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mining combining

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kempiejon
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mining combining

#666527

Postby kempiejon » May 29th, 2024, 4:49 pm

BHP and Anglo American, as noted on other boards are not going to make a union.
I sold my Anglo a few days before the announcement as a bit of tidying up so missed on the fun of speculation pushing prices about a bit. Both miners have reduced the income as is their cyclical want.


edit WDS/Wood group confusion deleted

idpickering
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Re: mining combining

#666568

Postby idpickering » May 30th, 2024, 1:32 am

kempiejon wrote:BHP and Anglo American, as noted on other boards are not going to make a union.
I sold my Anglo a few days before the announcement as a bit of tidying up so missed on the fun of speculation pushing prices about a bit. Both miners have reduced the income as is their cyclical want.


edit WDS/Wood group confusion deleted


Thanks for your opening post on this. I should’ve provided a link to that item here yesterday, as I know some here may well hold them and be interested. I hold neither and only hold RIO in that sector.

Ian.

idpickering
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Re: mining combining

#666572

Postby idpickering » May 30th, 2024, 5:32 am

Further to my last, the matter was highlighted in this RNS by BHP;

BHP Group Ltd (BHP) confirms that it does not intend to make a firm offer for Anglo American plc (Anglo American).


https://www.investegate.co.uk/announcem ... an/8229363

And posted on the AAL and BHP Company News Boards here; viewtopic.php?p=666524#p666524 and here; viewtopic.php?p=666525#p666525

Ian (No holdings).


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