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Anglo American Rejects BHP's $38.8 Billion Takeover Bid

Anglo American rejected BHP s $38.8 billion takeover bid, deeming it undervalued and unattractive for shareholders. ....

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Metals Markets: Anglo American Rejects BHP Takeover Offer

Anglo American recently rejected BHP's $38.8 billion takeover offer, leaving many across metals markets apprehensive about a future deal. ....

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Anglo American's De Beers returns to Angola after decade hiatus

Anglo American's De Beers returns to Angola after decade hiatus
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Kumba CEO gives firm thumbs up to continued exploration in prospective Northern Cape

New Kumba Iron Ore CEO Mpumi Zikalala this week gave a firm thumbs up to South Africa’s biggest iron-ore mining and marketing company continuing to invest in mineral exploration in the Northern Cape, which she described as being highly prospective. The Johannesburg-listed Anglo American group company has spent R1.5-billion on high potential targets in the last ten years to good effect. Kumba has, over the last eight years, been exploring in the Northern Cape, where it has identified anomalies and targets that have become a great focus for the company as potential sources for other new mining developments. (Also watch attached Creamer Media video.) ....

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Kumba shares R89bn of value created in 2021 with stakeholders

South Africa’s biggest iron-ore producers and marketer, Kumba Iron Ore, has shared R89-billion of the value it created in 2021 with its stakeholders, with more than R21-billion going to the government in tax revenues and mineral royalties. The Johannesburg-listed Anglo American group company increased capital investment by 30% to R8-billion, “and this not only benefits the life of our operations, but represents our commitment to investing in our country and local communities”, new Kumba CEO Mpumi Zikalala pointed out at the company’s presentation of spectacular financial results. (Also watch attached Creamer Media video.) ....

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