Anglo American’s falling shares fuel takeover rumours

Analysts say Anglo's current low valuation and diversified portfolio makes it an attractive target for potential buyers.

Cecilia Jamasmie | December 12, 2023 | 4:03 am

The Kazakhstan government's involvement in the deal ensured a lower price for the assets.

Reuters | December 8, 2023 | 9:39 am

Shares hit their lowest point since March 2020 after the miner unveiled plans to drastically cut the amount of commodities it mines.

Staff Writer | December 8, 2023 | 8:07 am

There is still no date for the negotiations to resume as the companies have refused to submit a new proposal.

Reuters | December 6, 2023 | 12:38 pm

"The last thing we need is very big M&A, because it's very disruptive and it takes you off course," CEO Jakob Stausholm said.

Reuters | December 5, 2023 | 2:34 pm

Rio owns two of four Simandou mining blocks as part of its Simfer joint venture with China's Chalco Iron Ore Holdings and the government of Guinea.

Reuters | December 5, 2023 | 2:21 pm

“The rule of the economics are going to drive the price, the rule meaning supply and demand,” said Vale CEO Bartolomeo.

Bloomberg News | December 5, 2023 | 7:23 am

Nickel production was estimated at 160,000 to 175,000 tons next year, against some 165,000 tons in 2023.

Bloomberg News | December 5, 2023 | 7:05 am

Researchers map Australia’s path to address yearly A$4 billion on mine closure expenditures

Annual expenditures on mine closure and rehabilitation activities in Australia are expected to exceed A$4 billion by 2040.

Staff Writer | December 5, 2023 | 6:06 am