American in bid valued at $39 billion

Takeover would represent the first mega deal among the world’s biggest diversified miners in over a decade.