July
Suitors scramble to get across Anglo’s $7.5b Queensland coal auction
Sharp-nosed suitors are expected to push for the company to take a chunk of the bid value as deferred consideration, tied to Grosvenor’s performance.
- Sarah Thompson, Kanika Sood and Emma Rapaport
June
- Analysis
- Mergers & acquisitions
Global M&A lurches back to life
After a weak 2023, a recent flurry of deals is the latest sign of a revival in activity. But political uncertainty is holding back some takeovers.
- Ivan Levingston, Will Louch, James Fontanella-Khan, Maria Heeter and Antoine Gara
May
GYG heads for ASX | The winner in failed Anglo bid | Invest like a Rich Lister
This week on the Chanticleer podcast, James and Anthony look at Guzman y Gomez’s IPO plans, try to find the winner in BHP’s failed bid for Anglo American, and show you how to invest like a Rich Lister.
- Opinion
- Mining
Why BHP’s pursuit of hot copper went cold
The red metal is the new black. A rebuffed BHP has gone back to the drawing board to plot its next move after Anglo American rejected its request for more time.
- Jennifer Hewett
- Opinion
- Chanticleer
Inside BHP’s failed tilt for Anglo – and what comes next
The post-mortems are under way, but two things are already clear: the tight time frame was never going to be enough, and BHP’s inability to win over Anglo shareholders eventually killed the deal.
- Updated
- James Thomson
BHP abandons $75b bid after Anglo refuses more talks
With less than an hour before a 2am deadline, BHP issued a statement saying it would not make a firm offer, putting any bids on ice for at least six months.
- Updated
- Thomas Biesheuvel
Star’s Hard Rock mystery | What’s driving the Magnificent Seven? | BHP’s Anglo gamble
This week on the Chanticleer podcast, James and Anthony get to the bottom of Star’s Hard Rock mystery, look at what’s behind the Magnificent Seven rally, and wonder whether it will be third time lucky for BHP in its pursuit of Anglo American.
BHP’s Mike Henry traverses the globe by private jet
The mining giant has rented a private jet for its global M&A push on Anglo American.
- Mark Di Stefano
- Opinion
- Critical minerals
Albanese’s troubled critical minerals dream
The Albanese government has high hopes for much more downstream processing of critical minerals. But the numbers aren’t adding up. What can change that?
- Jennifer Hewett
- Opinion
- Mining
BHP is betting self-interest trumps politics on Anglo American
Convincing South Africa’s government its $60 billion takeover bid for the mining multinational is politically palatable is part of BHP’s challenge in a particularly complex deal.
- Jennifer Hewett
April
Regal Private Fund off to a flying start
Around 4 per cent of the fund will now be exposed to the Regal Kilter Water strategy following an Australian Taxation Office tax ruling.
- Sarah Thompson, Kanika Sood and Emma Rapaport
BHP’s bid for Anglo casts cloud over $9b mine
BHP’s takeover proposal of rival Anglo American is throwing uncertainty over the future for Anglo’s massive fertiliser mine in England.
- Jack Ryan
Activist Elliott builds $1b Anglo American stake
The hedge fund led by Paul Singer has built a billion dollar stake in BHP target Anglo American, placing it among its 10 biggest shareholders.
- Crystal Tse, Dinesh Nair and Swetha Gopinath
Anglo’s stumbles made it quarry for mining’s biggest predator
Anglo American once held pride of place on the sharemarket. Now its reputation is in tatters, and BHP is ready to pounce.
- Thomas Biesheuvel
BHP’s Mike Henry breaks bread with Andrew Liveris at Beppi’s
The place was nearly empty, so snippets of Henry and Liveris’ long, relaxed degustation rang through the room of the power diner.
- Updated
- Myriam Robin
June 2023
- Opinion
- Australian economy
When did minerals become a dirty word?
The mining industry must get better at explaining to the public how the world works, and the role resources play in it.
- Mark Cutifani
- Opinion
- World politics
Trump, Johnson and a trial for the rule of law
America and Britain need to show that it really is possible to have a system in which political leaders are held to account – and where the rule of law is a reality not a myth.
- Gideon Rachman
December 2021
Dominic Barton emerges as frontrunner to be next Rio Tinto chairman
Canada’s outgoing ambassador to China and former McKinsey boss is leading the race to be the next chairman of the global miner.
- Updated
- Neil Hume
November 2021
- Opinion
- Energy
Third Point blasts Shell’s efforts to walk the green tightrope
Oil companies have never seemed innovation hotbeds, and have been linked to climate misinformation. Investors have stopped expecting this to change radically.
- Brooke Masters
July 2021
BHP mulls oil exit in retreat from fossil fuels: reports
BHP is considering getting out of oil and gas in a multibillion-dollar exit that would accelerate its retreat from fossil fuels, according to people familiar with the matter.
- Thomas Biesheuvel, Dinesh Nair and Ruth David