Lure of Anglo’s copper mines could test BHP’s spending resolve
BHP needs to offer at least a 40% premium over Anglo's share price for a new takeover bid, but its CEO has committed to spending discipline.
Gold priced in Canadian dollars hit a record C$1,686.00 an ounce on Monday as a shock downgrade of the U.S. credit rating late on Friday sparked a rush among investors into assets seen as lower risk, and as euro zone debt concerns simmered.
