Whitehaven Coal to cut 192 jobs at mines purchased from BHPWhitehaven had announced plans in October to buy out BHP's Blackwater and Daunia mines in a $4.1 billion deal.Reuters | August 16, 2024 | 11:13 am
Exxaro closes in on critical metals dealThe company is close to securing a deal to buy…Reuters | August 15, 2024 | 7:21 am
China’s 2024 coal imports to reach new record high, industry group saysThe robust imports are despite lukewarm overall demand for coal.Reuters | August 7, 2024 | 7:12 am
Glencore to consult investors on coal spinoff after Teck deal Several of Glencore’s largest shareholders believe the company should retain its coal assets. Bloomberg News | May 29, 2024 | 2:43 pm
Mining M&A slips as firms lawyer-up to fight regulators The value of deals in the industry declined 12.5% to $74.2 billion this year. Colin McClelland | May 29, 2024 | 8:44 am
Mongolia defends plan to tap mining riches for new sovereign wealth fund Mining represented 28% of Mongolia’s GDP last year and comprised 92% of all exports. Bloomberg News | May 29, 2024 | 6:58 am
Europe’s biggest pension fund sells €10 billion in fossil fuels Stichting Pensioenfonds ABP has now exited all liquid assets in oil, gas and coal. Bloomberg News | May 28, 2024 | 3:50 pm
BHP and Anglo remain split on South Africa as time runs out BHP has until 5 p.m. London on Wednesday to commit to an offer. Bloomberg News | May 28, 2024 | 10:32 am
JPMorgan says BHP plan risks $4.3 billion South Africa outflow Such an outflow, if a deal goes ahead, could weaken the rand. Bloomberg News | May 27, 2024 | 7:05 am
BlackRock encouraged Anglo to extend talks with BHP Anglo American was encouraged by key shareholders to continue engaging in talks with BHP over its proposed $49.18 billion mining merger. Reuters | May 25, 2024 | 12:37 pm
Illinois coal forests home to unique arachnid with spiny legs — study Douglassarachne acanthopoda has been described as existing in the famous Illinoisan locality of Mazon Creek. Staff Writer | May 24, 2024 | 6:06 am
Anglo shareholders say BHP should amend structure or sweeten bid Of the investors that Bloomberg spoke to this week, some suggested that BHP should provide a commitment to cover any lost value suffered by the subsidiaries’ new owners. Bloomberg News | May 23, 2024 | 12:16 pm