The Los Angeles Post
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Today: April 07, 2025
Today: April 07, 2025
Felix  Njini

Felix Njini

Staff Writer

Latest From Felix Njini

Africa|Business|Economy

Congo weighs cobalt export quotas to revive prices amid supply glut

The Democratic Republic of Congo is considering introducing cobalt export quotas as the world's biggest supplier of the battery metal seeks to

Congo weighs cobalt export quotas to revive prices amid supply glut
Africa|Business|Economy|World

China's Norinco sweetens bid for Congo copper mines as deal stalls, sources say

China North Industries Corp, known as Norinco, has offered to adjust its offer to buy copper and cobalt assets owned by Chemaf SA by raising the Congo

China's Norinco sweetens bid for Congo copper mines as deal stalls, sources say
Business|Economy|Europe|Finance|Stock Markets

Anglo writes down De Beers, pressing on with business overhaul

Anglo American posted a $3.1 billion loss on Thursday after a writedown of its De Beers diamond business, as it presses on with shedding unwanted

Anglo writes down De Beers, pressing on with business overhaul
Africa|Business|Economy|Technology

Africa's big copper countries set their sights on the profits of trade

Africa's biggest copper producers, the Democratic Republic of Congo and Zambia, are working on deals to gain exposure to metal trading

Africa's big copper countries set their sights on the profits of trade
Business|Finance

As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets

BHP Group can't cherry pick Anglo American assets without paying a hefty premium, Anglo investors told Reuters, concerned that they

As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets
Business|Europe|Finance|Stock Markets

Glencore studying an approach for Anglo American, sources say

Commodities group Glencore is studying an approach for Anglo American, two sources said, a development that could spark a bidding war

Glencore studying an approach for Anglo American, sources say
Business|Finance

Anglo leaves door open to engage with BHP after spurning third offer

Anglo American has agreed to a one-week extension for BHP Group to make a binding takeover offer, it said on Wednesday, after rejecting a third

Anglo leaves door open to engage with BHP after spurning third offer
Africa|Business|Economy|Finance|News|Stock Markets

Battle for Anglo's copper assets tests BHP's resolve as deadline looms

BHP's resolve to add more copper to its portfolio will be tested by Anglo American investors' demands for a simpler offer for the whole

Battle for Anglo's copper assets tests BHP's resolve as deadline looms
Business|Finance

BHP and Anglo dig in even as takeover talks deadline nears, sources say

BHP was struggling to find common ground with Anglo American on Tuesday in talks over its takeover offer, with no new concessions as a

BHP and Anglo dig in even as takeover talks deadline nears, sources say
Africa|Business|Economy|Finance|Stock Markets

How a rattled South Africa became Anglo's best defence against BHP bid

Days after miner BHP launched its takeover bid for rival Anglo American in April, the CEOs of both headed for South Africa, where a

How a rattled South Africa became Anglo's best defence against BHP bid
Business|Finance

BHP walks away from $49 billion pursuit of mining rival Anglo

Mining group BHP Group on Wednesday walked away from its $49 billion plan to take over rival Anglo American,

BHP walks away from $49 billion pursuit of mining rival Anglo
Business|Europe

Anglo American has sought fertiliser partners for months, says CEO

Anglo American has been looking for partners for its fertiliser project in North Yorkshire for around six months, Chief Executive Duncan Wanblad told

Anglo American has sought fertiliser partners for months, says CEO
Business|Environment|Finance

Glencore to keep coal assets and stick with London listing

Glencore will keep its coal business after securing backing from a majority of its investors who see lucrative earnings from the fossil

Glencore to keep coal assets and stick with London listing
Business|Economy|Europe|Finance|Stock Markets

Mining industry struggles with valuation gap amid shift to copper

Leading mining companies are struggling to balance investor expectations for hefty returns with paying the necessary premiums to buy pure play copper

Mining industry struggles with valuation gap amid shift to copper
Business|Finance

Can Anglo's copper pivot help thwart renewed takeover bid?

The speed at which Anglo American shifts to becoming a copper-focused miner may well dictate its ultimate fate - survival as an independent operator, or

Can Anglo's copper pivot help thwart renewed takeover bid?
Business|Economy|Finance|Stock Markets

Lure of Anglo's copper mines could test BHP's spending resolve

BHP, the world's biggest miner, would need to offer a minimum 40% premium over Anglo American's share price to make a renewed takeover bid now

Lure of Anglo's copper mines could test BHP's spending resolve

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