May 14, 2024

Anglo American to sell De Beers, Amplats to fend off BHP’s bid

Anglo plans to focus on copper while spinning out or selling its less profitable diamond, platinum, coal and nickel businesses.

May 13, 2024

Anglo American rejects BHP’s revised $43 billion proposal

Anglo American stated that the new offer was "highly unattractive" for its shareholders.

May 13, 2024

Platinum’s shortage to persist as EV slowdown fuels demand

Demand for the metal in autocatalyst is expected to rise about 2% for the whole year.

May 13, 2024

Platinum, palladium, rhodium prices seen down in 2024 despite deficit, Metals Focus says

Average prices are expected to fall this year compared with 2023 despite another year of structural deficit.

May 11, 2024

Anglo investors tell company to move faster to survive BHP bid

Anglo shareholders have been urging the company to explain how it would create more value than by just selling to the rival.

May 10, 2024

Sibanye seeks to loosen borrowing restrictions as earnings plunge

Sibanye CEO Neal Froneman said in the update that declining earnings could impact the company's debt covenants.

May 10, 2024

Rio Tinto has not ruled out bid for Anglo American — report

While Rio has a smaller market capitalization than rival BHP, it's large enough to make an all-share offer for some or all of Anglo American.

May 9, 2024

Anglo American’s South Africa investors open to improved BHP bid

The investors, who collectively hold more than 15% of Anglo American, told FT that BHP would need to sweeten its offer.

May 8, 2024

Platinum set for biggest deficit in a decade in 2024, says Johnson Matthey

The autocatalyst maker said it expected the platinum market's deficit to increase to 598,000 ounces this year.

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.