BHP walks away from proposed $49bn takeover of Anglo American

Less than an hour before the 5 p.m. UK cut off, BHP confirmed it had failed to secure Anglo’s board backing and would not proceed with the takeover.

Cecilia Jamasmie | May 29, 2024 | 4:05 am

Kincora partners with AngloGold on NJNB project in Australia

AngloGold may earn up to 80% of the project.

Staff Writer | May 28, 2024 | 11:46 am

Ivanhoe completes Phase 3 concentrator at Kamoa-Kakula ahead of schedule

The first concentrate is expected in early June.

Staff Writer | May 28, 2024 | 10:43 am

BHP and Anglo remain split on South Africa as time runs out

BHP has until 5 p.m. London on Wednesday to commit…

Bloomberg News | May 28, 2024 | 10:32 am

Vale moves closer to deal for Onca Puma nickel mine to resume operations

Onca Puma, which has an estimated annual nominal capacity of…

Reuters | May 28, 2024 | 10:21 am

Aurubis investing to expand copper output in Bulgaria

The Pirdop plant is receiving a total 400 million euros of investment.

Reuters | April 25, 2024 | 6:13 am

Teck copper output shoots up on QB mine, profit disappoints

Canada’s largest diversified miner saw its copper production jump by 74% in the first three months of the year.

Cecilia Jamasmie | April 25, 2024 | 6:11 am

Lundin Gold free of debt with $330 million repayment to Newmont

Lundin is buying out the remaining stream credit facility and offtake agreement for its 100% owned Fruta del Norte mine.

Staff Writer | April 25, 2024 | 6:08 am

Newmont beats quarterly profit, production estimates on Newcrest assets boost

Newmont also saw higher average gold price at $2,090 per ounce in the January-March quarter.

Reuters | April 25, 2024 | 4:35 am

Vale expects final agreement for Mariana dam reparations in first half of year

The collapse of the dam, which belonged to Samarco, a joint venture of Vale and BHP, caused a giant mudslide that killed 19 people.

Reuters | April 24, 2024 | 5:11 pm

Lower iron, nickel and copper prices weigh on Vale’s quarterly earnings

One of the largest iron ore producers in the world, posted a $1.7 billion net profit for the quarter ended in March, while analysts polled by LSEG were expecting a $1.9 billion profit.

Reuters | April 24, 2024 | 4:45 pm

Anglo American confirms non-binding offer from BHP

The proposal comprises an all-share offer for Anglo American by BHP.

Bloomberg News | April 24, 2024 | 4:26 pm

BHP targets Anglo American in bid valued at $39 billion

Takeover would represent the first mega deal among the world’s biggest diversified miners in over a decade.

Bloomberg News | April 24, 2024 | 3:39 pm

Vale, BHP and Samarco seek new deal on Mariana disaster

Negotiations resumed this week after the Brazilian government and states rejected the companies' $7.7 billion offer in December.

Staff Writer | April 24, 2024 | 9:11 am

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