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Mick Davis

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Commodities in demand as battered dollar keeps on diving

16.11.09
A new lurch downwards in the value of the ailing dollar was the signal for another rush for commodities, such as metals and oil and gold ... more

Commodities in demand as battered dollar keeps on diving

16.11.09
A new lurch downwards in the value of the ailing dollar and news of better-than-expected GDP in Japan signalled another rush for commodities, such as metals and oil and gold ... more

Xstrata boss in shares sell-off

13.11.09
Xstrata boss Mick Davis was in the money today after offloading a massive stake in the mining giant ... more

Victory for Anglo as Xstrata ditches mega-merger plan

15.10.09
The blockbuster mining merger that never quite happened was finally called off today as ultra-acquisitive Xstrata removed its tanks from the lawn of Anglo American ... more

Xstrata suffers 68% fall

04.08.09
The boss of mining giant Xstrata said today his company needs to go ahead with a proposed £40 billion merger with Anglo-American if it is to properly compete with the titans of the global mining industry ... more

Investors alerted that water companies are to cut divis

04.08.09
Goldman Sachs is the latest broker to warn of future dividend cuts following publication of the water industry regulator Ofwat’s draft tariff proposal for the next five years ... more

Anglo’s own dinosaur takes a bite at woman chief

09.07.09
Mining companies regularly have to halt operations when they come across the fossilised remains of some creature from millions of years ago, but Xstrata's £23 billion bid to merge with rival Anglo American has brought a real dinosaur to the surface ... more

City Spy: Busson's Ark sails through the storm

06.07.09
London's hedge fund community may have had a torrid time last year but at least its favoured charity, Arki Busson's ARK (or absolute return for kids), has shown the way in moneymaking. In the year to August 2008, its income rose from £32.7 million to £40.2 million. Furthermore, hedge fund turmoil is not expected to affect the levels of pledges. ARK acknowledges that "the level of outstanding donor pledges is considered to be one of the charity's key risks" but that all funding pledges "due for payment have been received to date." So hats off to the generous hedgies and let's hope that spirit continues.... more

Xstrata pressures Anglo to accept merger deal

24.06.09
Mining giant Xstrata piled the pressure on the management of Anglo American after this week's rebuff of a £40 billion merger proposal... more

South Africa blocks £40bn Xstrata move on Anglo

23.06.09
The move on Anglo American by Xstrata to create a £40 billion global mining giant to rival BHP Billiton and Rio Tinto appeared doomed after the South African government said it would block it... more

BA dives on bailout talk

22.06.09
British Airways shareholders rushed for the emergency exits today, fretting that the airline could need state aid to prevent it coming crashing down... more

Secretive Glencore targets huge London listing

19.06.09
The London Stock Exchange could see one of its biggest ever flotations after it emerged that the giant Glencore commodities house is looking to come to market... more

Craven gives the Panel a well-deserved beating

05.02.09
Sir John Craven is the man who capped a long, distinguished City career by taking on the poisoned chalice marked Lonrho, drinking the contents — and surviving... more

Xstrata’s rights ‘giveaway’ as Cookson seeks a cash boost

29.01.09
Finance: Mining group Xstrata have unveiled a massively discounted £4.1 billion rights issue to cut its debts, while engineer Cookson launched a £240 million cash call in an indicator of the depth of the economic downturn... more

Darling must take his chance to break free

30.10.08
Alistair Darling must have known that becoming Chancellor in spring 2007 was a hospital pass... more

Market turmoil scuppers Xstrata’s £5bn Lonmin bid

01.10.08
Mining: Financial market turmoil has scuppered Xstrata's £5 billion bid for platinum miner Lonmin... more

Xstrata in £5 billion bid for platinum producer Lonmin

06.08.08
London-listed miner has built an 8% stake in the company and is offering £33 a share in cash... more

Xstrata chief's £4.5m bonanza

04.04.08
Mick Davis collected a £4.5 million pay package last year... more

Xstrata plunges as £45bn Vale tie-up talks collapse

26.03.08
Mining giant Xstrata's shares crash 12% as £45bn takeover talks collapse... more

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