Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.This morning, Concho Resources Inc. announced it will acquire RSP Permian Inc. in a US$9.5 billion all-stock deal. The transaction is the largest US upstream M&A deal since 2012 and the largest purely Permian deal ever.Concho will...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.This morning, Concho Resources Inc. announced it will acquire RSP Permian Inc. in a US$9.5 billion all-stock deal. The transaction is the largest US upstream M&A deal since 2012 and the largest purely Permian deal ever.Concho will...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.This morning, Concho Resources Inc. announced it will acquire RSP Permian Inc. in a US$9.5 billion all-stock deal. The transaction is the largest US upstream M&A deal since 2012 and the largest purely Permian deal ever.Concho will...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.This morning, Concho Resources Inc. announced it will acquire RSP Permian Inc. in a US$9.5 billion all-stock deal. The transaction is the largest US upstream M&A deal since 2012 and the largest purely Permian deal ever.Concho will...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.This morning, Concho Resources Inc. announced it will acquire RSP Permian Inc. in a US$9.5 billion all-stock deal. The transaction is the largest US upstream M&A deal since 2012 and the largest purely Permian deal ever.Concho will...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.This morning, Concho Resources Inc. announced it will acquire RSP Permian Inc. in a US$9.5 billion all-stock deal. The transaction is the largest US upstream M&A deal since 2012 and the largest purely Permian deal ever.Concho will...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.This morning, Concho Resources Inc. announced it will acquire RSP Permian Inc. in a US$9.5 billion all-stock deal. The transaction is the largest US upstream M&A deal since 2012 and the largest purely Permian deal ever.Concho will...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.This morning, Concho Resources Inc. announced it will acquire RSP Permian Inc. in a US$9.5 billion all-stock deal. The transaction is the largest US upstream M&A deal since 2012 and the largest purely Permian deal ever.Concho will...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.This morning, Concho Resources Inc. announced it will acquire RSP Permian Inc. in a US$9.5 billion all-stock deal. The transaction is the largest US upstream M&A deal since 2012 and the largest purely Permian deal ever.Concho will...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.This morning, Concho Resources Inc. announced it will acquire RSP Permian Inc. in a US$9.5 billion all-stock deal. The transaction is the largest US upstream M&A deal since 2012 and the largest purely Permian deal ever.Concho will...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.This morning, Concho Resources Inc. announced it will acquire RSP Permian Inc. in a US$9.5 billion all-stock deal. The transaction is the largest US upstream M&A deal since 2012 and the largest purely Permian deal ever.Concho will...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.This morning, Concho Resources Inc. announced it will acquire RSP Permian Inc. in a US$9.5 billion all-stock deal. The transaction is the largest US upstream M&A deal since 2012 and the largest purely Permian deal ever.Concho will...Read More
It's not a big deal; only around $350m, but the Oz Minerals bid for Avanco Resources is another sign that quality assets can command a premium in a copper market hungry for new supply.Glencore owns 8% which sets up the tantalizing, albeit slim, prospect of a counter offer from the world's number three copper producerOz Minerals' cash and shares offer on Tuesday was made at a 121% premium to the ru...Read More
BEIJING, March 27 (Reuters) - Chinese miner and metals trader Jinchuan Group International Resources Co Ltd said on Tuesday its 2017 net profit was almost five times bigger than a year earlier due to higher cobalt and copper prices.Jinchuan, which operates the Ruashi copper and cobalt mine in the Democratic Republic of Congo and the Chibuluma copper mine in Zambia, posted net profit of $41.6 milli...Read More
Mining giant Rio Tinto (ASX, LON:RIO) has agreed to sell its Kestrel coal mine in Australia to private equity manager EMR Capital and Indonesian coal company Adaro Energy, in a deal worth $2.25 billion.The transaction makes of Rio Tinto the first major miner to exit the coal industry, and comes only a week after it announced the $1.7 billion-sale of its Hail Creek Mine, also in Australia, to Glen...Read More
Canada's Copper Mountain Mining (TSX: CMMC) has obtained shareholder approval for its planned acquisition of Australian junior Altona Mining (ASX:AOH) in a deal worth A$93 million, or about $71m at today's rates.Under the agreement, each Altona share will be exchanged for 0.0974 Copper Mountain shares, which equates to a 41.7% premium based on closing prices at the time of both companies first...Read More
Vedanta, the London-listed natural resources company controlled by one of India's richest men, said Tuesday it was shutting its copper smelting operations in the south of the country, for a 15-day planned maintenance.The halt, originally scheduled for April, comes amid local media reports of massive protests around the smelter and even in front of the home of Vedanta's chief executive Anil Agarwal...Read More
Investing.com - Gold prices turned lower on Monday, pulling away from five-week highs after reports that the U.S. and China had started negotiations over escalating trade tensions eased fears over a possible all-out trade war.Gold futures for April delivery on the Comex division of the New York Mercantile Exchange were down $4.5 or 0.33% to $1,345.4 a troy ounce by 04:19 AM ET (08:19 GMT).Gold pri...Read More
(Adds company news items, futures)March 26 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 22 points lower at 6,900 on Monday, according to financial bookmakers, with futures FFIc1 0.1 percent lower ahead of the cash market open.* ROLLS-ROYCE: Britain's Rolls-Royce RR.L said its Trent 7000 engines which power the Airbus A330neo jet are not affected by the issues with the Trent 1000 engi...Read More
The Oreninc Index fell in the week ending March 23rd, 2018 to 26.70 from an updated 52.33 a week ago as financings once again dried to a trickle.The week was full of news that was generally positive for gold led by the US Federal Reserve's latest monetary policy decision that confirmed the long-expected interest rate increase, but more importantly, the Fed indicated that it will only make three ra...Read More