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.
SA's newest platinum projects turn to gold, chrome
Junior platinum developers in South Africa are pivoting to lucrative gold and chrome co-products, transforming project economics amid shifting commodity prices.
Southern Palladium "vulnerable" to takeover in hungry market
Southern Palladium acknowledges it could become a takeover target following a $1.1bn upgrade in the valuation of its Bengwenyama project as global PGM supply tightens.
Rupert’s Richemont, Signet eye stakes in De Beers bid
Luxury group Richemont and US retailer Signet Jewelers are in advanced discussions to join the consortium leading the race to acquire De Beers from Anglo American.
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…
Gold Fields urged to drop dilutive Northern Star bid
UK asset manager Redwheel has called on Gold Fields to abandon its $23.6bn hostile takeover of Northern Star Resources, arguing the equity-backed deal dilutes shareholder upside…
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.
Northam M&A puzzle puts spotlight on PGM consolidation
Valterra Platinum has acknowledged receiving an expression of interest from Northam Platinum, though CEO Craig Miller emphasises the miner's immediate focus remains on internal…
Genesis considers mine sales after Vault takeover
Genesis Minerals is considering selling or spinning off some of its Australian mines following the completion of its takeover of Vault Minerals.