BHP on Monday pulled back from a last-ditch effort to buy Anglo American and bolster its dominance in copper, just two weeks before shareholders at Anglo and Canada’s Teck Resources were set to vote on a $60...
US offers to buy stakes in Australian critical minerals companies
The U.S. government has offered to buy equity in Australian critical minerals companies as part of a funding package to expand its supply and cut its reliance on China, executives recently returned from Washington said...
Angola’s diamond miner Endiama seeks minority stake in De Beers
Angola’s state diamond company Endiama has bid for a minority stake in Anglo American’s diamond unit De Beers, the African country’s Ministry of Mineral Resources, Petroleum and Gas said on Wednesday...
Maithan Alloys acquires minority stake in GAIL (India) for Rs 12 cr
Maithan Alloys said that it has acquired a 0.01% stake in GAIL (India) for total consideration of Rs 12.36 crore via stock exchange. The company has acquired 6,25,000 shares through stock exchange with view to reap the...
Harmony Gold agrees to buy Australian Mac Copper for $1 billion
JOHANNESBURG, May 27 (Reuters) – Harmony Gold, South Africa’s top gold producer by volume, has agreed to buy Australian miner Mac Copper Ltd in a deal worth $1.03 billion as it steps up a diversification into copper...
Russian tycoon’s investment group ICT sells Polymetal stake to Omani-owned consortium
Investment company ICT Holding, owned by Russian businessman Alexander Nesis, has sold its 23.9% stake in gold and silver producer Polymetal International to a consortium led by the Omani government, Polymetal said in a...
Allkem shareholders approve $10.6 billion Livent lithium merger
Investors in Australian lithium producer Allkem voted to accept a $10.6 billion merger offer from U.S. giant Livent that would create one of the world’s biggest lithium companies. Allkem said in a regulatory...
Hindustan Zinc’s all-cash bid for Vedanta’s assets lapses: Report
Hindustan Zinc Ltd’s proposal to buy certain zinc assets from Vedanta Group for $2.98 billion in cash has lapsed as the Indian miner did not get shareholders’ approval within the stipulated time limit, said...
Govt to sell some stake in Hindustan Zinc by next month: DIPAM secy
The government is likely to sell a part of its residual stake in Hindustan Zinc Ltd by next month to help it achieve the revised sell-off target of Rs 50,000 crore for the current fiscal, DIPAM Secretary Tuhin Kanta...
St Barbara to buy Genesis Minerals in $367 million deal to focus on Leonora gold district
Gold miner St Barbara Ltd (SBM.AX) agreed on Monday to buy smaller peer Genesis Minerals Ltd (GMD.AX) for A$541.3 million ($367.16 million), creating a mid-tier gold producer with a growing foothold in Western...
Brigham Minerals explores sale of the company-sources
Brigham Minerals Inc, a company that owns the rights to extract oil and natural gas from land across numerous U.S. shale basins, is exploring options that include a sale or a merger, people familiar with the matter said...
Centre seeks bids from i-bankers to assist stake sale in Hindustan Zinc
The Centre has sought bids from merchant bankers to assist the government in offloading its 29.5 per cent residual stake in Hindustan Zinc (HZL) in tranches. The Centre’s 29.5 per cent stake in HZL is valued at around...
