May 21, 2024

BHP shares hit 3-month high as deadline for formal Anglo bid looms

BHP has until 16:00 GMT on Wednesday to make a binding bid for Anglo American.

May 21, 2024

Past producing yellow diamonds mine in Australia set to reopen

Gibb River Diamonds is bringing the Ellendale mine, which yielded over 50% of the world’s fancy yellow diamonds a year, back to life.

May 20, 2024

Get real: Copper price record was 56 years ago

Jeff Currie: Add AI data centers and military demand to green capex and copper should soon test 1968 levels of $15,000 inflation adjusted.

May 20, 2024

Rio Tinto declares force majeure on Queensland alumina exports

Its alumina plants have been unable to run properly due to a regional shortage of gas.

May 20, 2024

Lithium miners shake up trading to tackle wild price swings

Lithium prices are coming out of a boom-to-bust period that left in its wake an array of stalled projects, scrapped deals and production cuts.

May 20, 2024

Anglo shareholder LGIM supports break-up plan as BHP circles

LGIM is among Anglo's biggest investors with a stake of about 2%.

May 18, 2024

BHP debates improved Anglo bid as time runs out in takeover saga

BHP faces a critical question: what would it take to draw the smaller company to the negotiating table within the next few days? 

May 17, 2024

BHP needs to bid about $41 a share for Anglo, JPMorgan says

Anglo American has turned down BHP’s bids twice since April 25, stating the offers continue to considerably undervalue the company.

May 16, 2024

Rinehart asks Australia’s national gallery to take down her portrait

The portrait is displayed alongside that of 20 other famous people in a single exhibition at the National Gallery of Australia.

May 16, 2024

Anglo American freezes hiring amid global shake-up

Anglo's decision affects recruitment of non-site-based permanent employees and contractors, while it works on a company-wide restructuring.