Rio Tinto and Glencore have abandoned plans for a $260bn merger, walking away from a deal that would have created the world’s largest mining company. Rio Tinto said it was […]
Read MoreGlencore and Rio Tinto are at it again – and it seems the markets smell action
Here we go again. A combination of Rio Tinto and Glencore has been talked about for years and the duo held aborted negotiations at the end of 2024. With the […]
Read MoreMining firms Rio Tinto and Glencore restart $260bn merger talks
Rio Tinto and Glencore have restarted talks over a merger that would create the world’s largest mining company. The talks come almost a year after previous discussions between the two […]
Read MoreAnglo American drops plan to pay bosses millions in bonuses after $50bn Teck merger backlash
London-listed miner Anglo American has dropped plans to award its bosses multimillion-pound bonuses if its planned $50bn mega-merger with a Canadian rival goes through, after a backlash from its investors. […]
Read MoreMining giant BHP drops latest bid to buy rival Anglo American
BHP has walked away from another attempt to take over rival miner Anglo American after it was again rebuffed, failing in a last-minute effort to disrupt the planned merger with […]
Read MoreNice deal if it happens – but Anglo Teck is also an invitation to other bidders
Anglo American, of the FTSE 100 index, and the Canadian group Teck Resources, would like you to think of their proposed $53bn (£39bn) combo as “a true merger of equals”, […]
Read MoreLuxury jeweller Fabergé sold to tech investor in $50m deal
Fabergé, the jeweller famed for its imperial Russian Easter eggs, has been sold to a technology investor in a $50m (£37m) deal. Gemfields, which mines coloured gemstones in Africa, has […]
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