Goldman Sachs settles 2014 class action lawsuit tied to metal trades The bank allegedly violated antitrust laws by conspiring to manipulate a benchmark for physical platinum and palladium prices. Reuters | May 3, 2024 | 8:02 am
Anglo CEO meets South Africa mines minister after BHP’s takeover proposal CEO Duncan Wanblad is meeting minister Gwede Mantashe for the first time since rejecting BHP's $39bn takeover bid last week. Reuters | May 3, 2024 | 6:46 am
BHP’s high-stakes tilt for Anglo puts regulators in spotlight 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. Bloomberg News | May 3, 2024 | 4:56 am
BHP CEO flies to South Africa to push $39 billion takeover BHP’s team aims to engage with President Cyril Ramaphosa’s administration among other key stakeholders, Bloomberg sources say. Bloomberg News | May 2, 2024 | 5:02 am
Glencore takes 15.4% Stillwater Critical Minerals stake Miner now owns stake of the Montana platinum group metals developer and its eponymous project next to Sibanye-Stillwater’s. Henry Lazenby | May 1, 2024 | 2:05 pm
Anglo American takeover price needs to surpass £30/share, survey shows Anglo American shares are trading 8.8% above the value of BHP’s rebuffed takeover proposal. Bloomberg News | May 1, 2024 | 6:58 am
As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets BHP Group can't cherry-pick Anglo American assets without paying a hefty premium, Anglo investors told Reuters. Reuters | April 30, 2024 | 8:03 am
Anglo spinoffs will ‘very likely’ need South Africa approval Even though BHP doesn’t want to buy Kumba and Amplats, South Africa could have an important role to play if an eventual deal is structured. Bloomberg News | April 30, 2024 | 4:58 am
Takeover rules to prevent Anglo from saying much on BHP bid at AGM BHP's $39 billion bid will be the elephant in the room at Anglo American's Tuesday annual general meeting. Reuters | April 29, 2024 | 7:07 am
