Dhilmar struck a deal to buy Anglo American’s coal mines in Australia for up to about $3.9 billion in cash, with completion expected by early 2027, pending regulatory clearances and conditions. The deal follows Anglo American's broader exit from steelmaking coal, to simplify its portfolio ahead of a merger, and includes several Queensland mines plus a company town transfer, Middlemount. In addition, Dhilmar is reported to acquire Newmont's Éléonore mine in Canada for $795 million, with completion anticipated in early 2025, highlighting Dhilmar's role in strategic asset reshuffles in North America and Australia.
Sources
Dhilmar acquires Anglo American's $5.4B Queensland coal mines as major miners exit steelmaking coal assets.
meyka.comUS-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.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.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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dhilmar.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...
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