Copper price hits $10,000/t as BHP bid shows tight supply pipeline The metal has reclaimed the $10,000 threshold for the first time in two years. Bloomberg News | April 26, 2024 | 5:37 am
Anglo American rejects “opportunistic” $39bn takeover bid from BHP Under takeover rules, BHP is required to either make a solid offer for Anglo American by May 22 or walk away. Cecilia Jamasmie | April 26, 2024 | 3:24 am
Miner owned by South America’s richest family mulls bond sale Antofagasta, which operates copper mines in Chile, last tapped global debt markets in 2022 when it sold $500 million in 10-year bonds. Bloomberg News | April 25, 2024 | 4:14 pm
Anglo’s stumbles have made it prey for mining’s biggest predator The company’s reputation is in tatters after a series of missteps sent its value plunging by half. And now industry heavyweight BHP is moving in. Bloomberg News | April 25, 2024 | 12:25 pm
South Africa scrutinizes BHP bid for Anglo weeks before election The deal worth about $39 billion would involve Anglo exiting its platinum and iron ore assets in the country. Reuters | April 25, 2024 | 11:28 am
Metso to deliver copper smelter to Almalyk MMC, Uzbekistan The planned production capacity of the new copper smelter is 300,000 r/y of copper cathodes and 1.8 million t/y of sulphuric acid. Staff Writer | April 25, 2024 | 11:14 am
Copper price rally resuscitates world’s worst-performing currency in the first quarter The Chilean peso is up 3.4% in April, the only currency to have risen against the dollar in the month. Bloomberg News | April 25, 2024 | 10:53 am
Chile president wants copper output boost of 1Mt by 2026 "We have to take advantage of this super-cycle of copper that has been spoken of positively in recent days," Boric said on Thursday. Reuters | April 25, 2024 | 9:00 am
Vale sees no impact from BHP-Anglo deal on Minas-Rio project Questioned about potential interest in Anglo's assets, CEO Bartolomeo also said that Vale would "clearly" be interested. Reuters | April 25, 2024 | 8:41 am
