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Investors expect BHP to lift Anglo American offer again
Published: 14 May 24
BHP is likely to sweeten its $43-billion takeover offer for Anglo American for a second time and possibly add cash, investors in both companies said on Tuesday, after the London-headquartered target rejected a higher bid.
Anglo said the improved all-share offer, up 10% from BHP's initial proposal, continued to significantly undervalue the company.
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Investors expect BHP to lift Anglo American offer again
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Buxton acquires Arizona manganese exploration project
Published: 14 May 24
Australia-listed Buxton Resources on Tuesday announced an agreement to acquire a manganese brownfields exploration project in Arizona, US.
The Matrix manganese project, in Mohave county, is adjacent to the Artillery Peak project, which has a resource of 277-million tonnes at 2.8% manganese.
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Buxton acquires Arizona manganese exploration project
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Glencore Coal launches Australia apprenticeship progamme
Published: 14 May 24
Glencore Australia has announced the opening of its 2025 apprenticeship programme for applications, inviting aspiring candidates to apply for an opportunity or skills development and hands-on experience in the coal industry in New South Wales and Queensland.
Scheduled to kick off in January, the programme promises a blend of hands-on learning, industry exposure and avenues for career growth, says Glencore Coal human resources manager Stella De Best.
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Glencore Coal launches Australia apprenticeship progamme
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Analysts highlight concerns over valuation, regulatory hurdles in BHP-Anglo proposal
Published: 14 May 24
The rejection – for the second time – of BHP’s attempt to propose a deal with Anglo American underscores the concerns that continue to persist regarding value and regulatory hurdles in the proposed transaction.
Responding to the latest developments in the BHP-Anglo takeover, CreditSight analysts Wen Li and Michael O’Brien assert that the revised bid price proposal still falls short of reflecting Anglo’s value.
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Analysts highlight concerns over valuation, regulatory hurdles in BHP-Anglo proposal
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Queensland Premier says nuclear will cost jobs
Published: 14 May 24
Queensland Premier Steven Miles has strongly opposed the Liberal Party’s proposition to introduce nuclear reactors in the northern regions of the state, asserting that such a move is “recipe for a cost-of-living meltdown”.
“Nuclear is the most expensive option,” Miles said in a joint statement with Energy and Clean Economy Jobs Minister Mick de Brenni.
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Queensland Premier says nuclear will cost jobs
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Peru zinc miner Volcan to avoid debt haircut, new owner says
Published: 14 May 24
Volcan Cia Minera plans to make a series of debt payments through August and to refinance later obligations without imposing losses, said the head of its new controlling shareholder, dismissing speculation over a default or restructuring at the Peruvian zinc miner.
“Absolutely, categorically no haircut is necessary,” said Jose Luis Manzano, the head of Integra Capital. “It’s just changing the maturities and that’s it. The future cash flow doesn’t justify a haircut.”
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Peru zinc miner Volcan to avoid debt haircut, new owner says
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Green energy presenting South Africa with massive reindustrialisation chance – Nedbank
 Published: 13 May 24
Green electrons and green molecules are presenting South Africa with a massive opportunity to reindustrialise, Nedbank CIB head of infrastructure, energy and telecommunications Mike Peo told the Green Hydrogen Roundtable on Monday. “We have an opportunity for South Africa to completely reindustrialise, to start building up our industrial base that we have lost over the last ten to 15 years,” was Peo's inviting message at the event addressed by the Chemical Industries Education & Training Authority (CHIETA) CEO Yershen Pillay, as well as by Higher Education and Training Department deputy director-general Zukile Mvalo. (Also watch attached Creamer Media video.)
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EWSETA, partners to advance women in electrical, renewable energy fields in Limpopo
Published: 13 May 24
The Energy and Water Sector Education and Training Authority (EWSETA), the US Agency for International Development (USAID) – in support of Power Africa, a US government-led partnership – and the United Nations Development Programme (UNDP) South Africa, launched Phase 2 of the Just Energy Transition (JET) Technical Training for Women in Electrical and Renewable Energy Programme, in Limpopo, on May 10. Women electricians and artisans in Limpopo will receive specialised technical training at seven technical and vocational education and training (TVET) colleges in the province.
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UJ becomes Project Management Institute’s first academic partner
Published: 13 May 24
The Project Management Institute (PMI) has announced the addition of the University of Johannesburg (UJ) to its list of authorised training partners (ATP). With this, UJ becomes PMI’s first academic ATP in South Africa to offer PMI Construction Professional (PMI-CP) certification training.
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Weekend’s geomagnetic storm was the strongest to hit South Africa in over 20 years
Published: 13 May 24
The solar storm which hit Earth on Friday and Saturday was the most severe to affect South and Southern Africa in 21 years, the South African National Space Agency (SANSA) has reported. The SANSA Space Weather Centre, located at the SANSA Space Science facility in Hermanus, in the Western Cape, issued a G5 geomagnetic storm warning, as well as several G4 warnings, over the period of the event. G5 is the highest rating on the international scale, and signals an extreme storm. It was the first ...
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