May 7, 2024

BHP insists Anglo American’s South African assets must go in any takeover

BHP sees advantages for South Africa in a distribution of Anglo American stakes in Amplats (78.6%) and kumba Iron Ore (69.7%).

May 6, 2024

Grid Metals increases resource by a third at copper-nickel project in Manitoba

The combined indicated open pit resources increased by 12.4 million tonnes or 37% to 46.2 million tonnes.

May 6, 2024

BHP bombshell puts South African mining in a hole

South African officials have so far given BHP’s proposal a mixed reception.

May 3, 2024

Goldman Sachs settles 2014 class action lawsuit tied to metal trades

The bank allegedly violated antitrust laws by conspiring to manipulate a benchmark for physical platinum and palladium prices.

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

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

Glencore takes 15.4% Stillwater Critical Minerals stake

Miner now owns stake of the Montana platinum group metals developer and its eponymous project next to Sibanye-Stillwater’s.

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.

April 30, 2024

As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets

BHP Group can't cherry-pick Anglo American assets without paying a hefty premium, Anglo investors told Reuters.