Anglo American Expedites Plan To Divest De Beers, Other Assets After Rebuffing BHP Takeover Bid
Anglo American plans to sell its diamond business, De Beers, South Africa-based Anglo American Platinum, and steelmaking coal assets.
Anglo American Rejects BHP’s Improved Bid, Rio Tinto Remains Contender For Prized Copper Assets
Anglo American remains steadfast in its decision. The bid was contingent upon a divestiture of its iron ore and platinum assets in South Africa.
New Mining Alliance Targets Copper Exploration In Arizona, New Mexico, And Utah
BHP partners with Ivanhoe Electric to explore critical minerals in the US. Joint venture focuses on copper exploration in key states. Typhoon system used for precise geophysical survey.
Barrick Gold CEO Says Mergers Won’t Fix The Copper Shortage
CEO Mark Bristow of Barrick Gold believes M&A will not solve copper shortage. Company focuses on developing own assets, like Reko Diq project.
De Grey Mining Plans To Raise $395M For Major Gold Project In Australia
De Grey Mining aims to raise $395M for its Hemi Gold Project in Australia, in a strategic move to secure debt financing and begin production by 2026.
Mulino Triumphs In Panama’s Presidential Race, Pledges Less ‘Blah Blah Blah’ And ‘More Public Works And Money In Pockets’
José Raúl Mulino has won Panama's presidential election, promising economic reforms despite the nation's recent struggles with the Cobre mine.
Zimbabwe Places Sole Nickel Mine Under Administration Amidst Market Downturn
Zimbabwe's Trojan Mine has been placed under administration. This development follows a period of suspended production due to equipment failure.
Potential Bidding War Emerges For Anglo American As Glencore Considers Offer
Anglo and Glencore are considering a deal while BHP contemplates an improved offer, setting up a potential bidding war.
First Quantum Minerals Closes Ravensthorpe Nickel Mine, Cuts 330 Jobs
First Quantum Minerals is shutting down the Ravensthorpe nickel mine in Western Australia. BHP shuttered the mine in 2009.
Elliott Management’s $1B Anglo American Stake Ups Ante As Mining Megamerger Collapses
Elliott Management has invested $1 billion in Anglo American, adding pressure to the mining company amid a takeover bid from BHP Group.