Woodside Petroleum Ltd. is poised to extend the past month’s 11 percent gain in Sydney trading on speculation BHP Billiton Ltd. will make a A$46 billion ($48.5 billion) bid for the Australian oil and gas producer.
About 15,000 striking South African truck drivers will return to work tomorrow after employers agreed to raise wages by at least 10 percent, as gold miners were fired for being part of an unauthorized stoppage.
Bellzone Mining Plc, an iron-ore producer in Guinea that sells to Glencore International Plc, slumped to a record low in London trading after trimming an output forecast at its Forecariah mine in the African nation.
AngloGold Ashanti Ltd. would make a “seamless” transition if it chose Srinivasan Venkatakrishnan, its finance head and joint interim chief executive officer, to lead the third-biggest producer of the metal after gold prices plummeted, according to two analysts.
Glencore International Plc, the largest publicly traded commodities supplier, has expressed an interest in acquiring Canada’s biggest grain handler Viterra Inc., according to a person familiar with the situation.