April 30, 2024

Anglo under pressure to reveal plans to fend off BHP as Elliott hikes stake

UBS, the adviser for BHP, has begun scheduling meetings with fund managers this week to fine-tune a revised proposal for Anglo.

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.

April 30, 2024

Barrick’s Mali mine feeds Russian war machine, advocacy group says

The operator of the Loulo-Gounkoto gold complex increased tax, royalty and dividend payments to the Malian government by almost half to $380.7 million last year.

April 30, 2024

Harmony raises gold output forecast

The company said it expects its full-year gold production to be 1.55 million oz, up from the initial forecast between 1.38-1.48 million oz.

April 30, 2024

Anglo spinoffs will ‘very likely’ need South Africa approval

Even though BHP doesn’t want to buy Kumba and Amplats, South Africa could have an important role to play if an eventual deal is structured.

April 30, 2024

Mosaic sells Saudi JV stake to Ma’aden in $1.5 billion deal

Mosaic and Ma'aden have been partners in the $8 billion Ma'aden Wa'ad Al Shamal Phosphate venture for over a decade.

April 30, 2024

Gem Diamonds finds yet another big stone in Lesotho

The 118.74 carats diamond is the fifth greater than 100-carat precious stone recovered this year at Letšeng mine.

April 29, 2024

Half of all copper mining is at drought risk with climate change

Even in an optimistic low emission scenario for 2050, more than half the world’s copper mines will be in areas exposed to drought risk that’s deemed significant.

April 29, 2024

Column: BHP’s Anglo buyout makes business sense if the price is right

The bid may also be a tacit admission on BHP's part that buying copper assets is far easier than trying to find them and develop new mines.

April 29, 2024

Takeover rules to prevent Anglo from saying much on BHP bid at AGM

BHP's $39 billion bid will be the elephant in the room at Anglo American's Tuesday annual general meeting.