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ThomasBiesheuvel

Stories by ThomasBiesheuvel

Deals

China’s Zijin Mining to buy Canada’s Continental Gold for $1b

The Chinese firm has been making deals across the world to bolster its exposure to gold and copper.

Deals

India: Arcelor, Resurgent said to evaluate joint bid to acquire Essar Power plant

Arcelor had previously made a non-binding offer of $690 million for the asset.

Deals

EMR Capital, Indonesia’s Adaro buy Rio Tinto’s last coal mine for $2.25b

The latest deal follows Rio’s earlier announcements that it’ll offload coal assets to Glencore Plc for $1.7 billion in cash and also sell an undev

Deals

Billionaire Anil Agarwal’s Volcan secures 11.4% stake in Anglo American

Agarwal said that the investment was in a personal capacity.

IPOs & Markets

ArcelorMittal to raise $3b from investors, sell $1b stake in Gestamp to combat industry slump

The stock fell as much as 11 percent, the biggest intraday drop since Dec. 2, to 3.3 euros and traded 6.6 percent lower at 3.445 euros by 11:06 a.m. i

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