Anglo building a brick wall against Agarwal’s potential takeover
Anglo American has hired three investment banks to fend off a potential takeover bid from the billionaire owner of Vedanta Resources, Anil Agarwal.
Anglo American has hired three investment banks to fend off a potential takeover bid from the billionaire owner of Vedanta Resources, Anil Agarwal.
Agarwal, who is also mining giant Anglo American Plc’s biggest shareholder, had been searching for a candidate to lead Vedanta since announcing that former Rio Tinto Group CEO Tom Albanese was stepping down.
Mining bosses gathered at the 2016 Mining Indaba are cautioning that the worst may still be ahead and that companies must adapt to survive.
Zambia’s electricity price hike will ease power shortages that have put pressure on the economy of Africa’s No. 2 copper producer
A bid by some big mining companies to spread the risk of low commodity prices by expanding and diversifying in recent years has turned into a costly failure.
Vedanta Resources is looking to former head of Anglo American Cynthia Carroll to bring know-how on mergers and acquisitions.
Anchor Capital provides a comprehensive market review covering everything you need to know about local and global markets.
Anchor Capital provides a comprehensive market review covering everything you need to know about local and global markets.
To prevent job cuts and mine closures, Zambian president, Edgar Lungu, has appointed a team to end an impasse with mining firms over higher mineral royalties.
Every action breeds reaction. In economics, the response tends to be rapid. As the Government in Zambia is discovering after overplaying its taxation hand.