Anglo American‘s (OTC:AAUKF) efforts to sell coal assets have hit a significant setback following a fire at its flagship Grosvenor mine in Queensland, Australia.
Anglo American suffered a potential setback to its plan to sell steelmaking-coal assets after suspending production at the Grosvenor mine in Queensland, Australia, following a fire.
Via Metal Miner Australian mining multinational BHP recently abandoned its bid for London- and Johannesburg listed Anglo American after the target company rejected the latest offer. “While we believed that our proposal for Anglo American…
This week saw BHP’s last attempt to acquire fellow miner Anglo American fail. The negotiations had lasted six weeks, the offer prices were hiked twice, and yet the deal broke down. Because BHP only wanted Anglo’s copper operations. The…
The Mail revealed earlier this month that more than 1,000 roles could be cut at Woodsmith, which is a mammoth fertiliser mine being built under the North York Moors National Park.