Mining
Updated
Mergers & acquisitions
Anglo rejects BHP’s $74 billion third offer, but leaves door open for deal
BHP has gained a one-week extension to come up with an improved and binding takeover offer for Anglo American after its rival rejected its latest bid.
- by Simon Johanson
Latest
Clock ticking for BHP as $64 billion bid deadline looms
The resources giant has until 2am on Thursday morning, Australian time, to increase its bid for rival miner Anglo American, issue a formal binding offer, or walk away.
- by Simon Johanson
Eat, sleep, move: How Rio keeps its miners happy in the remote Pilbara
A million meals, 75,000 flight passengers: just another month in WA for the country’s largest iron ore producer.
- by Peter Milne
Remaking BHP: the chairman and the $64 billion deal
Ken MacKenzie likely has just over two years left as BHP’s chair. A mega-deal with Anglo American would shape the legacy he leaves at the Big Australian.
- by Anne Hyland
BHP says Anglo American shareholders must decide merger fate
BHP boss Mike Henry has thrown down the gauntlet to Anglo American’s shareholders, after the London-based miner rejected the Australian giant’s latest takeover offer.
- by Simon Johanson
Updated
Mergers & acquisitions
Anglo to sell coal mines, other assets to fend off BHP takeover bid
BHP chief Mike Henry said he was disappointed after a $64 billion sweetened bid was immediately rejected by the London-headquartered miner.
- by Simon Johanson
Opinion
Mergers & acquisitions
Shadow boxing on as BHP eyes being crowned world’s copper king
Anglo American has rejected BHP’s second, higher takeover offer. But playing hard is getting harder.
- by Elizabeth Knight
Exclusive
Indigenous
CEO’s plan for personal millions from Indigenous mine deal exposed
The land council’s mine was expected to produce $1 billion in revenue and the chief executive asked for his own cut.
- by Nick McKenzie
Analysis
Indigenous
How Indigenous people got zilch from a billion-dollar mining bonanza
The ‘stark reality’ of economic exclusion imposed on Victoria’s First Peoples has been laid bare in evidence presented to the Yoorrook Justice Commission.
- by Jack Latimore
BHP and Vale offer $39b to settle Brazil dam disaster claims
The disastrous dam collapse in 2015 caused a giant mudslide that killed 19 people in one of Brazil’s worst environmental catastrophes.
- by Simon Johanson
‘Opportunistic’: Anglo American rejects BHP’s $60 billion takeover bid
Australia’s largest mining company will be forced to raise its offer to buy rival Anglo American after its initial $60 billion bid was swiftly rejected.
- by Nick Toscano