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Diversified Miners

Fraud cops investigating ex-Glencore staff plan to press charges
Fraud cops investigating ex-Glencore staff plan to press charges
18th June 2024 By: Bloomberg

British prosecutors investigating former Glencore employees over bribery allegations said they plan to bring long-awaited criminal charges. More than 18 months after first revealing that as many... 


Copper360, public markets, TotalEnergies, Air Products deal make headlines
Copper360, public markets, TotalEnergies, Air Products deal make headlines
14th June 2024

Mining Weekly editor Martin Creamer discusses Copper 360 being on the road to produce quite a bit of cash by financial year end; why the Reserve Bank concern about the decline of public markets is... 


AmaranthCX director Paul Miller.
Reserve Bank concern about decline of public markets welcome development – Miller
12th June 2024 By: Martin Creamer

The concern that South Africa’s Reserve Bank expressed last week on the state of this country’s public markets is seen as a welcome development by AmaranthCX director and public market promoter... 


The Beno Rodigues district was covered in mud after the Samarco dam burst in Mariana in 2015.
Vale, BHP make new offer on Mariana disaster reparations
12th June 2024 By: Reuters

Mining giants Vale and BHP and their joint venture Samarco have presented Brazilian authorities with a new offer to settle reparations over the 2015 Mariana disaster, Vale said in a securities... 


Resources Watch
Resources Watch
12th June 2024

This week: Richards Bay Minerals signs agreement for additional 140 MW of renewable energy; Platinum group metal poised to help protect world from growing water pollution threat and, Diamond... 


Minerals Council South Africa CEO Mzila Mthenjane
Minerals Council calls for collaborative relationship among govt, labour, civil society and the private sector
10th June 2024 By: Creamer Media Reporter

As political parties discuss the way forward in establishing a government of national unity, the Minerals Council South Africa says it and its members are advocating for a constructive,... 


An image of Sibanye CEO Neal Froneman
Sibanye-Stillwater changes covenant flexibility of its credit facilities
7th June 2024 By: Tasneem Bulbulia

JSE- and NYSE-listed Sibanye-Stillwater has announced that the lenders of its revolving credit facilities (RCFs), which include a $1-billion and a R5.5-billion RCF, as well as its Silicosis... 


Photo of Martin Creamer
Water pollution, traceability, exploration fund make headlines
7th June 2024

Mining Weekly Editor Martin Creamer discusses the role that Platinum Group Metal can play against water pollution; traceability in the mining sector and Petra Diamonds progress in this area; and... 


Men and women sitting on a stage in a panel discussion at the 2023 London indaba
Bigger attendance expected
7th June 2024 By: Halima Frost

Following the inaugural London Indaba in 2023, event organiser Resources4Africa (R4A) says this year’s conference aims to garner more attention from investors and the global mining sector. Set to... 


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... 


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