Anglo American to sell De Beers, Amplats after latest BHP bid
Anglo American (LSE: AAL), the takeover target of mining giant BHP (ASX: BHP), has yielded to pressure from investors by announcing plans to sell some of its legacy assets in…
BHP
Anglo American rejects BHP’s revised US$43B proposal
Anglo American stated that the new offer was “highly unattractive” for its shareholders.
Rio Tinto reports another autonomous train crash in Australia
Rio Tinto (NYSE: RIO; LSE: RIO ASX: RIO) said on Monday that one of its fully loaded autonomous iron ore trains had crashed with a set of stationary wagons in…
Rio Tinto has not ruled out Anglo American bid: report
While Rio has a smaller market capitalization than rival BHP, it’s large enough to make an all-share offer for some or all of Anglo American.
BHP, Ivanhoe Electric to hunt for US copper together
Mining giant BHP (ASX: BHP; LSE: BHP; NYSE: BHP) and Ivanhoe Electric (NYSE: IE; TSX: IE) have partnered to explore for copper and other critical minerals in selected areas in…
Canuck carbon firms vie for Musk-funded US$100M
Arca, a company that’s signed a deal with BHP (LSE: BHP; NYSE: BHP; ASX: BHP), is one of three Canadian technology firms in the running for the US$100-million Xprize carbon…
Brazil demands immediate US$15.7B payment for Mariana disaster
The government stated that if this amount is not paid within 15 days, it will petition to block the assets of Vale, BHP, and Samarco.
Brazil rejects Vale, BHP US$25B offer for mine disaster
Miners had earlier this week presented authorities with an offer to pay $25 billion as reparations for the dam collapse.
Abitibi Metals posts 2.3% copper at B26 in Quebec
Abitibi Metals (CSE: AMQ; US-OTC: AMQFF) reported more strong copper mineralization on Thursday at its B26 deposit in western Quebec after results earlier in the week and in March. Drill hole…
Anglo American copper assets worth US$35B: analyst
BHP’s (ASX, LSE, NYSE: BHP) bold move last week to approach Anglo American (LSE: AAL) with an unsolicited US$39 billion takeover offer has as its main objective to grab copper…
Explorers need majors to fund innovation: report
Explorers depend almost exclusively on established miners for innovation even though larger companies restrain their pioneering research, according to a new study. Almost 90% of the industry says explorers don’t…
First Quantum to shut Ravensthorpe nickel mine
Canadian miner First Quantum Minerals (TSX: FM) has decided to close its Ravensthorpe nickel operation in Western Australia. The ceasing of operations at the mine this week will cut around…