Anglo under pressure to reveal plans to fend off BHP as Elliott hikes stake UBS, the adviser for BHP, has begun scheduling meetings with fund managers this week to fine-tune a revised proposal for Anglo. Reuters | April 30, 2024 | 8:20 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
Nyrstar to resume zinc production at Dutch smelter in May The Budel smelter, with a capacity to produce 315,000 metric tons per year, was suspended in the second half of January. Reuters | April 30, 2024 | 7:56 am
Greatland Gold may buy Havieron back from Newmont Greatland considers itself “strongly positioned” should there be an opportunity to consolidate ownership of Havieron. Staff Writer | April 30, 2024 | 6:28 am
Copper smelters in China wary of BHP-Anglo tie-up "This is not good news for China given the heavy reliance on external supply, and Chinese companies hold limited resources," one analyst said. Reuters | April 30, 2024 | 6:22 am
Copper price slips as Chinese demand outlook comes into focus Copper slipped after initially extending gains above $10,200 a ton as traders turned their attention to demand conditions in China. Bloomberg News | April 30, 2024 | 5:20 am
Glencore now sees FY trading division profit between $3bn-$3.5bn However, the company left its full-year production forecast unchanged. Reuters | April 30, 2024 | 4:48 am
Half of all copper mining is at drought risk with climate change Even in an optimistic low emission scenario for 2050, more than half the world’s copper mines will be in areas exposed to drought risk that’s deemed significant. Bloomberg News | April 29, 2024 | 5:08 pm
Column: BHP’s Anglo buyout makes business sense if the price is right The bid may also be a tacit admission on BHP's part that buying copper assets is far easier than trying to find them and develop new mines. Reuters | April 29, 2024 | 8:37 am
