Edition:
India

Barbara Lewis

Hedge fund Odey to vote against Anglo's 'unfair' 405 million stg Sirius bid

19 Feb 2020

LONDON Hedge fund Odey Asset Management said it would oppose Anglo American's 405 million pounds ($526 million) bid to acquire a huge fertilizer project from Sirius Minerals , saying the terms do not represent fair value.

GFG Alliance to invest 2 billion euros in European steel operations

19 Feb 2020

LONDON British-based conglomerate GFG Alliance will invest 2 billion euros ($2 billion), mostly in Romania and the Czech Republic, to modernize its emissions-heavy European steel plants and boost production, it said on Wednesday.

Anglo American likely to confirm deal to buy Sirius ahead of deadline: sources

15 Jan 2020

LONDON Anglo American Plc is likely to confirm a deal to buy fertilizer company Sirius Minerals Plc for more than $500 million excluding debt, ahead of an early February deadline to finalise its bid, three sources close to the matter said.

Anglo American in talks to buy Britain's biggest mine project

08 Jan 2020

Global miner Anglo American Plc is in advanced talks to buy fertiliser company Sirius Minerals for about 386 million pounds ($507 million), throwing a potential life-line to Britain's biggest mining project.

Exclusive: Canada's First Quantum weighs $1 billion Zambian copper mine expansion - document

04 Jan 2020

TORONTO/LONDON Canadian miner First Quantum Minerals Ltd is weighing investment of around $1 billion (764.2 million pounds) to lift output at Africa's biggest copper mine in Zambia, a company document seen by Reuters showed, despite a feud with state miner ZCCM-IH over project funding.

Endeavour, Centamin gold merger prospect inches closer

16 Dec 2019

LONDON Gold miners Endeavour and Centamin have agreed to assess the feasibility of a merger, following a weekend meeting between top managers of the two companies, Endeavour said on Monday, driving Centamin's share price higher.

ArcelorMittal aims for 30% cut in emissions in Europe by 2030

13 Dec 2019

LONDON The world's biggest steelmaker ArcelorMittal announced plans on Friday to cut emissions by 30% at its European operations by 2030, two days after the European Union laid out its program to be carbon neutral by 2050.

Top gold sector investor demands more action on carbon emissions

11 Dec 2019

LONDON, Dec 11 Reuters) - South Africa's biggest money manager has written to 22 gold mining companies asking them to disclose data on the emissions they cause, adding to pressure on the resources sector to tackle climate change.

GFG agrees to buy Duffel aluminum plant in Belgium from Novelis

06 Dec 2019

LONDON GFG Alliance, owned by British commodities tycoon Sanjeev Gupta, has agreed to buy the Duffel aluminum plant in Belgium from Novelis, the group said on Friday.

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