The combined indicated open pit resources increased by 12.4 million tonnes or 37% to 46.2 million tonnes.

South African officials have so far given BHP’s proposal a mixed reception.

The bank allegedly violated antitrust laws by conspiring to manipulate a benchmark for physical platinum and palladium prices.

CEO Duncan Wanblad is meeting minister Gwede Mantashe for the first time since rejecting BHP's $39bn takeover bid last week.

The proposed $39 billion combination has more than enough components to trigger intense oversight by regulators concerned about implications for market concentration and access to key minerals.

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

Miner now owns stake of the Montana platinum group metals developer and its eponymous project next to Sibanye-Stillwater’s.

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