LONDON Hedge fund Odey Asset Management said it would oppose Anglo American's 405 million pounds ($526 million) bid to acquire a huge fertilizer project from Sirius Minerals , saying the terms do not represent fair value.
LONDON British-based conglomerate GFG Alliance will invest 2 billion euros ($2 billion), mostly in Romania and the Czech Republic, to modernize its emissions-heavy European steel plants and boost production, it said on Wednesday.
LONDON Anglo American Plc is likely to confirm a deal to buy fertilizer company Sirius Minerals Plc for more than $500 million excluding debt, ahead of an early February deadline to finalise its bid, three sources close to the matter said.
Global miner Anglo American Plc is in advanced talks to buy fertiliser company Sirius Minerals for about 386 million pounds ($507 million), throwing a potential life-line to Britain's biggest mining project.
TORONTO/LONDON Canadian miner First Quantum Minerals Ltd is weighing investment of around $1 billion (764.2 million pounds) to lift output at Africa's biggest copper mine in Zambia, a company document seen by Reuters showed, despite a feud with state miner ZCCM-IH over project funding.
LONDON Gold miners Endeavour and Centamin have agreed to assess the feasibility of a merger, following a weekend meeting between top managers of the two companies, Endeavour said on Monday, driving Centamin's share price higher.
LONDON The world's biggest steelmaker ArcelorMittal announced plans on Friday to cut emissions by 30% at its European operations by 2030, two days after the European Union laid out its program to be carbon neutral by 2050.
LONDON, Dec 11 Reuters) - South Africa's biggest money
manager has written to 22 gold mining companies asking them to
disclose data on the emissions they cause, adding to pressure on
the resources sector to tackle climate change.
LONDON GFG Alliance, owned by British commodities tycoon Sanjeev Gupta, has agreed to buy the Duffel aluminium plant in Belgium from Novelis [NVLXC.UL], the group said on Friday.