south africa may sell iron ore bhp stakes worth

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South Africa Stocks Rally With Rand Hedges Up as Unrest Persists

In Johannesburg Wednesday, an index of industrial miners surged 1.7% to provide the biggest boost to the overall market. BHP +1.1% after RBC Capital Markets said the company has the potential to pay out 100% of 2021 earnings in dividends and still come in below its net debt target amid surging iron ore prices.

a monarch that lost its crown - Applied Corporate Governance

This is a story which would seem to follow the traditional "clogs to clogs in three generations" except that the third generation is said to be worth c$7 billion. However, it does appear that the entrepreneurial gene in the founding family lost its potency in that third generation.

BHP announces spin-off plan, no share buyback for now - Yahoo!

MELBOURNE/LONDON (Reuters) - The world's biggest mining company, BHP Billiton, announced plans to spin off businesses worth an estimated $16 billion, most of them acquired in a 2001 merger, to...

Norway fund may have to offload $1bn stake in Glencore in shift away ...

Norway's $1-trillion sovereign wealth fund may have to sell its $1-billion stake in commodities giant Glencore, among other companies that derive more than 30% of their revenue from coal, to meet ...

Rio splash dares BHP to lift bid - news

Rio (ASX: RIO: quote) already has plans to boost its West Australian iron ore production from about 200 million tonnes a year to 320 million tonnes by 2013, but the new increase puts Rio way up on ...

The African Billionaires 2014

Mar 4, 2014There are 29 African billionaires this year, up from 20 just a year ago. These are the 29 Africans who are worth $1 billion or more: Aliko Dangote, $25 billion. Nigerian, Cement, , Sugar ...

Looking to profit from gold prices? Here are three gold-exposed stocks ...

At the end of the fourth quarter of 2021, 45 hedge funds held stakes worth $1.3 billion (Dh4.78 billion) in Newmont Corporation, compared to 48 in the preceding quarter worth $774 million (Dh2.8 ...

The bye-bye blues: Looking at Barclays disinvestment

Anglo American has been reducing its assets held in South Africa since the 1990s. However, according to Anglo's latest restructuring plans, which were announced last month, it will sell all its local coal mines, its stake in manganese producer Samancor and exit its stake in Kumba Iron Ore. 2.

Crude Oil Daily: July 2021

South Africa's Petra Diamonds (LON:PDL) ... China will sell another 30,000 tonnes of copper, 90,000 tonnes of aluminum, and 50,000 tonnes of zinc at auction from its state reserves on July 29. ... Iron ore has been in a bull market for more than two years, and it's not about to end soon, according to Goldman Sachs. ...

BHP announces spin-off plan, no share buyback for now

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Why this left-for-dead metal could rocket, and 4 easy ways to buy it - MSN

Sep 22, 2021This bit of diversification should help spread some of your risks around in the event iron ore hits the skids once again. As of Sept. 21, shares in SLX were selling for around $54.53. The most...

Digging & Drilling by digging drilling -

BHP Billiton last week said it was sticking with its $10 billion iron ore expansion plan and was mining ore at a rate of 165 million to 170 million metric tonnes per year.

BHP announces spin-off plan, no share buyback for now - Yahoo!

MELBOURNE/LONDON (Reuters) - The world's biggest mining company, BHP Billiton (BHP.AX) (BLT.L), announced plans to spin off businesses worth an estimated $16 billion (9.62 billion pounds), most of...

10 Cheap Nickel Stocks to Invest In Today - Yahoo!

According to Knoema, nickel prices sat at $17,577 per tonne in the second quarter of 2021, up 44% year-over-year, from $12,179 per tonne. The World Bank estimated nickel prices would drop to $16,000 per tonne at some point in 2022, and reach a maximum of $18,000 per tonne by the end of the year. This may have been the case if Vladimir Putin had ...

British mining monopolies: looting and destruction - RCG

A 2015 study by the South African Medical Research Council found association between living proximity to mine dumps and prevalence of chronic respiratory diseases. An estimated 1.6 million people live near mine dumps in South Africa, the most unequal country in the world, with 31 million people living below the poverty line.

BHP ups the stakes in battle with billionaire for Noront ... - BNN

James Thornhill, Bloomberg News. BHP Group, the world's biggest mining company, has raised its offer for Noront Resources Ltd., trumping a bid from iron ore billionaire Andrew Forrest and securing the support of the Canadian nickel miner's board. The Melbourne-based company increased its bid by 36 per cent to $0.75 per share, above the $0. ...

Andrew Forrest's burgoning wealth rooted in riches of iron ore

Forrest, the biggest shareholder in and chairman of iron-ore force Fortescue Metals Group, has seen his wealth burst through the $10 billion mark in the past month as commodity prices soar. The Top 10

Glencore Xstrata - the birth of a mining monster

This late hurdle, however, did not prevent the creation of a mining conglomerate holding considerable stakes in every part of the mining industry, as well as other natural resource holdings. A day after the merger, shares soared 6%, making the group worth £73 billion.

Glencore Digs Out of the Abyss | Fortune

Today Glasenberg owns more than 8% of Glencore, and in 2014 he earned $198 million just in dividend payments alone. When the company went public, he paid $420 million in taxes to the tiny Swiss ...

The Miner's Daughter | The New Yorker

She has sold equity stakes totalling thirty per cent to South Korean, Japanese, and Taiwanese steelmakers, and has launched a Roy Hill subsidiary that, at its peak, will employ thirty-six hundred ...

Iron Ore Tug-of-War: Rising Prices Create Tension between Australian ...

"Chinese steel mills import 250 million tons of iron ore under long-term contract every year, and if the iron ore price increases 65%, the cost for all the Chinese mills will increase RMB 60 billion,"said Hu Kai, an analyst from Umetal, a China-based website that provides iron ore information and analysis.

Chinese control over African and global mining—past ... - SpringerLink

Chinese companies are far from taking control over African or global mining. In 2018, they control less than 7% of the value of total African mine production. Chinese investments in African mining of non-fuel minerals between 1995 and 2018 have contributed to production growth but it has also increased Chinese control over African mineral and metal production. There is evidence pointing to a ...

BHP's bidding war with billionaire over Noront Resources may end - BNN

A bidding war involving BHP Group, the world's biggest mining company, and an iron ore billionaire over a small Canadian nickel company may be coming to an end.

Earnings wrap: BHP, Atomos, Ansell, Cardinale, Dexus, Elmo Software ...

Feb 15, 2022Results briefing | News and analysis on today's profit results from BHP, Atomos, Ansell, Cardinale, Dexus, Elmo Software, GWA, Lifestyle Communities, Money3, Reckon ...

BHP may sell $10bn of smelters, mines - Moneyweb

As spending increases on shale gas, iron ore, coking coal and potash.

What next for the world's largest miners? - IG

Miners have recovered from the latest downturn after spending years reshaping their portfolios, paying off huge debt piles and shoring up their balance sheets. But with firms like Rio Tinto, BHP Billiton, Glencore and Anglo American generating cash again, questions are being asked of how best to spend it.

Dump Rio's China deal - The Sydney Morning Herald

South America; Africa; National Show ... This time last year Rio was trying to get rid of an unwanted takeover from BHP at $150. Today Rio is worth about $50. ... The paradox is that iron ore ...

Barrick Gold Corporate History (1980-2000) - Republic of Mining

With growing discord in South Africa's political and financial arenas, Munk and his partners believed Barrick could offer a more prudent investment. The new Barrick went public on the Toronto Stock Exchange in May 1983 with 1.3 million shares. The sale garnered only C$2.5 million, just enough to get the fledgling company on its way.

Copper, the most critical metal | Kitco News

The researchers found that to build 31.5 million EVs would take a jaw-dropping 207,900 tonnes of cobalt, 264,600 tonnes of lithium carbonate, at least 7,200 tonnes of neodymium and dysprosium, and 2,362,500 tonnes of copper — about 10% of global production.

Meet the Mining Industry's Newest Mogul: Anil Agarwal

Last Thursday, the company's share price hit a three-year high, closing up 17% since March, when Mr. Agarwal announced his first series of Anglo investments. On Tuesday, its stock closed at...

BHP Billiton fails to convince analysts - news

At BHP's current share price a 4-for-1 deal would value Rio at $164 a share, with the current 3-for-1 valuation at $123.45. Rio shares closed yesterday at $131.21 as the market looks for a sweetener. ABN AMRO this week said BHP would likely have to offer something close to $150 a share

Global Market Brief: Global Maneuvers in the Mining Sector

The world's largest mining company, Australia's BHP Billiton, launched a takeover bid for London-based Rio Tinto on Feb. 5, offering $147 billion in a deal that would have created a mining goliath worth nearly $350 billion. Rio Tinto rejected the bid Feb. 6, saying the offer "significantly" undervalued Rio Tinto.

BHP dividends to continue as it faces revision of strategies - ntnews

Unless China slows, looks like it may go on for sometime but eventually Brazilian iron ore producer Vale will restore its production; iron ore will be produced in Africa on a large scale and scrap ...

The case for unbundling Anglo American - Moneyweb

Anglo American also owns 63% of Kumba Iron Ore; the stakes in Anglo Platinum and Kumba Iron Ore are currently worth nearly $11bn, ... South Africa. Africa. Budget. Companies and Deals. Covid-19.

BHP ups the stakes in battle with billionaire for Noront Resources ...

South Africa's Ruling ANC to Win 2024 Vote Even as City Support Plunges, Survey Shows ... BHP Group, the world's biggest mining company, has raised its offer for Noront Resources Ltd., trumping a bid from iron ore billionaire Andrew Forrest and securing the support of the Canadian nickel miner's board. ... trumping a bid from iron ore ...

The African Billionaires 2015 - Forbes

Mar 2, 2015This year, a record 1,826 billionaires made it to FORBES' annual ranking of the world's richest people. There are 29 African billionaires this year, the same number as in 2014.

BHP announces spin-off plan, no share buyback for now

MELBOURNE/LONDON (Reuters) - The world's biggest mining company, BHP Billiton BHP.AX BLT.L, announced plans to spin off businesses worth an estimated $16 billion (9.62 billion pounds), most of them...

Rio Tinto favors sweetened Yancoal offer over Glencore's bid for coal ...

In today's Daily Dose: Rio Tinto prefers Yancoal's sweetened offer for its Australian coal assets; an attack at Acacia's Tanzanian gold mine leads to 66 arrests; and BHP starts work at the South Flank iron ore project ahead of a final go-ahead.

Southern African Legal Information Institute

The only other steel producer in South Africa that uses iron ore as feedstock is Davsteel, which accounts for 4% of production. The remaining 2% of production is accounted for by small firms that use scrap metal rather than iron ore as an input to their steel making processes. 103. There are no imports of iron ore into South Africa.

Anglo American Platinum - Wikipedia

Anglo American Platinum Limited (JSE: AMS) is the world's largest primary producer of platinum, accounting for about 38% of the world's annual supply.. Based in South Africa, most of the group's operations lie to the northwest and northeast of Johannesburg.A majority of the company's operations take place in the Bushveld Igneous Complex, a large region that contains a range of mineral ...

south africa may sell iron ore bhp stakes worth

Our Projects

South Africa Stocks Rally With Rand Hedges Up as Unrest Persists

a monarch that lost its crown - Applied Corporate Governance

BHP announces spin-off plan, no share buyback for now - Yahoo!

Norway fund may have to offload $1bn stake in Glencore in shift away ...

Rio splash dares BHP to lift bid - news

The African Billionaires 2014

Looking to profit from gold prices? Here are three gold-exposed stocks ...

The bye-bye blues: Looking at Barclays disinvestment

Crude Oil Daily: July 2021

BHP announces spin-off plan, no share buyback for now

Why this left-for-dead metal could rocket, and 4 easy ways to buy it - MSN

Digging & Drilling by digging drilling -

BHP announces spin-off plan, no share buyback for now - Yahoo!

10 Cheap Nickel Stocks to Invest In Today - Yahoo!

British mining monopolies: looting and destruction - RCG

BHP ups the stakes in battle with billionaire for Noront ... - BNN

Andrew Forrest's burgoning wealth rooted in riches of iron ore

Glencore Xstrata - the birth of a mining monster

Glencore Digs Out of the Abyss | Fortune

The Miner's Daughter | The New Yorker

Iron Ore Tug-of-War: Rising Prices Create Tension between Australian ...

Chinese control over African and global mining—past ... - SpringerLink

BHP's bidding war with billionaire over Noront Resources may end - BNN

Earnings wrap: BHP, Atomos, Ansell, Cardinale, Dexus, Elmo Software ...

BHP may sell $10bn of smelters, mines - Moneyweb

What next for the world's largest miners? - IG

Dump Rio's China deal - The Sydney Morning Herald

Barrick Gold Corporate History (1980-2000) - Republic of Mining

Copper, the most critical metal | Kitco News

Meet the Mining Industry's Newest Mogul: Anil Agarwal

BHP Billiton fails to convince analysts - news

Global Market Brief: Global Maneuvers in the Mining Sector

BHP dividends to continue as it faces revision of strategies - ntnews

The case for unbundling Anglo American - Moneyweb

BHP ups the stakes in battle with billionaire for Noront Resources ...

The African Billionaires 2015 - Forbes

BHP announces spin-off plan, no share buyback for now

Rio Tinto favors sweetened Yancoal offer over Glencore's bid for coal ...

Southern African Legal Information Institute

Anglo American Platinum - Wikipedia

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