-
Copper Is A Hot Commodity: Bidding War for Anglo American May Emerge After BHP's 'Low Ball' Offer — 'Let The Games Begin'
Thursday, April 25, 2024 - 5:53pm | 1164Australian multinational miner BHP Group's (NYSE:BHP) nearly $40 billion bid for rival Anglo American (OTC: NGLOY) may not be enough to acquire the company as other diversified miners will probably make rival bids amid the global scramble for copper assets. After completing a $6.4 billion...
-
Rio Tinto, Saudi Arabia's Manara Emerge As Likely Bidders For First Quantum's Zambian Assets: Report
Thursday, April 18, 2024 - 11:39am | 475Rio Tinto (NYSE:RIO) and Saudi Arabia’s Manara Minerals Investment are reportedly interested in buying First Quantum Minerals‘ (OTCPK: FQVLF) Zambian assets. What Happened: According to Bloomberg News, potential buyers are circling First Quantum-owned assets. In addition to Rio Tinto...
-
First Quantum Exploring Zambian Asset Sales
Tuesday, March 5, 2024 - 10:23am | 489First Quantum Minerals (OTCPK: FQVLF) is exploring the possibility of selling a minority stake in its Zambian copper operations. Following the recent turmoil in the nickel market, the Vancouver, Canada-based company is consolidating its portfolio and focusing on reopening its key asset in Panama....
-
The Challenges Of Conducting Business In Africa: 'We Are Facing Global Competition For Talent'
Sunday, March 5, 2017 - 2:51pm | 1504Conducting business in Africa is usually not a simple endeavor. And, while it is true that each country and each region’s economy is very different from the next, a few things can be said about the continent as a whole and the challenges of conducting business there. Wondering what these...
-
Why Most African Companies Are Not Listed On The NYSE Or Nasdaq: It's All About Valuations
Monday, February 27, 2017 - 10:27am | 1410Africa is a very diverse continent, and so are its countries’ economies. However, they have one thing in common: growth is still ahead of them. Another interesting thing to notice is that companies there serve millions of customers, largely due to the fact that penetration of U.S.-based...
-
Sata's Zambia: A [Copper] Rock And a Hard Place?
Sunday, October 2, 2011 - 9:00pm | 1372From this October's Business Diary Botswana: Zambian President-elect Michael Sata's recent victory over former President Rupiah Banda and his ruling Movement for Multiparty Democracy (MMD) ended two decades of MMD power while concurrently creating a cloud of uncertainty not only for Zambia's mining...