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Diversified Miners

Botswana President President Mokgweetsi Masisi
Botswana may raise De Beers stake as Anglo weighs spin-off
6th June 2024 By: Reuters

The Botswana government may raise its shareholding in global diamond miner De Beers, President Mokgweetsi Masisi told JCK News, after parent company Anglo American said it plans to spin off or sell... 


The Khumani iron-ore mine
Mining input costs up by 7.2% y/y, Minerals Council says
5th June 2024 By: Darren Parker

The Minerals Council South Africa said on June 4 that its index of mining input costs increased by 7.2% year-on-year, matching the highest rate so far this year, which was recorded in January. This... 


A haul truck operating at a mine site in South Africa
Seventh administration needs to fast-track structural reforms to halt economic decline, Minerals Council says
5th June 2024 By: Darren Parker

The "concerning" economic growth dynamics across the South African mining sector should reinforce the need for the seventh administration, whatever shape it may take, to sustain and preferably... 


BHP CEO Mike Henry
BHP faces a test of patience after $49bn Anglo bid falters
4th June 2024 By: Bloomberg

Days after BHP Group failed to secure the $49-billion takeover of smaller rival Anglo American, investors have one message for CEO Mike Henry — keep your cool. BHP argues it showed restraint in... 


African Rainbow Minerals Executive Chairperson Dr Patrice Motsepe
South Africa’s ARM completes strategic investment in Canada’s Surge Copper
3rd June 2024 By: Martin Creamer

South Africa’s diversified mining company African Rainbow Minerals has secured its 15% strategic shareholding in Surge Copper, a Toronto Stock Exchange-Venture Exchange company that is advancing an... 


Rio Tinto secures future of NZ aluminium smelter, acquires full ownership
Rio Tinto secures future of NZ aluminium smelter, acquires full ownership
31st May 2024 By: Mariaan Webb

Commodities giant Rio Tinto announced on Friday that it would keep New Zealand’s sole aluminium smelter operational until at least 2044, following the completion of new 20-year electricity supply... 


Anglo American CEO Duncan Wanblad
Anglo starts formal divestment of coal, nickel after rebuffing BHP, CEO says
30th May 2024 By: Reuters

Anglo American is starting a formal process to sell its coal assets and explore options for its nickel operations after fending off a takeover threat from bigger rival BHP Group, CEO Duncan Wanblad... 


UK politicians urge Anglo to rethink fertiliser project halt
UK politicians urge Anglo to rethink fertiliser project halt
30th May 2024 By: Reuters

UK politicians are calling on Anglo American AAL.L to rethink halting its work at the Woodsmith fertiliser project in northern England, part of an asset overhaul Anglo announced after rejecting... 


Investors relieved BHP walked from Anglo takeover deal
Investors relieved BHP walked from Anglo takeover deal
30th May 2024 By: Reuters

nvestors welcomed BHP Group's decision to walk away from a $49-billion plan to take over its rival Anglo American, which rejected three proposed offers from the top global miner over the past six... 


BHP CEO Mike Henry
BHP walks away from $49bn pursuit of mining rival Anglo
29th May 2024 By: Reuters

Mining group BHP Group on Wednesday walked away from its $49-billion plan to take over rival Anglo American, which rejected a last-ditch request for more time, ending for now its six-week pursuit.... 


Botswana President Mokgweetsi Masisi
Botswana wants quick separation of De Beers from Anglo, President says
29th May 2024 By: Reuters

Botswana is hoping for a quick separation of De Beers from the Anglo American group before the UK-listed diversified mining giant is exposed to a possible hostile takeover, President Mokgweetsi... 


Anglo American digs in its heels, denies BHP's extension request
Anglo American digs in its heels, denies BHP's extension request
29th May 2024 By: Mariaan Webb

Diversified miner Anglo American on Wednesday denied BHP’s request for more time to engage on a proposed takeover transaction, stating that its fundamental concerns regarding the $49-billion... 


BHP seeks extension as crunch time for $49bn Anglo bid approaches
BHP seeks extension as crunch time for $49bn Anglo bid approaches
29th May 2024 By: Reuters

BHP Group on Wednesday asked for more time to try to win over takeover target Anglo American, hours before a deadline for the world's biggest miner to firm up its $49-billion offer for its smaller... 


Anglo American's head office in South Africa
BHP, Anglo dig in even as takeover talks deadline nears, sources say
28th May 2024 By: Reuters

BHP was struggling to find common ground with Anglo American on Tuesday in talks over its takeover offer, with no new concessions as a deadline nears for the world's biggest miner to submit a... 


A BHP logo on a building
JPMorgan says BHP plan risks $4.3bn South Africa outflow
27th May 2024 By: Bloomberg

A successful takeover of Anglo American under the arrangements BHP Group has offered could lead to outflows of $4.3-billion from South Africa, according to a JPMorgan Chase & Co. analysis. Such an... 


Anglo's South African corporate head office
BlackRock encouraged Anglo to extend talks with BHP, source says
27th May 2024 By: Reuters

Anglo American was encouraged by key shareholders including BlackRock to continue engaging in talks with BHP Group over its proposed 38.6-billion pound ($49.18-billion) mining merger, a person... 


COMRO book editor Brian Protheroe (right) and Mining Weekly's Martin Creamer (left).
Massive water power possibilities in underground mining, says COMRO book editor
24th May 2024 By: Martin Creamer

When hydropower was being developed for South Africa’s gold-mining industry, the industry was going through a tough time and the research organisation of the day, the Chamber of Mines Research... 


Large Anglo shareholders are backing miner’s stance on BHP talks
Large Anglo shareholders are backing miner’s stance on BHP talks
24th May 2024 By: Bloomberg

Several of Anglo American’s big shareholders have said they support the company’s efforts to persuade BHP Group to change the structure of its takeover proposal or compensate for the risks it... 


The above image depicts trainees of the Dickinson Group training programme that will enhance the local talent pool, assisting create a skilled local workforce that can reduce dependency on external expertise and enhance productivity
Furnaces group expands training initiative
24th May 2024 By: Lynne Davies

Global refractory and industrial solutions provider Dickinson Group of Companies (DGC) Africa aims to mitigate challenges – such as limitations in infrastructure, resource constraints and workforce... 


An image of a forklist
Committed to strategic growth goals amid industry challenges
24th May 2024 By: Nadine Ramdass

Despite encountering various challenges – including commodity price volatility closely linked to global economic conditions and supply chain dynamics – metallurgy and process engineering company... 


Rio Tinto CEO Jakob Stausholm
Activist investor asks Rio Tinto to give up its primary London listing
23rd May 2024 By: Reuters

A UK-based activist investor has called for Rio Tinto to abandon its London listing and unify its corporate structure in Australia instead, the Financial Times reported on Thursday. Palliser... 


Hugo Pienaar.
Green hydrogen must be allowed to decarbonise optimally, Junior Indaba hears
23rd May 2024 By: Martin Creamer

Green hydrogen must be made cheap enough to decarbonise optimally at a time when the delay in emission reduction needs to be reversed if the world is to hit net zero by 2050. A range of factors... 


BHP shares fall after Anglo American rejects proposal
BHP shares fall after Anglo American rejects proposal
23rd May 2024 By: Reuters

Shares of Australia's BHP Group fell over 3% on Thursday, a day after smaller rival Anglo American rejected its third takeover proposal and agreed to a one-week extension for the deadline to make a... 


BHP CEO Mike Henry
BHP has a week to convince Anglo its South African plan can work
23rd May 2024 By: Bloomberg

BHP Group just won an extra week to convince Anglo American on its $49-billion takeover plan. But the world’s biggest miner still must resolve the deal’s most intractable obstacle: What to do about... 


Kingsrose and BHP team up to explore Finland and Norway
Kingsrose and BHP team up to explore Finland and Norway
22nd May 2024 By: Mariaan Webb

ASX-listed Kingrose Mining on Wednesday announced an exploration alliance agreement with commodities major BHP, which would provide funding for regional exploration across Norway and Finland. This... 


Anglo American chairperson Stuart Chambers
Anglo shoots down BHP’s third attempt, agrees to one-week extension
22nd May 2024 By: Mariaan Webb

The world’s top diversified miner BHP has made a third unsolicited conditional takeover proposal for smaller rival Anglo American on Wednesday, only hours before its initial deadline for a firm... 


Top Anglo investor says BHP bid requires 'meaningful revision'
Top Anglo investor says BHP bid requires 'meaningful revision'
22nd May 2024 By: Reuters

South African state-owned asset manager the Public Investment Corporation (PIC) said on Wednesday that it would require a "meaningful revision" of BHP Group's bid for rival miner Anglo American.... 


Resources Watch
Resources Watch
22nd May 2024

This week: PGM-boosted green hydrogen backed by resolute South African govt's commitment; State mining training authority backing green hydrogen skills centre creation, and, Nedbank says green... 


Anglo CEO Duncan Wanblad and BHP CEO Mike Henry
Clock runs down on BHP’s $43bn bid for Anglo American
22nd May 2024 By: Bloomberg

BHP Group has just hours to launch a blockbuster bid to buy smaller mining rival Anglo American — or put its audacious takeover plan on the shelf. The proposal by the world’s biggest miner to spin... 


Opening Junior Indaba panel (from left) Lili Nupen, Tseliso Maqubela, Errol Smart, Mosa Mabuza, Bernard Swanepoel.
Latest cadastre agreement excites South Africa’s Junior Indaba panel
21st May 2024 By: Martin Creamer

There were expressions of excitement at the South Africa’s Junior Indaba on Tuesday when attendees at the important mining event learnt of the signing of the service-level agreement (SLA) for South... 


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Rentech
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Condra Cranes
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Weir
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Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...

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