Mining merger could spark industry consolidation wave
THE £53bn planned merger between Anglo American and Teck Resources announced on Tuesday could trigger a wave of consolidation amongst mining rivals, analysts told...
Anglo Teck is not about surviving hostile M&A – Wanblad
THE combination of Anglo American with Canada's Teck Corporation was hatched only two months ago as the firms discussed potential asset level cooperation.
Duncan Wanblad,...
Rio Tinto under pressure to build refinery for Simandou
RIO Tinto could face major new capital commitments after Guinea's government demanded the mining group establish downstream processing for its Simandou iron ore, rather...
Iron ore extends rally amid Chinese optimism
IRON ore has sustained its upward trajectory for a sixth consecutive session, approaching its strongest finish in more than half a year as traders...
Mali conducts airstrikes amid militant fuel blockade
MALI'S military has launched airstrikes in the gold-rich Kayes region following attempts by al Qaeda-affiliated militants to impose a fuel blockade on the landlocked...
Anglo unveils merger of equals with Teck to form Anglo Teck
ANGLO American and Teck Corporation today confirmed they had reached agreement on a "merger of equals" of the two miners.
To be named Anglo Teck...
Anglo said to be nearing deal for Teck Resources
ANGLO American is close to securing a deal for Canada's Teck Resources, said Bloomberg News citing sources familiar with the negotiations.
The London-listed miner is...
Silver lease costs spike on trade worries
SOARING lease rates for silver are disrupting precious metals markets as traders brace for potential US tariffs that could further tighten already constrained London...
Pan African surges to high as plots London Main Market listing
PAN African Resources said on Monday it had applied to move its AIM listing in London to the bourse's Main Market.
"We believe the proposed...
Gold hits fresh record as Fed easing expected
GOLD soared to a record $3,600 per ounce on Monday, extending a remarkable rally fuelled by anticipation of imminent US interest rate reductions and...