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The 107-year-old South African mining group, long resistant to change, has now rejected a takeover offer from BHP
UK-listed company says Australian miner’s takeover approach ‘significantly undervalues’ it
Also in this newsletter: US inflation higher than expected, panic on Wall Street, science round-up
BHP, whose £31bn bid for Anglo has been rejected, faces fraught politics and complicated history in the country
Plus, Wall Street grapples with a non-compete ban and Rich Handler buys his client’s yacht
Legal & General and Abrdn criticise offer as undervaluing UK-listed miner
Anglo has rejected a £31bn deal that would be the biggest in the mining sector on record but faces many hurdles
Any deal would need South African government’s approval while cost savings are another issue
Combination would bring together two of the industry’s largest companies as copper demand soars
Why now, why not earlier, why ever, at what price, and what it might mean for fertiliser production in North Yorkshire
Anglo American unit’s output down 23% as luxury pullback and emergence of lab-grown gems take toll
Amid falling prices for some industrial metals, the sector is struggling to convince investors of its importance
Miner suffers slide in earnings and cuts dividend because of slow recovery in gemstones and tumble in metal prices
Headcount to be reduced by almost a fifth after 71% plunge in profitability
Wanblad warns that thousands of job losses are likely in the platinum business
Duncan Wanblad insists events outside his control are responsible for tumbling share price
Investors hit exits after mining group announces plans to slash mineral production to cut costs
The mining group plans to invest $9bn in a Yorkshire mine that will produce a fertiliser mineral for which there is currently little demand
‘Covid overhangs’ in Chinese economy have sapped demand for metals, says Anglo American chief
Negotiations had raised uncertainty over strategic value of miner for owner Anglo American
Mining group extends cost and timeframe estimates for bringing Woodsmith project into production by 2027
FTSE 100 miner’s Duncan Wanblad warns country’s economy under threat from ‘scourges’ of power cuts, broken logistics and corruption
Investors must decide where they sit in dispute over former Anglo American Kabwe mine
Oil veteran Al Cook to replace Bruce Cleaver after 7 years in charge
New chief says credit cost and political instability will make many mining projects unviable as profits plunge
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