Anglo faces headwinds in keeping restructuring on track Anglo has been forced to accelerate its restructuring after successfully holding off a bid from BHP, the world’s biggest miner. Bloomberg News | July 26, 2024 | 2:30 pm
Teck draws M&A attention from big miners in rush for copper Teck is seen as a logical merger partner, in particular for Anglo American or Vale SA’s base-metals business. Bloomberg News | July 26, 2024 | 11:17 am
Indonesia trying to cut China stakes in new nickel projects The strategy could help the industry qualify for US government subsidies. Bloomberg News | July 26, 2024 | 7:18 am
Cash-hungry Canadian miners test grey area of anti-China M&A rules Ottawa cracked down on mining deals involving foreign state-owned entities in 2022 in a move widely seen as targeting China’s influence in the global critical minerals supply chain. Bloomberg News | July 25, 2024 | 3:10 pm
Copper price sinks below $9,000 threshold as metals selloff deepens The industrial metal is down by about a fifth since reaching a record in mid-May. Bloomberg News | July 25, 2024 | 6:41 am
Toronto sees ‘win’ in first new foreign miner listing since 2022 Paladin Energy’s arrival in Canada marks the first time since 2022 that a large foreign miner will list its shares on the TSX. Bloomberg News | July 24, 2024 | 7:32 am
Vedanta seeks partners to develop Zambia mines it’s regaining The company seeks partners to carry out exploration, development and production at the Konkola Copper Mines assets. Bloomberg News | July 24, 2024 | 7:23 am
South Africa mines lobby urges caution on minerals export tax A more than six-fold increase in electricity prices since 2008 and erratic power supply have negatively affected local processing. Bloomberg News | July 24, 2024 | 7:19 am
First Quantum launches standstill deal with Chinese shareholder Jiangxi has also agreed that it will not dispose of its shares under a block deal. Bloomberg News | July 23, 2024 | 2:50 pm
Kumba Iron Ore sees new South Africa government open to rail reform The Anglo subsidiary was already working with the previous administration on ways to improve the crucial infrastructure. Bloomberg News | July 23, 2024 | 9:01 am
Botswana touts 24% stake in new mining companies for citizens Under current legislation, the government is entitled to offer to buy as much as 15% equity in any new mining entity. Bloomberg News | July 23, 2024 | 8:57 am
Iron ore price buckles below $100 as China’s Plenum fails to inspire The steelmaking material slid as much as 3.5% to touch $99.85 in Singapore, with futures on track for a third day of losses. Bloomberg News | July 23, 2024 | 7:59 am