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

BHP-Anglo American potential merger: It’s all about copper

The world’s largest miner wants to buy Anglo American, but only if its London-based peer divests Amplats and Kumba.

Cecilia Jamasmie | April 25, 2024 | 7:52 am

Congo questions Apple on concerns about use of conflict minerals

Apple previously pledged to source “responsibly” and work to improve working conditions among mining communities, including in Congo.

Bloomberg News | April 25, 2024 | 3:00 am

Nigeria revokes 924 dormant mining titles, seeks new investors

Africa's top oil producer, which is also rich in lithium, gold and limestone, will grant mining licences to only companies that process their minerals locally after toughening licensing rules for foreign companies last year.

Reuters | April 24, 2024 | 3:07 pm

Zimbabwe names new mines minister in mini-reshuffle

President Mnangagwa has re-appointed Winston Chitando to the post he held before last year’s elections.

Bloomberg News | April 24, 2024 | 1:07 pm

Ghana miners seek termination of Future Global Resources’ lease

Mine Workers Union says the company lacks the finances to invest and operate the Bogoso-Prestea gold mine it acquired more than three years ago.

Bloomberg News | April 24, 2024 | 12:27 pm

Eurasian Resources denies circumventing Congo subcontracting laws

Congo's government last week accused ERG of passing off subcontracting companies as majority partners.

Reuters | April 24, 2024 | 10:56 am

Guinea’s bauxite production increases for third consecutive year

The West African nation's bauxite production rose over 19% year-on-year in 2023 to about 123 million metric tons.

Reuters | April 24, 2024 | 7:29 am

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