Canada clears Anglo’s $50bn takeover of Teck
CANADA has granted regulatory approval for Anglo American’s acquisition of Teck Resources, paving the way for a $50bn metals company focused on copper operations...
Ghana bans all mining in forest reserves
GHANA has prohibited all mining operations within forest reserves, marking a significant reversal of environmental policy in Africa's leading gold-producing nation.
Reuters cited the country's...
The day AngloGold was worth more than Anglo American
FOR a brief but delicious moment, AngloGold Ashanti was worth more than Anglo American, its former parent company. On November 27, AngloGold hit a...
Anglo, Teck shareholders give green light to merger
THE merger of Anglo American with Teck Resources hit a critical milestone on Tuesday evening after shareholders in both companies supported their combination, to...
Anglo withdraws executive bonuses ahead of Teck vote
ANGLO American has scrapped plans to guarantee substantial bonuses for senior executives following shareholder opposition, days before investors vote on its $50bn merger with...
Rio Tinto targets $10bn from non-core asset sales
RIO Tinto CEO Simon Trott outlined plans on Thursday to generate $5bn to $10bn through divestments and productivity growth as he moves to simplify...
Mali recovers $1.2bn from mining audit
MALI'S government has clawed back 761 billion CFA francs ($1.2bn) in unpaid dues from mining operators following an extensive industry review, said Reuters citing...
BHP offered £40bn for Anglo in failed bid
BHP Group's unsuccessful takeover approach to Anglo American comprised an offer worth about £40bn ($53bn), said Bloomberg News which cited sources familiar with the...
Canada Govt said to clear Anglo takeover of Teck
THE Canadian government has cleared Anglo American's proposed takeover of Teck Resources on national security grounds, said Bloomberg News citing an earlier report by...
Anglo-Teck merger subject to national security review
CANADA will conduct a national security review of the proposed merger between Anglo American and Teck Resources, said Reuters on Wednesday citing the country's...