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.

May 7, 2024

Ganfeng seeks full control of lithium mine in Mali

The board of the miner approved the proposal to acquire 40% of the Goulamina project from Leo Lithium.

May 7, 2024

Bushveld Minerals to sell Vanchem unit to ease financial woes

The vanadium producer warned that if this funding scheme fails, it would have no option but to apply for business rescue.

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 7, 2024

Panthera Resources overhauls project ownership in Mali and Nigeria

Panthera is increasing interest in the Kalaka gold project in southern Mali from 40% to 80%, while divesting its Nigerian assets.

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

Congo’s $7 billion infrastructure deal with China will depend on copper prices

President pushed for a review of the 2008 infrastructure for minerals deal with Sinohydro Corp and China Railway Group to bring more benefits for Congo, the world's biggest cobalt producer.

May 3, 2024

BHP’s biggest rivals sit on the sidelines of Anglo M&A drama

Rio Tinto and Glencore Plc are focused on waiting for opportunities to snap up specific parts of Anglo’s business as BHP’s bid unfolds.

May 3, 2024

Harmony Gold reports one fatality at Johannesburg mine

The miner reported that one of its employees had died at its Doornkop mine.

May 3, 2024

What’s Anglo worth? For now it’s less than the sum of its parts

Anglo’s shares are trading about 8% above the price implied by BHP’s initial proposal.