Anglo American to sell two assets to Taurus Funds for up to $195 million

Anglo plans to divest less profitable assets and focus on expanding copper output.

Reuters | July 22, 2024 | 7:01 am

Lynas Rare Earths signs contracts for Mt Weld power station

The hybrid power station is expected to reduce greenhouse gas…

Reuters | July 22, 2024 | 6:57 am

Amplats says on track to demerge in 2025, plans secondary London listing

Amplats also said it had cut some 3,700 jobs to…

Reuters | July 22, 2024 | 6:55 am

Singaporean consortium secures $850m for South32’s Australian coking coal

South32 said in February it had agreed to sell the…

Reuters | July 21, 2024 | 4:25 pm

With no recovery in sight, lithium prices force miners to reevaluate output

The price of the material that’s vital to the energy…

Bloomberg News | July 21, 2024 | 4:17 pm

How BHP’s CEO prepared for the Anglo American offer

Looking back, Mike Henry was 'almost walking the board, the company, and the investors up the ladder, back to big acquisitions,' an investor told the Financial Times.

Staff Writer | May 1, 2024 | 10:10 am

Anglo American copper assets worth $35 billion — report

The estimation, by financial research firm CreditSights, is only $4 billion lower than BHP’s offer for the whole company.

Cecilia Jamasmie | May 1, 2024 | 8:42 am

Anglo American takeover price needs to surpass £30/share, survey shows

Anglo American shares are trading 8.8% above the value of BHP’s rebuffed takeover proposal.

Bloomberg News | May 1, 2024 | 6:58 am

Barrick CEO says not interested in bidding for Anglo American

Barrick is in talks to raise at least $2 billion for the first phase of its Reko Diq copper project in Pakistan.

Reuters | May 1, 2024 | 6:38 am

Barrick Gold beats estimates for quarterly profit, enters JV in Jamaica

Barrick's gold production fell to 940,000 ounces in the quarter, but average realized gold prices rose to $2,075.

Reuters | May 1, 2024 | 5:35 am

Vale concludes sale of 10% of base metals unit to Manara Minerals

Manara is a joint venture between Ma'aden and Saudi Arabia's Public Investment Fund.

Reuters | April 30, 2024 | 3:36 pm

Cameco shares down on ‘disappointing’ first quarter loss

The uranium major’s adjusted net earnings fell 51% to $56 million, a sharp contrast with the $115 million from the same quarter last year.

Blair McBride | April 30, 2024 | 2:20 pm

Caterpillar, Vale testing electric and ethanol-powered trucks

Among mine equipment, the haul truck is the biggest consumer of diesel and therefore the biggest contributor to emissions.

Staff Writer | April 30, 2024 | 11:02 am

Data centers will likely provide boost to nuclear energy, says Cameco CEO

Overall, power use from the thousands of giant computing warehouses that comprise data centers is expected to triple globally this year.

Reuters | April 30, 2024 | 10:33 am

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