The Latest Breaking News from Anglo

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

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…

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.

Rejig is more radical than anything Anglo has tried in recent past but Australian miner could make fresh bid

UK mining company reveals breakup plan in bid to avoid takeover by Australia-based BHP

After rejecting an improved takeover offer worth GBP34 billion ($43 billion) from BHP, which had hoped to create a copper titan, Anglo said it was accelerating plans to simplify the group and reward shareholders in a "radical" revamp.

Complex proposal will need to be backed by a bigger figure to put board under real pressure

Australian mining giant BHP revealed Monday that British rival Anglo American has rejected an "improved" takeover bid worth GBP34 billion ($43 billion) as it aims to create a copper titan.

Australian company says FTSE 100-listed group’s board did not engage with its all-share approach

But such a takeover of London-listed mining firm opposed by politicians and unions in South Africa

Glencore understood to be considering takeover offer while BHP could move again after initial rejection