Anglo American to sell De Beers, Amplats to fend off BHP’s bidAnglo plans to focus on copper while spinning out or selling its less profitable diamond, platinum, coal and nickel businesses.Cecilia Jamasmie | May 14, 2024 | 4:04 am
Anglo American rejects BHP’s revised $43 billion proposalAnglo American stated that the new offer was "highly unattractive"…Staff Writer | May 13, 2024 | 8:21 am
Anglo investors tell company to move faster to survive BHP bidAnglo shareholders have been urging the company to explain how…Bloomberg News | May 11, 2024 | 11:44 am
Anglo CEO says miners must make “tough decisions” to remain profitable Duncan Wanblad said on Thursday mining companies have to confront tough decisions such as cutting costs as weak metal prices hit earnings. Reuters | October 5, 2023 | 11:04 am
Spotlight still on Vedanta $3 billion debt despite spinoff plan While equity investors gave the demerger plan a thumbs up, Vedanta’s dollar bonds have tumbled. Bloomberg News | October 4, 2023 | 5:48 pm
Heads to roll at Anglo American head offices The mining giant has begun at Kumba Iron Ore, where 181 workers got notices and 141 jobs are expected to be cut. MINING.COM Editor | October 4, 2023 | 6:03 am
‘Evenly balanced’ risks means lower commodity prices, but robust volumes The overall message from the Australian government's commodity outlook is that evenly balanced risks translates into still robust volumes, but at lower prices. Reuters | October 3, 2023 | 8:30 am
Rio’s latest rock shelter damage highlights need for Aboriginal voice, advocates say Rio Tinto, which did not make a public statement for seven weeks, said it was sorry for the incident. Reuters | October 3, 2023 | 3:48 am
Big Oil, heavy industry discuss emission curbs ahead of COP28 The gathering brought together CEOs from more than 50 companies from the oil and gas sector and the aluminum, steel and cement industries. Reuters | October 1, 2023 | 8:25 am
Venezuela, Jindal Steel to sign deal on iron ore mill Venezuela’s government and Jindal Steel have signed an agreement for the Indian company to run the country’s largest iron-ore-producing plant. Bloomberg News | September 30, 2023 | 11:23 pm
Vedanta to split business into six listed companies The metals-to-oil Indian conglomerate seeks to boost growth amid a financial performance decline by parent company Vedanta Group. Cecilia Jamasmie | September 29, 2023 | 6:53 am
Iron ore price rises as output in Chinese steel mills hits highest since October 2020 Daily hot metal output among 247 steel mills surveyed by Mysteel climbed to the highest level since October 2020. Staff Writer | September 28, 2023 | 9:25 am