Glencore nears asset sales ahead of bumper payouts
Glencore is progressing on multibillion-dollar disposals in the DRC and Kazakhstan, potentially paving the way for bumper shareholder returns and major merger deals.
Life after Anglo American: giving mining assets a second life
Major mining houses may be divesting, but focused operators like Thungela demonstrate how dedicated capital allocation and operational strategy can give viable South African…
Iron ore market weaker amid record freight rates, says Kumba
Kumba Iron Ore reported a tough third quarter hit by softer global demand, five-year high freight rates to China, and rail disruptions caused by a derailment on the export…
Tech firms in talks over metals supply, says Wanblad
Technology companies building data centres for AI are in active talks with miners to secure direct supplies of critical metals like copper, says Anglo American CEO Duncan Wanblad.
Botswana nears deal on bigger De Beers stake
Botswana is reportedly nearing an agreement to boost its De Beers stake to about 25% under a buyout deal led by the Global Diamond Consortium, facilitating Anglo American's exit…
Anglo warns EU veto could close Brazil nickel
Anglo American warns it may be forced to shutter its Brazilian nickel operations if European Union antitrust regulators veto its proposed $500m sale to MMG.