What’s Anglo worth? For now it’s less than the sum of its partsAnglo’s shares are trading about 8% above the price implied by BHP’s initial proposal.Bloomberg News | May 3, 2024 | 7:36 am
UK’s FTSE 100 hits record high as favourable data boosts sentimentAnglo American jumped 3.2% after Reuters reported that Glencore was…Reuters | May 3, 2024 | 7:25 am
BHP’s high-stakes tilt for Anglo puts regulators in spotlightThe proposed $39 billion combination has more than enough components…Bloomberg News | May 3, 2024 | 4:56 am
Anglo American shares plunge after production cuts Shares hit their lowest point since March 2020 after the miner unveiled plans to drastically cut the amount of commodities it mines. Staff Writer | December 8, 2023 | 8:07 am
Trafigura’s 2023 net profit hits record $7.4 billion The Geneva-based private company made the bulk of its profit in the first half of the year. Reuters | December 8, 2023 | 6:38 am
Arras Minerals joins forces with Teck to explore critical minerals in Kazakhstan Teck made its first investment into Arras last November by acquiring a 9.9% stake. Staff Writer | December 7, 2023 | 9:35 am
Anglo American preps sweeping cost cuts as price rout bites A rapid and precipitous plunge in palladium and rhodium has already forced other South African producers to cut jobs. Reuters | December 7, 2023 | 8:43 am
Ivanhoe Mines quadruples exploration budget for 2024 The primary focus of exploration activities will be on the Western Foreland project in the DRC. Staff Writer | December 7, 2023 | 8:20 am
China’s CMOC says geopolitics helped drive Australia sale CMOC agreed earlier this week to sell its 80% stake in the Northparkes copper and gold mine to Evolution Mining. Bloomberg News | December 7, 2023 | 7:00 am
US IRA is ‘cream on top’ as Arcadium eyes lithium growth US subsidies will support the growth of the top 3 lithium producer if the Livent and Allkem merger creating the new company goes ahead. Reuters | December 7, 2023 | 6:49 am
BHP reshuffles executives, Vandita Pant to take CFO role Current CFO David Lamont will remain with BHP until February 2025. Reuters | December 6, 2023 | 2:41 pm
Lynas attains first feed for Kalgoorlie project The mixed rare earth carbonate from the facility will be introduced to the Lynas Malaysia plant commencing late in the March quarter. Reuters | December 6, 2023 | 1:32 pm