Fernando Salvetti’s Post

Another Friday afternoon; another piece on rumoured #copper M&A and a resulting share price jump. Bloomberg is at it again, this time with speculation that BHP and/or Vale are considering a bid for Teck Resources Limited. This articles comes hot on the heels of their BHP/Lundin Mining Corporation/Filo Corp. scoop two Fridays ago. Here's the key quote: "[Teck] has indicated privately that it has [..] considered the merits of a combination with a rival, some of the people said" (where "people" = "executives, advisers and bankers familiar with the companies") 🤔 They key assets/stakes attracting bidders will likely be: 🥇 22.75% in world's 6th largest copper mine, Antamina in #Peru (378kt*) 🥈 60% in future top-20 copper producing Quebrada Branca mine in #Chile (295kt* copper) 🥉 The Red Dog Zinc mine in #Alaska (world's largest zinc mine at 540kt* ) * midpoint of company guidance for 2025; 100% output. Full article (pay-wall): https://lnkd.in/egbbFWAX

𝗕𝗛𝗣, 𝗧𝗛𝗘 𝗪𝗢𝗥𝗟𝗗 ‘𝗦 𝗕𝗜𝗚𝗚𝗘𝗦𝗧 𝗠𝗜𝗡𝗜𝗡𝗚 𝗖𝗢𝗠𝗣𝗔𝗡𝗬 𝗪𝗔𝗡𝗧𝗦 𝗧𝗢 𝗕𝗨𝗬 𝗔𝗡𝗚𝗟𝗢 𝗔𝗠𝗘𝗥𝗜𝗖𝗔𝗡 BHP Group Limited , the biggest mining company in the world by market capitalization ,has made a move to acquire Anglo American, De Beers parent company. Anglo American, a diversified mining and metals giant owns 85 percent of De Beers Group, while 15 percent is owned by Government of Botswana. In a statement today Anglo American , headquartered in the United Kingdom ,confirmed that it is has received an unsolicited, non-binding and highly conditional combination proposal from BHP Group Limited (BHP). The proposal comprises an all-share offer for Anglo American by…READ MORE HERE https://lnkd.in/dQ-CeARU

Anglo American Plc plans to exit diamond, platinum, and coal mining in one of the biggest shake-ups in the company’s 107-year history, as the miner seeks to fight off a takeover approach from its bigger rival BHP Group. Anglo said that it plans to demerge or sell its De Beers diamond business, separate its Anglo American Platinum Ltd. unit (based in South Africa) and sell its coking coal mines in Australia. It will also slow spending on a giant fertilizer mine in England. However, South African-based Kumba Iron Ore will continue to be part of the broader Anglo American Group. While Anglo has been working on a turnaround plan since the middle of last year, it’s been forced to accelerate the process after BHP proposed a takeover last month. #BusinessTakeover #BusinessTrends #MiningIndustry #BHPGroup #AngloAmerican #Thesocialtalks

As we look towards the future of the #mining industry, BHP Group Ltd demonstrates a strategic pivot that might reshape the landscape by 2028. 🌏💼 The global mining titan, particularly known for its #ironore production, is now gearing up for a transformation in #potash production ventures. With the Jansen project in Canada expected to yield 4.15 million tonnes per annum by 2026, the company’s future seems tightly interwoven with global supply dynamics. 🚀 #Investors, take note: Analysts are forecasting shifts in revenue and profit margins for BHP by FY28, keying in on its strategic investment in potash amid the volatile iron ore market. 💡 This could signify pivotal changes in investment strategies and dividend prospects for shareholders. Staying attuned to global supply-demand intricacies, BHP's share performance and investor returns by 2028 rest on the triumphant execution of its potash project coupled with enduring iron ore pricing stability.📊 For a comprehensive analysis of what lies ahead for BHP and what it means for the market, read the full article. 👇 Get informed here: https://lnkd.in/gCnX4T-H #BHP #MiningIndustry #StrategicInvestment #GlobalSupply #PotashMarket #FinancialAnalysis #MarketInsights #SharePerformance #UBS #OperationalExcellence

🌟 Breaking News Alert 🌟 Anglo American has announced a fresh $1.6bn writedown on its UK fertilizer mine. This decision comes as a response to the challenging market conditions and demonstrates our commitment to responsible financial management in a volatile landscape. We remain focused on delivering long-term value for our stakeholders and are taking decisive actions to navigate the evolving market dynamics. Our resilience and adaptability in the face of adversity will drive us forward to sustainable success. Stay informed, and join the conversation on the future of the mining industry. #AngloAmerican #MiningNews #FinancialManagement https://ift.tt/xVzlG9g

Amid the rollercoaster of March's market volatility, BHP Group Ltd stood out with its sturdy performance. The titan in the mining industry weathered the commodity price storms well, ending March on a high note with share prices rising by 1.4%. 📈🏗️ As iron ore prices fluctuated, BHP paid out a fully franked interim dividend, bolstering shareholder confidence and rewards. Even as uncertainties loom over China's real estate market, the potential for industrial expansion could stabilize—and possibly boost—iron ore prices, with implications for BHP's future performance. Being one of the lowest-cost producers gives BHP a strategic edge to navigate these market conditions effectively. This resilience is a positive sign for investors, hinting at BHP's robust capacity to not just survive but thrive amidst market challenges. 🔗 Want a deeper dive into BHP’s performance and insights? Read the full analysis here: https://lnkd.in/gS3E-GzQ #BHPLtd #MiningIndustry #StockMarket #MarketVolatility #IronOre #Investing #ShareholderValue

A copy of our September 2023 Quarterly Activities Report can be found below. Commenting on the September Quarter, Managing Director and CEO Matthew Wilcox said: “Over the past three months, we have produced 33,750oz gold. Production is still suffering from the lack of waste stripped during the preproduction period and the ongoing wet season. Our mining contractor has responded strongly and mobilised three additional production excavators and the wet weather is coming to a close. We anticipate higher mining rates for the last quarter of 2023 and increased gold production. "Tietto achieved strong operating cash generation in the September Quarter of A$28M at a significantly lower average head grade than reserve head grade and at milling rates more than 15% below our planned expansion to 5.5mtpa. The updated LOMP we delivered during the quarter demonstrates just how strongly Abujar can perform over a longer timeframe as our mining contractor begins to generate stockpiles enabling grade selection for mill feed. Our management team is focussed on increasing Abujar’s processing capacity through a combination of higher operational efficiencies, increased site crushing capacities, and an overall debottlenecking study to increase the plant throughput rates. Our primary focus must always be safety, and we have initiated additional measures to heighten safe work awareness within our employees and with our mining contractor.” #TIE #Tietto #gold #ASX #ASXNews

Stay Informed with us! At Goldberg Resources, we are committed to keeping you updated on the latest trends in the commodities market. Check out this insightful article from the Investing News Network. This piece by Dean Belder offers a comprehensive look at the top 10 gold-mining companies in 2023 and their impressive performances. Most of the driving factors for the rising gold price are associated with global inflation, geopolitical turmoil, and fears of recession. These factors have pushed the price upwards, reaching up to $2,400 USD per ounce on May 20 of this year. The companies highlighted in this article include Newmont Corporation (TSX, NYSE), Barrick Gold Corporation (TSX, NYSE), Agnico Eagle Mines Limited (TSX, NYSE), POLYUS (LSE, MCX), Navoi Mining and Metallurgical Company (Not listed), AngloGold Ashanti (NYSE, ASX), GOLD FIELDS (NYSE), Kinross Gold Corporation (TSX, NYSE), Freeport-McMoRan (NYSE), and Solidcore Resources plc (formerly Polymetal International plc) Resources (AIX). These companies produced between 50 and 170 tons of gold in 2023. Many of these companies are ramping up production this year, and it will be fascinating to watch their development in the coming years as these economic factors continue to influence the market. Don't miss out—read the full article here: https://lnkd.in/ePADBvr3. Join the conversation: What are your thoughts on the future of gold mining? We'd love to hear your feedback! #GoldMining #IndustryTrends #Investing #GoldbergResources

Investors in the #ASX200 mining sector may need to prepare for a shift in their #dividend strategy 📉. A recent analysis suggests potential cuts, particularly within the iron ore sector. Giants like BHP, Rio Tinto, and Fortescue could face reduced payouts amidst market fluctuations and increased capital expenditures. Factors including the #IronOre market dynamics and obligations from events like the Samarco disaster are reshaping financial projections. While there's potential for a temporary boost in commodity prices, the long-term outlook remains uncertain with new projects on the horizon. What does this mean for shareholders? Diversify your approach and stay vigilant. Now is the time for cautious optimism and strategic planning. Read the full insights here and understand the implications for your investments: https://lnkd.in/gbfdW8j6 #MiningSector #InvestmentStrategy #MarketTrends #FinancialPlanning

#AskUsAnything  https://lnkd.in/dT84KcxW Exciting week amongst the multinational mining behemoths. - Ought to get the conspiracists in a froth: “Big news in the diamond industry! De Beers Group is relocating its Auctions business headquarters from Singapore to Botswana, reinforcing its commitment to developing Botswana’s diamond industry. This move follows the successful relocation of De Beers Global Sightholder Sales to Botswana in 2013. Meanwhile, Anglo American, which owns a majority stake in De Beers, is considering a sale of the diamond group due to underperformance in the global diamond market. The company has cut its 2024 production forecast by 10% and is open to offers from potential buyers. Amidst these developments, Anglo American’s shares surged after receiving a $39 billion takeover approach from rival BHP Billiton. Stay tuned for more updates... #DeBeers #DiamondIndustry #AngloAmerican #BHPBilliton”