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THE TRUTH ABOUT: 5 | History Defined

Anglo American to sell stake in Australian coal joint venture for £830m

Anglo American told shareholders on Monday it will sell its 33.3% stake in Jellinbah Group to Zashvin.

The Independent UK

FTSE 100 Live 04 November: Index rises ahead of election and rate decisions, Ryanair profit falls

Investors are braced for volatility as they await the outcome of the US election and this week’s meetings of the Bank of England and Federal Reserve.

Evening Standard

Mining firm BHP says it has ‘moved on’ from failed Anglo American bid

Chair suggests company will not make fourth takeover offer and will instead focus on other growth opportunities

The Guardian - UK

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New life for Hunter underground mine following funding deal

Muswellbrook's Dartbook mine set to reopen after 18 year hiatus.

Newcastle Herald

Anglo American takes further £1.2bn writedown on Yorkshire fertiliser mine

Production at Woodsmith site near Whitby set back to 2030 as firm plans to pause work during overhaul

The Guardian - UK

Queensland coalmine fire a ‘disaster’ for climate say environmental groups

The fire at Anglo American’s Grosvenor coalmine in Moranbah broke out after methane ignited

The Guardian - AU

Fire casts pall over future of coal mine and workers

Counselling has been offered to workers "traumatised" by an underground fire that has cast uncertainty over the future of a major coal mine.

AAP

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Major coal mine's future uncertain after fire shutdown

An Australian coal mine faces an uncertain future after an underground fire started when methane gas ignited, prompting authorities to start sealing the site.

AAP

Workers evacuated from central Qld mine after fire

Workers at the underground Grosvenor coal mine in central Queensland have been evacuated after a fire, which is under investigation.

AAP

Rebuffed BHP wired for bigger Aussie 'copper province'

South Africa's Anglo American may have rejected BHP's recent bid but the energy transition will drive copper demand for decades, including from South Australia.

AAP

The diamond industry is ‘in trouble’ after prices sunk 6% this year. A jewelry CEO blames the rapid growth of lab-grown diamonds.

Industry experts anticipate an additional 15% to 20% price drop in diamonds over the next 12 months.

Fortune

De Beers, the business that coined ‘diamonds are forever,’ is pivoting to jewelry retail ahead of spinoff from Anglo American

De Beers, the company that coined the slogan “diamonds are forever,” wants to make a splash in retail to compete with the likes of Tiffany and Cartier.

Fortune

Royal Mail owner agrees to takeover by Czech billionaire Daniel Kretinsky

A centuries-old British institution is set to be sold to a foreign firm. Royal Mail's parent company has accepted a £3.6 billion takeover offer by Czech billionaire Daniel Kretinsky's EP group. Privatised about a decade ago, the postal service that dates back to Tudor times has struggled in the era…

France 24

Shares fall again, wiping out gains for the month

The ASX200 fell 0.5 per cent to a four-week low during trading, with the mining sector leading the decline as sentiment sours.

AAP

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The Guardian - AU

ABC boss hits out at ‘vicious attacks’ on Tingle – as it happened

This blog is now closed.

International Business Times

Why UK Major Firms Are Facing Takeover Attempts?

Mining giant Anglo American, cyber security firm Darktrace and Royal Mail parent IDS -- three major UK companies in the midst of big takeover bids.

International Business Times

BHP Asks For More Time To Explore Anglo American Takeover

A core part of BHP's plan is splitting off Anglo's platinum holdings in South Africa, a politically sensitive move that has stirred government opposition ahead of the country's general election Wednesday.

The Guardian - UK

Royal Mail and Anglo American shareholders braced for final takeover offers

Deals this month could see two of the UK’s most prominent companies fall into foreign ownership

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AAP

Super funds giving a green light to 'climate wreckers'

Superannuation funds have come under fire for doubling down on their investments in fossil fuels while cutting half a billion dollars from green energy funding.

AAP

Aust shares fall after hawkish Federal Reserve minutes

The ASX200 has dropped 0.5 per cent after US Federal Reserve minutes showed some officials were willing to raise interest rates.

AAP

Coal super tax to be legislated, 'protecting' royalties

Deputy Premier Cameron Dick has ensured future modifications to a Queensland super tax on coal royalties will require legislative changes.

The Guardian - UK

Anglo American rejects BHP’s third takeover offer of £38.6bn

Australian firm says £31.11 a share is its final offer, but FTSE 100 miner agrees to enter talks with larger rival

International Business Times

Platinum Loses Shine Amid BHP's Vast Anglo Bid

Platinum prices are rising due to tight supplies although the metal has fallen out of favour as miner Anglo American seeks to offload assets and fight a vast takeover bid from Australian rival BHP. The metal is used in the manufacture of catalytic converters for high-polluting petrol engines -- but…

International Business Times

Crunch Time Looms For BHP's Bid To Buy Anglo American

Any deal between two of the world's largest resources companies would fundamentally reshape the sector, with far-reaching consequences for commodities markets and the global energy transition.

Top News

Anglo American Implements Hiring Freeze As Part Of Revamp

Anglo American's strategic hiring freeze signals a transformative revamp in the mining industry, emphasizing efficiency and sustainability.

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