Gem Diamonds finds sixth 100+ carat stone in 2024

The 212.9 carat Type II white stone was found at Letšeng mine, one of the world’s ten largest diamond operations by revenue.

Staff Writer | May 29, 2024 | 5:19 am

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

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

Lucapa recovers 195-carat diamond from Lulo mine

The diamond is the sixth largest and the 44th +100 carat stone to be recovered from the Lulo mine in Angola.

Staff Writer | May 28, 2024 | 10:10 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

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

Anglo American rejects BHP’s third bid, extends deadline

Anglo has left the door open for BHP as it agreed to grant it a one-week extension to table a binding offer.

Cecilia Jamasmie | May 22, 2024 | 7:03 am

Anglo’s second largest investor demands BHP bid revision

Petition by South Africa's Public Investment Corporation (PIC), which owns a roughly 7% stake in Anglo, comes just hours before bid deadline.

Cecilia Jamasmie | May 22, 2024 | 3:33 am

First

Last

De Beers partners with Tanishq to promote natural diamonds in India

Rio Tinto, Teck take steps to minimize Canada rail shutdown impact

Gahcho Kué diamond mine life extended to 2031

Lucara finds world’s 2nd largest diamond ever mined

Anglo American to receive coal bids in September

Create FREE account or log in

to receive MINING.COM digests