Anglo American rejects “opportunistic” $39bn takeover bid from BHPUnder takeover rules, BHP is required to either make a solid offer for Anglo American by May 22 or walk away.Cecilia Jamasmie | April 26, 2024 | 3:24 am
Sibanye-Stillwater to axe 4,000 jobs in gold mines restructuringThe planned restructuring of its loss-making South African gold operations…Cecilia Jamasmie | April 11, 2024 | 3:45 am
Platinum metals face structural hit to demand from electric vehicle revolutionAccording to analysts at Macquarie, demand for both platinum and…Reuters | March 20, 2024 | 10:30 am
Anglo sells more Amplats shares ahead of spinoff of platinum unit The total offering size is about $535 million, according to a bookrunner. Reuters | November 26, 2024 | 7:55 am
Platinum market faces third consecutive deficit in 2025, WPIC says Platinum market deficit will be lower in 2025 than 2024, WPIC says. Reuters | November 26, 2024 | 6:44 am
Mining’s old guard needs strong medicine A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities. Frik Els | November 22, 2024 | 3:29 pm
Earth AI, Legacy Minerals make first greenfield palladium discovery using artificial intelligence The companies announced the verified discovery of one of the largest palladium mineral systems in Australia. Staff Writer | November 21, 2024 | 4:27 pm
Zimbabwe to end tax relief for miners to spur mineral processing President Emmerson Mnangagwa said last month the government would introduce incentives to encourage mining companies to process their output locally. Bloomberg News | November 11, 2024 | 8:50 am
Anglo American sells Australian coal JV stake for $1.1 billion Anglo has agreed to sell its 33.3% stake in Jellinbah Group, a JV that owns 70% interest in the Jellinbah East and Lake Vermont coal mines. Cecilia Jamasmie | November 4, 2024 | 5:47 am
Rusal raises bar in Nornickel dispute with fresh claims against Potanin Rusal is suing Nornickel's CEO, claiming he violated a shareholder agreement signed in December 2012. Reuters | November 1, 2024 | 7:11 am
Mining vs AI – It’s not even close Nvidia throws shade on the entire global mining industry. Frik Els | October 28, 2024 | 6:51 am
Nornickel raises 2024 production guidance for all metals The Russian company increased nine-month copper and palladium output year on year while platinum and nickel were unchanged. Reuters | October 28, 2024 | 4:11 am