Latest Commodity markets News

Mining giant BHP Billiton makes $39 billion bid for Anglo American to expand copper operations

Apr. 25, 2024 14:20 PM EDT

LONDON (AP) — Shares in U.K.-based mining giant Anglo American surged Thursday after it received a 31 billion-pound ($39 billion) takeover approach from rival BHP Billiton, a deal that would create the world’s biggest copper miner, with around 10% of global output — a hugely lucrative market...