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BHP CEO Mike Henry will reportedly brief investors next week.
BHP shares drop on value concerns after $39bn bid for Anglo American
Updated 24 minutes ago By: Reuters

BHP Group shares fell 4% on Friday a day after revealing a $38.8-billion bid for Anglo American as investors feared a deal could erode BHP's profitability especially if it has to sweeten its... 


Anglo American does not find BHP $39bn offer attractive
Updated 27 minutes ago By: Reuters

Anglo American's management does not consider a proposed $39-billion takeover offer from BHP Group as attractive, two sources told Reuters, as some investors and analysts dismissed it as... 


Reflux flotation cell in an industrial coal application
Testing backlog as global interest in new flotation tech grows
Updated 5 hours ago By: Tracy Hancock

Global interest in and the uptake of the new REFLUX Flotation Cell (RFC) from full flowsheet technology and service supplier FLSmidth has been gaining considerable momentum. As a result of this... 


BHP has spent the last ten years simplifying their asset base only to buy one of the most complex portfolios in the industry.
BHP’s mega bid for Anglo sets stage for industry shakeup
25th April 2024 By: Mariaan Webb

Australia-headquartered BHP has made a bold move with its bid to acquire rival Anglo American in an all-share deal valued at $38.8-billion. With this manoeuvre, BHP aims to create the largest... 


Anglo American share price shows traders want a sweeter bid
Anglo American share price shows traders want a sweeter bid
25th April 2024 By: Bloomberg

Traders are pushing Anglo American Plc shares above the value of BHP Group’s takeover proposal, a sign they expect a higher bid from the suitor or an interloper. BHP’s proposal, which values the... 


Mineral Resources and Energy Minister Gwede Mantashe
Mantashe signals opposition to BHP-Anglo deal
25th April 2024 By: Bloomberg

South African Mines Minister Gwede Mantashe signaled his opposition to BHP Group Ltd.’s proposed takeover of Anglo American. The offer by the world’s largest miner envisages an all-share deal in... 


Anglo American's corporate head office in South Africa
Anglo shareholder LGIM says BHP approach 'unattractive'
25th April 2024 By: Reuters

Legal & General Investment Management, one of the 20 largest shareholders in Anglo American said an approach by BHP Group is "highly opportunistic" and "unattractive". "As with many other... 


Biden administration aims to clean up power sector with revamped rules
Biden administration aims to clean up power sector with revamped rules
25th April 2024 By: Reuters

The Biden administration on Thursday announced it has finalised rules targeting carbon, air and water pollution from power plants that it says could cut over one-billion metric tons from carbon... 


Minerals Council South Africa CEO Mzila Mthenjane.
How 30 years of democracy has transformed South Africa's mining industry
25th April 2024 By: Martin Creamer

South Africa’s 30 years of democracy has changed the character of this country’s mining industry profoundly, Minerals Council South Africa emphasised in a report that highlights the industry’s... 


The QB mine in Chile is ramping up.
Teck increases copper production with QB ramp-up
25th April 2024 By: Mariaan Webb

Canadian mining group Teck Resources has increased its copper production by 74% to 99 000 t in the first quarter, as output increased at the newly-built QB mine, in Chile. The Antamina mine, in... 


China coal prices have bottomed, will surpass 2023 highs, industry group says
24th April 2024 By: Reuters

China's domestic coal prices have bottomed out and will exceed 2023 highs this year, a major coal industry group said on Wednesday. "Overall stockpiles are not very high, so if market purchases... 


China can't quit coal by 2040, researchers say, despite global climate goals
China can't quit coal by 2040, researchers say, despite global climate goals
23rd April 2024 By: Reuters

China's coal consumption will fall by just one-third by 2040, according to a report by a European consultancy published on Tuesday, threatening climate targets that call for phasing out much of... 


Sasol petrol station
Macroeconomic factors dampen Sasol’s year-to-date performance
23rd April 2024 By: Marleny Arnoldi

NYSE- and JSE-listed petrochemicals company Sasol says its energy business benefitted from higher basic fuel prices, as well as improved refining margins towards the end of the nine months ended... 


Anglo CE Duncan Wanblad.
Anglo pleased with copper's first-quarter performance
23rd April 2024 By: Martin Creamer

Copper production increasing by 11% as Quellaveco achieved its highest plant throughput rate in Peru, and Collahuasi and El Soldado in Chile benefitting from higher copper grades were among the... 


Electricity Minister Kgosientsho Ramokgopa
Ramokgopa describes IPP surpluses as low-hanging fruit amid delay in finding contractual solution
22nd April 2024 By: Terence Creamer

Electricity Minister Kgosientsho Ramokgopa describes surplus electricity arising from existing renewable energy facilities as “low hanging fruit” in improving the supply-demand balance and reports... 


South32 CEO Graham Kerr
South32 reports improved operating results for March quarter
22nd April 2024 By: Darren Parker

Diversified miner South32 has reported an overall improvement in its operating results for the March quarter and record year-to-date production at Hillside Aluminium, in KwaZulu-Natal, and South... 


NTCSA begins consultations on market code to govern shift towards competitive electricity industry
NTCSA begins consultations on market code to govern shift towards competitive electricity industry
19th April 2024 By: Terence Creamer

With the National Transmission Company South Africa (NTCSA) currently scheduled to be operationalised in July and efforts under way to ensure that the Electricity Regulation Act (ERA) Amendment... 


Mosehla steps down as MC Mining director
19th April 2024 By: Creamer Media Reporter

Khomotso Mosehla, a long-standing nonexecutive director of MC Mining, has resigned as a director of the company, effective April 19. He has been a member of MC Mining's board of directors since... 


BHP will announce a decision on its WA nickel operations in the coming months
BHP nears decision on WA nickel, adjusts coal guidance
18th April 2024 By: Mariaan Webb

Diversified mining company BHP is nearing a decision regarding its nickel operations in Western Australia. The company, which has been conducting a review of these assets since February, is... 


From left, Dr Rebecca Maserumule, Sietse van der Woude, Zanele Mavusa Mbatha
Minerals Council South Africa setting out to boost local demand for green hydrogen
17th April 2024 By: Martin Creamer

Minerals Council South Africa is focused on increasing the domestic demand for green hydrogen, which it sees as contributing to the kickstarting of the hydrogen economy in South Africa. “The... 


Peabody eyes coking coal expansion at Aus mine
Peabody eyes coking coal expansion at Aus mine
17th April 2024 By: Creamer Media Reporter

Coal miner Peabody is developing a 130-million-ton, 25-year-plus mine plan for the Centurion complex, in the Bowen basin of Queensland. The mine plan incorporates the newly acquired Wards Well... 


A person using candles during power cuts
Stage 16 loadshedding code seeks to reduce human error not signal imminent surge in cuts – Nersa
16th April 2024 By: Terence Creamer

The National Energy Regulator of South Africa (Nersa) has belatedly moved to quell concern that its recent approval of a new loadshedding code of practice, which increases the number of potential... 


German coal mines emit much more methane than reported, study says
German coal mines emit much more methane than reported, study says
16th April 2024 By: Bloomberg

German coal mines spew 184 times more methane than what the country reports to the United Nations, according to a new analysis by Ember. The energy think tank used methodology developed by... 


China's March coal output slumps on high stockpiles, lower demand
China's March coal output slumps on high stockpiles, lower demand
16th April 2024 By: Reuters

China's coal output fell 4.2% in March, statistics bureau data showed on Tuesday, as miners cut back production on lower demand from power generators and ample inventories of the fuel limited... 


Bridge disaster in Baltimore gets FBI criminal investigation
15th April 2024 By: Bloomberg

The FBI has opened a criminal investigation into what occurred on the cargo ship that crashed into Baltimore’s Francis Scott Key Bridge and caused it to collapse, according to a person familiar... 


Halt in loadshedding could boost mining production, if sustained
12th April 2024 By: Creamer Media Reporter

South Africa has had more than two weeks without loadshedding and, if this can be sustained, it could push mining production for the full year into positive terrain, says Minerals Council South... 


Stanmore appoints Brennan as nonexec director
12th April 2024 By: Creamer Media Reporter

Queensland coal miner Stanmore Resources has appointed Keira Brennan an independent nonexecutive director. Brennan has more than 30 years’ experience advising in the energy and resources sector and... 


Macmahon MD and CEO Michael Finnegan
Macmahon advances capital-light strategy with sale of mobile equipment
12th April 2024 By: Mariaan Webb

Mining services company Macmahon has taken a strategic step towards enhancing its return on average capital employed (ROACE) performance by agreeing to sell a substantial portion of its mobile... 


China to build more coal mines to feed surging power capacity
China to build more coal mines to feed surging power capacity
12th April 2024 By: Bloomberg

China will build more coal mines in its push for higher domestic supply and to tame price increases, according to the National Development and Reform Commission. The world’s biggest coal producer... 


Peabody slumps as production issues, weather crimp revenue
Peabody slumps as production issues, weather crimp revenue
12th April 2024 By: Bloomberg

Shares of Peabody Energy slumped after the biggest US coal miner warned that first-quarter sales will be lower than expected due to production issues at mines in Australia and weak demand in the... 


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