MinRes to sell minority stake in Onslow haul road for $864 million

BHP’s team aims to engage with President Cyril Ramaphosa’s administration among other key stakeholders, Bloomberg sources say.

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

China typically accounts for more than 90% of overall shipments of iron ore from India.

Outlook for the ferrous sector is neutral to slightly bullish due to China's latest move to boost infrastructure spending.

Even though BHP doesn’t want to buy Kumba and Amplats, South Africa could have an important role to play if an eventual deal is structured.

The bid may also be a tacit admission on BHP's part that buying copper assets is far easier than trying to find them and develop new mines.

Iron ore has had a bumpy ride this year, slumping by almost a third in the first quarter on concerns over weakening Chinese demand.

China's industrial profits fell in March and slowed gains for the quarter compared with the first two months.

Companies presented Brazilian authorities with a settlement proposal related to reparations for the 2015 tailings dam burst.