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Anglo American takeover price needs to surpass £30/share
A takeover of Anglo American Plc would need to be pitched at more than £30 ($37.6) per share, a higher price than BHP Group Ltd. offered last week, according to analysts and traders surveyed by Bloomberg.
Wednesday, May 1, 2024 - 21:40:03
Senate passes Russian uranium import ban, sending to Biden
The Senate voted Tuesday evening to approve legislation banning the import of enriched uranium from Russia, sending the measure to the president. President Joe Biden plans to sign it into law soon, according to the White House.
Wednesday, May 1, 2024 - 21:33:13
As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets
BHP Group can’t cherry pick Anglo American assets without paying a hefty premium, Anglo investors told Reuters, concerned that they stand to lose heavily by holding shares in South African subsidiaries.
Tuesday, April 30, 2024 - 23:55:06
Anglo spinoffs will ‘very likely’ need South Africa approval
BHP Group Ltd.’s proposal for Anglo American Plc to spin off platinum and iron ore units before a takeover would likely require approval from South African regulators, according to a government agency.
Tuesday, April 30, 2024 - 23:50:50
White House eyes Russian uranium import ban while House bill stalls
The Biden administration is considering banning imports of enriched Russian uranium using executive authority as congressional efforts to block the Kremlin’s shipments of the reactor fuel stall, people familiar with the matter said.
Monday, April 29, 2024 - 23:47:05
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Barrick CEO ‘can’t see any reason’ for in-person annual meetings
Barrick Gold Corp.’s chief executive officer says the gold miner will continue to host virtual-only annual general meetings despite calls for public companies to return to an in-person format.
Wednesday, May 1, 2024 - 21:43:16
Barrick CEO says not interested in bidding for Anglo American
Barrick Gold is not interested in bidding for Anglo American, which last week received a $39 billion takeover offer from BHP, and is building its own copper portfolio, the Canadian miner’s CEO Mark Bristow said on Wednesday.
Wednesday, May 1, 2024 - 21:38:45
US, Philippines eye agreement to cut China nickel dominance
The US and the Philippines are in discussions over ways to prevent China from dominating nickel processing in the Southeast Asian nation, a key supplier of the metal that’s crucial for electric vehicle batteries.
Wednesday, May 1, 2024 - 21:31:20
China lithium pioneer hands reins to daughter after loss
Jiang Weiping, the founder of major Chinese lithium producer Tianqi Lithium Corp., resigned as chairman after the battery-material producer reported its biggest-ever quarterly loss of more than half a billion dollars.
Tuesday, April 30, 2024 - 23:59:18
Anglo under pressure to reveal plans to fend off BHP as Elliott hikes stake
Anglo American faced calls from shareholders on Monday to detail plans for improving its value in order to fend off bidder BHP, as activist investor Elliott further raised the stakes by increasing its holding in the takeover target.
Tuesday, April 30, 2024 - 23:53:43
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Near record high LME prices a magnet for Chinese copper exports
China’s copper producers are planning to export up to 100,000 metric tons of metal, the largest volume in 12 years, aiming to cool a rally that has propelled prices towards record highs and hit their order books, three industry sources said.
Wednesday, May 1, 2024 - 21:41:58
Barrick Gold beats estimates for quarterly profit, enters JV in Jamaica
Canadian miner Barrick Gold on Wednesday beat first-quarter profit estimates on higher bullion prices and said it has entered into an exploration partnership with Geophysx Jamaica.
Wednesday, May 1, 2024 - 21:29:03
Barrick’s Mali mine feeds Russian war machine, advocacy group says
Barrick Gold faced criticism outside its annual general meeting on Tuesday in Toronto for supporting Malian rulers with ties to Russia.
Tuesday, April 30, 2024 - 23:56:50
Gold price fluctuates as market focuses on Fed meeting
Gold wavered as traders looked ahead to a week with a Federal Reserve rate decision meeting and key US jobs data.
Monday, April 29, 2024 - 23:44:28
Iron ore is tight and will pass $100 test in 2024
Iron ore will average more than $100 a ton this year as the worldwide market remains tight, despite China’s property crisis hurting the outlook for steel demand there, according to HSBC Holdings Plc.
Monday, April 29, 2024 - 23:43:23
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Miner owned by South America’s richest family mulls bond sale
Copper miner Antofagasta Plc is holding meetings with investors this week for its first dollar bond offering in nearly two years, people familiar with the matter said.
Friday, April 26, 2024 - 17:16:02
Zimbabwe names new mines minister in mini-reshuffle
Zimbabwe’s President Emmerson Mnangagwa has re-appointed Winston Chitando as the southern African nation’s mines minister, a post he held before last year’s elections.
Wednesday, April 24, 2024 - 19:15:11
BHP targets Anglo American in bid valued at $39 billion
BHP Group Ltd. proposed a takeover of Anglo American Plc that values the smaller miner at £31.1 billion ($38.8 billion), in a deal that would catapult the combined company’s copper production far beyond its rivals while sparking the biggest shakeup in the industry in over a decade.
Wednesday, April 24, 2024 - 16:49:16
First Quantum Minerals cuts debt by over $1bn in first quarter
Canadian miner First Quantum Minerals said on Tuesday that it has cut its debt by $1.14 billion in the first quarter.
Tuesday, April 23, 2024 - 18:59:12
Airbus wins reprieve from Canadian sanctions on Russian titanium
Canada has granted Airbus a waiver to allow it to use Russian titanium in its manufacturing after becoming the first Western government to ban supplies of the strategic metal in the latest package of measures triggered by the war in Ukraine.
Tuesday, April 23, 2024 - 18:45:55
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فارسی

CISA: Chinese crude steel capacity to drop below 1 billion tons by 2025

CISA: Chinese crude steel capacity to drop below 1 billion tons by 2025

Mining News Agency -The chairman of the China Iron and Steel Association (CISA) pointed out that because the demand for steel in China has gradually declined, more old steel mills would be shut down.

Tuesday, May 22, 2018 - 12:03:29 AM

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Iran Is Among the Largest Producers of Steel in Asia

Video interview of RR Steel Industry CEO

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Danieli`s Big Investment in Iran

ahan o fulad golgohar

Barrick CEO ‘can’t see any reason’ for in-person annual meetings

Near record high LME prices a magnet for Chinese copper exports

Anglo American takeover price needs to surpass £30/share

Barrick CEO says not interested in bidding for Anglo American

Senate passes Russian uranium import ban, sending to Biden

US, Philippines eye agreement to cut China nickel dominance

Barrick Gold beats estimates for quarterly profit, enters JV in Jamaica

China lithium pioneer hands reins to daughter after loss

Barrick’s Mali mine feeds Russian war machine, advocacy group says

As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets

Anglo spinoffs will ‘very likely’ need South Africa approval

China lithium pioneer hands reins to daughter after loss

Anglo American takeover price needs to surpass £30/share

Gold price fluctuates as market focuses on Fed meeting

Iron ore is tight and will pass $100 test in 2024

As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets

Glencore now sees FY trading division profit between $3bn-$3.5bn

Barrick CEO says not interested in bidding for Anglo American

Anglo under pressure to reveal plans to fend off BHP as Elliott hikes stake

Copper price slips as Chinese demand outlook comes into focus

BHP targets Anglo American in bid valued at $39 billion

Airbus wins reprieve from Canadian sanctions on Russian titanium

Polish government drops coal merger idea

Adani kicks off $1.2 billion Indian copper smelter

Chinese miners eye overseas deals after battery metals slump

Iron ore price edges higher on hopes of China’s demand recovery

Iron ore hit by fresh selling as traders fret over China demand

Africa to play ‘huge role’ in US critical mineral strategy, says Treasury’s No. 2

Gold output falls in Burkina Faso as terrorist attacks increase

Oil and gas upstream M&A deal value hits highest Q1 levels since 2017

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