Anglo investors tell company to move faster to survive BHP bid Anglo shareholders have been urging the company to explain how it would create more value than by just selling to the rival. Bloomberg News | May 11, 2024 | 11:44 am
Sibanye seeks to loosen borrowing restrictions as earnings plunge Sibanye CEO Neal Froneman said in the update that declining earnings could impact the company's debt covenants. Reuters | May 10, 2024 | 9:23 am
Rio Tinto has not ruled out bid for Anglo American — report While Rio has a smaller market capitalization than rival BHP, it's large enough to make an all-share offer for some or all of Anglo American. Cecilia Jamasmie | May 10, 2024 | 6:45 am
Anglo American’s South Africa investors open to improved BHP bid The investors, who collectively hold more than 15% of Anglo American, told FT that BHP would need to sweeten its offer. Reuters | May 9, 2024 | 2:32 pm
Platinum set for biggest deficit in a decade in 2024, says Johnson Matthey The autocatalyst maker said it expected the platinum market's deficit to increase to 598,000 ounces this year. Reuters | May 8, 2024 | 4:12 pm
South African unions urge Anglo holders to reject BHP bid BHP’s proposal includes a plan for Anglo to spin off its Johannesburg-listed platinum and iron ore units before an eventual takeover. Bloomberg News | May 7, 2024 | 7:48 am
BHP insists Anglo American’s South African assets must go in any takeover BHP sees advantages for South Africa in a distribution of Anglo American stakes in Amplats (78.6%) and kumba Iron Ore (69.7%). Reuters | May 7, 2024 | 4:46 am
Grid Metals increases resource by a third at copper-nickel project in Manitoba The combined indicated open pit resources increased by 12.4 million tonnes or 37% to 46.2 million tonnes. Staff Writer | May 6, 2024 | 10:37 am
BHP bombshell puts South African mining in a hole South African officials have so far given BHP’s proposal a mixed reception. Reuters | May 6, 2024 | 9:51 am
