April 26, 2024

Anglo American rejects “opportunistic” $39bn takeover bid from BHP

Under takeover rules, BHP is required to either make a solid offer for Anglo American by May 22 or walk away.

April 25, 2024

Newcore hikes Enchi gold project value 75% on higher forecast output, bullion price

The NPV of the Enchi gold project in Ghana has increased by three quarters over the prior 2021 assessment.

April 25, 2024

Anglo’s stumbles have made it prey for mining’s biggest predator

The company’s reputation is in tatters after a series of missteps sent its value plunging by half. And now industry heavyweight BHP is moving in.

April 25, 2024

South Africa scrutinizes BHP bid for Anglo weeks before election

The deal worth about $39 billion would involve Anglo exiting its platinum and iron ore assets in the country.

April 25, 2024

BHP-Anglo American potential merger: It’s all about copper

The world’s largest miner wants to buy Anglo American, but only if its London-based peer divests Amplats and Kumba.

April 25, 2024

Congo questions Apple on concerns about use of conflict minerals

Apple previously pledged to source “responsibly” and work to improve working conditions among mining communities, including in Congo.

April 24, 2024

Nigeria revokes 924 dormant mining titles, seeks new investors

Africa's top oil producer, which is also rich in lithium, gold and limestone, will grant mining licences to only companies that process their minerals locally after toughening licensing rules for…

April 24, 2024

Zimbabwe names new mines minister in mini-reshuffle

President Mnangagwa has re-appointed Winston Chitando to the post he held before last year’s elections.

April 24, 2024

Ghana miners seek termination of Future Global Resources’ lease

Mine Workers Union says the company lacks the finances to invest and operate the Bogoso-Prestea gold mine it acquired more than three years ago.

April 24, 2024

Eurasian Resources denies circumventing Congo subcontracting laws

Congo's government last week accused ERG of passing off subcontracting companies as majority partners.