Dhilmar struck a deal to buy Anglo American’s coal mines in Australia for up to about $3.9 billion in cash, with completion anticipated by early 2027, subject to regulatory approvals and other conditions. The deal follows Anglo American's broader exit from steelmaking coal, to simplify its portfolio ahead of a merger, and also includes several Queensland mines and a company town transfer at Middlemount. In addition, Dhilmar is reported to acquire 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
Newmont 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.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.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...
uk.marketscreener.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.comDhilmar acquires Anglo American's $5.4B Queensland coal mines as major miners exit steelmaking coal assets.
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