Angola has bid for a majority stake in Anglo American unit De Beers, a source familiar with the matter told Reuters on Friday, setting up a potential standoff with neighbouring Botswana which is also seeking control of...
SNB sells Rio Tinto stake in new divestment from extractive industries
The Swiss National Bank has sold its stake in Anglo-Australian miner Rio Tinto, adding to a series of recent divestments from companies in extractive industries, LSEG data shows. Unsere (Our) SNB, a collection of...
Caterpillar to acquire Australia’s RPMGlobal for $728 million
Australian mining software firm RPMGlobal said on Monday that it has struck a deal to be acquired by heavy machinery giant Caterpillar for a total equity value of A$1.12 billion ($728.22 million). The news comes after...
CCI clears Lloyds Metals’ proposal to acquire 49.99% stake in Thriveni Pellets
Fair trade regulator CCI on Tuesday cleared Lloyds Metals and Energy’s proposal to acquire a 49.99% equity stake in Thriveni Pellets Pvt Ltd. “The proposed combination involves the acquisition of 49.99% of...
US to Take 10% Stake in Trilogy Metals to Unlock Alaska Mining
The US said it will take a 10% stake in Canadian minerals explorer Trilogy Metals Inc. as part of a $35.6 million investment to secure critical energy and mining projects in Alaska. In an announcement Monday, President...
Gold miners Predictive Discovery, Robex to merge in $1.5 billion deal
Australian miner Predictive Discovery and Canada’s Robex Resources said they will merge in a A$2.35 billion ($1.55 billion) all-share deal, creating a mid-tier gold producer in West Africa. Under the deal, Robex...
Barrick to sell Tongon mine in up to $305 million deal
Barrick Mining said on Monday it will sell its interests in the Tongon gold mine and certain assets in Ivory Coast to Atlantic Group for up to $305 million as the Candian miner looks to strengthen its balance sheet...
Mining giant Grupo Mexico returns with new offer for Citi’s Banamex
Mexican mining and transportation giant Grupo Mexico on Friday submitted an offer to purchase Citi’s retail unit in the country, known as Banamex, more than two years after it had scrapped previous plans to do so...
Vedanta demerger date moved to March 2026 pending government approval
Anil Agarwal-led Vedanta Ltd on Tuesday said it has extended the deadline for its demerger to March 2026, from the earlier deadline of September 30, 2025, citing pending approvals from the NCLT and other government...
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...
Newmont sells entire Orla stake for about $439 million in divestiture push
Gold miner Newmont said on Friday it sold its stake in Orla Mining for $439 million through the Toronto Stock Exchange as part of its divestiture program. The company disposed of the entire 43 million shares it held in...
NCLT defers final hearing on Vedanta demerger to Oct 8
The National Company Law Tribunal (NCLT) on Wednesday deferred the hearing on Vedanta’s ambitious demerger proposal to October 8, as the Ministry of Petroleum and Natural Gas objected to the scheme, citing a lack...
