The vanadium producer warned that if this funding scheme fails, it would have no option but to apply for business rescue.

South African officials have so far given BHP’s proposal a mixed reception.

President pushed for a review of the 2008 infrastructure for minerals deal with Sinohydro Corp and China Railway Group to bring more benefits for Congo, the world's biggest cobalt producer.

Rio Tinto and Glencore Plc are focused on waiting for opportunities to snap up specific parts of Anglo’s business as BHP’s bid unfolds.

The miner reported that one of its employees had died at its Doornkop mine.

Anglo’s shares are trading about 8% above the price implied by BHP’s initial proposal.

CEO Duncan Wanblad is meeting minister Gwede Mantashe for the first time since rejecting BHP's $39bn takeover bid last week.