Yesterday
Wayne Swan’s big ASX crusade starts to crystallise
The former treasurer’s public support for local solar panel subsidies comes as he tries to consolidate the sand industry.
- Updated
- Mark Di Stefano
Anglo to run investor gauntlet after rejecting BHP’s $60b bid
The market is tipping BHP can come back with a higher offer, as it moves to acquire more copper assets. But first, Anglo American will face its own shareholders.
- Joshua Peach and Liam Walsh
BHP’s $60 billion copper play was years in the making
How chief executive Mike Henry has been methodically hunting a big deal for years.
- Thomas Biesheuvel, Dinesh Nair and Paul-Alain Hunt
This Month
BHP’s bid for Anglo casts cloud over $9b mine
BHP’s takeover proposal of rival Anglo American is throwing uncertainty over the future for Anglo’s massive fertiliser mine in England.
- Jack Ryan
Activist Elliott builds $1b Anglo American stake
The hedge fund led by Paul Singer has built a billion dollar stake in BHP target Anglo American, placing it among its 10 biggest shareholders.
- Crystal Tse, Dinesh Nair and Swetha Gopinath
- Opinion
- Chanticleer
Anglo’s predictable rejection won’t end BHP’s ambitions
BHP won’t be put off the scent by Anglo American’s rejection of its $60 billion takeover. There’s too much at stake.
- James Thomson
Anglo American rejects BHP’s $60b bid for copper supremacy
Anglo American investors were already cool on BHP’s offer as the race between global mining heavyweights for copper assets hots up.
- Brad Thompson and Elouise Fowler
Anglo’s stumbles made it quarry for mining’s biggest predator
Anglo American once held pride of place on the sharemarket. Now its reputation is in tatters, and BHP is ready to pounce.
- Thomas Biesheuvel
- Updated
- Mining
BHP lobs $60b copper play for Anglo American
BHP is making a $60 billion bet on copper demand growing exponentially in the global shift away from fossil fuels, with a bold takeover bid for British resources heavyweight Anglo American.
- Updated
- Brad Thompson
- Opinion
- Chanticleer
BHP’s complex bid for Anglo American is a bet on the future
After years of shrinking to greatness, BHP boss Mike Henry is eyeing a deal that could deliver a triple victory. But it’s complex, and possibly risky.
- James Thomson
Chalice’s shopping spree turns spotlight on WA microcap Encounter
Usually, a strategic building up a stake is a precursor to a bid, but rest assured there isn’t one coming at Encounter Resources when the ASX switches back.
- Sarah Thompson, Kanika Sood and Emma Rapaport
BHP’s Mike Henry breaks bread with Andrew Liveris at Beppi’s
The place was nearly empty, so snippets of Henry and Liveris’ long, relaxed degustation rang through the room of the power diner.
- Updated
- Myriam Robin
How ex-Bomber went from AFL to a big hit in lithium
Wildcat Resources executive director Matthew Banks played three games for Essendon, including two Anzac Day blockbusters. His career in mining has been more successful.
- Brad Thompson
BHP has UBS, Barclays in corner as it eyes mega Anglo American deal
Sources close to discussions said negotiations were at an early stage and other miners were interested in the London-based producer of platinum and copper.
- Sarah Thompson, Kanika Sood and Emma Rapaport
MinRes says $1b debt-reducing haul road sale is still on track
The iron ore and lithium miner expects to sell a stake in a haul road by June 30 as it weighs up a big investment in onshore gas processing.
- Brad Thompson
Lynas boss leaves door ajar for rare earths mega-merger
Lynas boss Amanda Lacaze says there may be a time when big rare earths makes sense and confirms she is a great admirer of Gina Rinehart and her commitment to mining.
- Brad Thompson
Fortescue playing catch up on iron ore shipments
The Andrew Forrest-led miner is adamant it can hit the lower end of guidance for shipments in 2023-24, despite its problems over the past three months.
- Brad Thompson
Sims says ‘high cost’ Australia-made fixation threatens green steel
The federal government’s “Made in Australia” policy threatens to destroy the country’s chance at making “green” steel, economist Rod Sims says.
- Elouise Fowler
Richard Goyder’s D-Day with climate activists
The Woodside chairman’s fight against green activists has not been helped by an influential proxy report. Shame no one declared interests.
- Mark Di Stefano
South32 manganese mine repairs to take a year after cyclone in NT
Shares shot up 9 per cent in ASX-listed manganese producer Jupiter Mines after South32 confirmed global supply of the ore will be curtailed.
- Elouise Fowler
