UK company interest payments skyrocket as rate hikes eat into profits July 1, 2024 UK company interest costs have skyrocketed almost 30 per cent as higher interest rates and rising debt ate into the profits of British businesses.
Anglo American’s break-up could spark a mining bidding war, says top shareholder May 14, 2024 The break-up of Anglo American could trigger a wave of further bids from global mining giants if its management sees the plans through to completion, a top shareholder has said.
FTSE 100 notches best week of the year as string of good news ends winter blues May 10, 2024 Friday's rally was largely driven by miners who were lifted on the back takeover speculation and higher prices for metals and minerals.
Rio Tinto had considered a bid for BHP-target Anglo American May 10, 2024 Rio Tinto and Glencore could crash BHP's bid for Anglo American.
Anglo American shares surge as Glencore reportedly mulls a takeover May 3, 2024 Shares in Anglo American have shot to the top of the FTSE 100 this morning after reports that rival Glencore was mulling a potential bid for the firm.
Mark Kleinman: BHP’s Anglo bid, Getir’s lack of delivery and what next for Nationwide May 2, 2024 Mark Kleinman is Sky News’ City Editor and writes a weekly column for City A.M., this week on the bid for Anglo American, Getir’s struggles and Nationwide’s Virgin Money takeover Anglo can’t bank on a full-blown auction It’s the opportunity Mike Henry has been waiting for. Four years after assuming control of BHP, his moment [...]
Glencore expects strong year from trading arm but reports lower copper output April 30, 2024 lencore reported total copper production of about 239,700 tonnes for the first quarter, compared to 244,100 tonnes a year earlier. It said cobalt production was down due to lower output at its Mutanda mine in Congo.
South African minister lashes out at BHP over previous merger April 25, 2024 BHP now has until 5pm on 22nd May to either announce a firm offer for Anglo or that it does not intend to make an official bid.
What do analysts think of BHP’s £31.1bn proposal for Anglo American? April 25, 2024 Though the proposal mandates divesting two of Anglo American's problem children, it appears BHP is fine with keeping diamond brand De Beers.
London Metals Exchange to clamp down on Russian metal ‘rent share’ trading games April 24, 2024 The LME is seeking to clamp down on 'rent share' warehouse games of trading sanctioned Russian metals.