As he prepares to step down after six years at the helm of BHP, Mike Henry joins Francine Lacqua to discuss the future of mining, the race for critical minerals and leadership lessons that shaped his tenure. Henry explains why copper has become one of the most strategic resources, how artificial intelligence and the energy transition are transforming demand and why BHP walked away from its pursuit of Anglo American. (Source: Bloomberg)

A consortium led by De Beers’s former boss Gareth Penny is leading the race to buy the world’s biggest diamond miner after the Iran war hampered other bidders, according to people familiar with the matter.

Anglo American Plc agreed to sell its steelmaking coal mines in Australia to Dhilmar Ltd. for as much as $3.88 billion in cash, as the mining company continues to reshape its business.

Anglo American Plc has at least three potential buyers for its Australian steelmaking coal business after a sale to Peabody Energy Corp. was derailed last year following a fire at one of the mines.

Botswana is holding to its ambition of buying a controlling stake in De Beers from Anglo American Plc, potentially dampening interest from some private investors looking to acquire the diamond giant.

Anglo American Plc took yet another writedown on its struggling De Beers unit as one of the diamond industry’s deepest ever crises continued to weigh on the miner’s profits.

Teck Resources Ltd. — the Canadian miner being acquired by Anglo American Plc — reported a jump in earnings aided by higher copper prices, while reaffirming output guidance including at the Quebrada Blanca mine.

BHP Group’s bold bid to buy rival Anglo American Plc in 2024 was supposed to set it up as the clear winner in a copper boom it had long predicted. Two years later, the copper market is indeed booming. And yet the world’s biggest miner is left sitting on the sidelines of an M&A frenzy it began.

BHP Group Ltd.’s top boss said he’s moving on after the company’s aborted attempt to buy Anglo American Plc, preferring instead to focus on its copper projects and opportunities in Canada.

The Canadian government has approved Anglo American Plc’s acquisition of Teck Resources Ltd., helping to clear the way for the creation of a $50 billion metals giant focused on copper mines in Chile and Peru.

Anglo American has climbed 80% since plunging two years ago, and is now on the brink of a transformational deal.

Anglo American Plc and Teck Resources Ltd. shareholders voted in favor of the two companies combining, clearing a key step toward the creation of a $50 billion metals producer focused on copper mines in Chile and Peru.

Anglo American Plc has withdrawn a resolution on executive incentives, the day before shareholders vote on its takeover of Teck Resources Ltd.

Glencore Plc said it would seek to keep an equal share of its copper joint venture with Anglo American Plc in Chile should it merge with a neighboring mine owned by Teck Resources Ltd. after the two rivals combine operations.

BHP Group offered around £40 billion ($53 billion) in its now-aborted attempt to acquire Anglo American Plc,  according to people with knowledge of the matter.

The Canadian government has cleared Anglo American Plc’s proposed takeover of Teck Resources Ltd. on national security grounds, the Globe and Mail reported, removing one hurdle for the two companies to combine.

Last Thursday night, the world’s biggest miner made a brazen attempt to gatecrash one of the industry’s biggest-ever deals. Yet just three days later, the bid was already dead.

Until now, the mining giant had been insisting its own operations would give it the heft it needed.

US equity futures rise ahead of a week of key economic data as traders increase their bets on a December rate cut. US State Secretary Marco Rubio, President Volodymyr Zelenskiy's top aide and European officials express optimism and progress around a peace deal. BHP walks away from its takeover bid for Anglo American again after making a new approach, which Anglo is said to have rejected. Lauren Van Biljon of Allspring looks ahead to the data scheduled to be released this week. (Source: Bloomberg)

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. Today's guests: Fabricio Bloisi, Prosus and Naspers Group CEO & Neil Wilson, Saxo UK Investor Strategist (Source: Bloomberg)