BHP’s latest bid for Anglo topped $53B: report
The world’s largest miner offered £34/share (approx. $42.5), a 24% premium to Anglo’s £27.36 close, but it was not enough to succeed.
Articles by Cecilia Jamasmie
Barrick eyes IPO of North American gold assets
A North American spinout would offer investors access to the miner’s Nevada operations, Pueblo Viejo, and Fourmile project.
SolGold rejects Jiangxi takeover amid copper frenzy
The copper miner said it was second takeover approach from Jiangxi Copper in less than a week.
European Metals jumps on $417M Czech lithium boost
Grant for Cinovec is among the largest direct project-level funding commitments for critical raw materials.
SolGold sets 2026 start for early works at Cascabel
SolGold (LSE: SOLG) is accelerating development of its Cascabel copper-gold project in northern Ecuador, with early works scheduled to begin in 2026 and first production targeted for 2028. The company…
Excellon targets deeper gold-silver at Peru mine
Excellon Resources (TSX-V: EXN) says new geological interpretations confirm a multi-stage gold-silver system at its Mallay mine in central Peru. Updated modelling links the Pierina, Shafra and Mallay Deeps zones,…
Karnalyte touts 70-year potash mine in Saskatchewan
The project, 175 km east of Saskatoon, is expected to yield 2.2M tonnes of potash and 104,000 tonnes of hydromagnesite each year.
Canada orders security review of Anglo-Teck merger
Canada has launched a national security review of the proposed merger between Anglo American (LSE: AAL) and Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK), Industry Minister Melanie Joly said on…
Fortescue ends court dispute with former execs
Australia’s Fortescue (ASX: FMG) has agreed to settle its high-stakes lawsuit accusing former executives of stealing company data to build their green iron start-up Element Zero. The iron ore miner had…
Caledonia bets big on Bilboes as Zimbabwe’s next major gold mine
Caledonia Mining (LSE, NYSE-A: CMCL) has approved full development of its Bilboes gold project in Zimbabwe after a feasibility study projected strong returns for what is expected to become the…
Osisko sells Mexican gold asset, keeps key stake
Osisko is selling its non-core San Antonio gold project to Axo Copper, retaining a 9.99% stake in the buyer.
Harmony bets big on copper with $1.6B Eva build
South Africa’s Harmony Gold (JSE: HAR, NYSE: HMY) has approved construction of its $1.6 billion Eva copper project in Australia, setting a three-year build that begins in the third quarter of…