Dhilmar struck a deal to buy Anglo American’s portfolio of steelmaking coal mines in Australia for up to about $3.9 billion in cash, set to close by early 2027, pending regulatory clearances and conditions. This sale accompanies Anglo American’s retreat from steelmaking coal, as part of a portfolio simplification ahead of a merger, and includes several Queensland mines plus a company town transfer, Middlemount. Dhilmar is also reported to buy Newmont's Éléonore mine in Canada for $795 million, expected to close in early 2025, marking Dhilmar's involvement in strategic asset reshuffles in both regions.
Sources
US-based gold miner Newmont has signed an agreement to sell its Éléonore underground gold mine in Quebec, Canada, to UK-based private mining company Dhilmar for $795m in cash.
www.mining-technology.comDhilmar Ltd agreed to acquire Portfolio of steelmaking coal mines in Australia from Anglo American plc for $3.9 billion on May 18, 2026. A total cash consideration of up to $3.875 billion, comprises...
www.marketscreener.comNewmont Corporation has unveiled plans to sell its Éléonore gold mine in Northern Quebec, Canada, to the newly established UK-based private mining firm Dhilmar Ltd. The deal, valued at $795 million i
business-news-today.comDhilmar acquires Anglo American's $5.4B Queensland coal mines as major miners exit steelmaking coal assets.
meyka.comAnglo American PLC on Monday struck a deal to sell its portfolio of steelmaking coal mines in Australia to Dhilmar Ltd for up to USD3.88 billion in cash. The London-based mining house said Dhilmar...
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