Anglo American rejects BHP’s third, US$49.2B bid
Anglo American (LSE: AAL) rejected on Wednesday a third takeover bid by BHP (ASX: BHP) that valued the company at US$49.2 billion (£38.6 billion), but it has agreed to extend…
Potash
Anglo’s second top investor demands BHP bid revision
Anglo American’s (LSE: AAL) second largest investor said on Wednesday it believes BHP’s (ASX: BHP) takeover bid requires “meaningful revision” in public remarks made just hours before the deadline for…
Brazil Potash starts Autazes project build
Autazes is expected to be the largest fertilizer mine in Latin America.
Mosaic sells Saudi JV stake to Ma’aden for US$1.5B
U.S. fertilizer company Mosaic (NYSE: MOS) is selling its 25% stake in a US$8 billion Saudi Arabian phosphate production joint venture to the country’s flagship miner Ma’aden, in a stock…
BHP says first stage of Jansen potash mine almost halfway complete
BHP (NYSE: BHP; ASX: BHP) says the first phase of its massive potash mine in Saskatchewan, is ahead of schedule and near the halfway point of completion at 44%. Located…
Brazil Potash gets state licence for disputed Autazes mine
Federal prosecutors have stated that the license is not legally acceptable.
BHP inks tentative sales deals for its giant Jansen potash project
Jansen is expected to begin production in late 2026, ramping up to 4.35 million metric tons annually.
‘Vultures’ look to harvest Danakali’s cash after Eritrean potash deal
Danakali (ASX: DNK) warned shareholders on Friday of “predatory activity” by unidentified groups currently approaching investors with “vulture” offers for their stakes in the company, seeking to pay as little…
Anglo American’s falling shares fuel takeover rumours
Speculation about Anglo American (LSE: AAL) becoming the target of a takeover by a rival or a private equity firm keeps mounting, as shares in the diversified miner continue to…
BHP to inject $4.9B in Jansen to double potash output
BHP (ASX: BHP) will invest US$4.9 billion in stage two of its giant Jansen potash project in Canada, as it aims to double capacity by the end of the decade….
Canadian mining capex reached decade high in 2022
Capital spending in Canada’s mining industry increased by 14% to $13.5 billion last year, its highest in a decade, the latest figures published by Natural Resources Canada showed. The sector’s…
Brazilian court rules in favour of Brazil Potash’s Autazes project
Brazil’s Federal Regional Court of the 1st Region ruled in favour of Canadian miner Brazil Potash’s Autazes project in the Amazon on Tuesday. Federal Judge Marcos Augusto de Souza suspended a lower…