News
Hosted on MSN1y
Anglo American eyes selling coal, platinum, diamond businesses to stave off BHP takeover - MSNAnglo American (OTCQX:AAUKF) has unveiled a major shakeup of the company on Tuesday, which includes selling its steelmaking coal, platinum, nickel and diamond mining businesses, as the British ...
Anglo American has reported a 5 per cent increase in output for 2017, helped by a new diamond mine. “We have delivered another strong operating performance in 2017,” said chief executive Mark ...
Mining giant Anglo American has cut forecasts for its rough diamond output over the next two years, as demand for the stones continues to wane. The FTSE 100 group is planning to sell or spin off ...
LONDON/TORONTO (Reuters) - De Beers' Gahcho Kue diamond mine in Canada's Northwest Territories is expected to reach full commercial production early next year, Anglo American (AAL.L) said on ...
Anglo American to exit diamond, platinum and coal mining as it fights BHP bid Last Updated: May 14, 2024 at 6:04 a.m. ET First Published: May 14, 2024 at 2:37 a.m. ET Share ...
Copper will make up 60% of Anglo's business after it sells its Australian steelmaking coal assets and nickel mines in Brazil. Copper $ 4.6775 / lb 0.06% Brent Crude Oil $ 62.78 / bbl -0.81% ...
It produced 11% more copper in the first quarter, but its diamond unit De Beers saw output drop by 23% on high inventories. Copper $ 4.826 / lb -0.10% Brent Crude Oil $ 77.01 / bbl 1.17% ...
Commodities have largely been in a bear market over the last decade and the pandemic led energy firms and miners to cut budgets, observes Carl Delfeld, editor of Cabot Global Stocks Explorer.
Anglo American announced it will divest its De Beers diamond holdings. De Beers CEO Al Cook looks forward to guiding the company in the evolving diamond jewelry market.
Anglo American Plc said diamond production rose in the third quarter, as the industry continued to rebound. The company maintained full-year forecasts for most of the commodities it produces ...
Anglo American Stock Is a Diamond in the Rough. 2 Reasons to Buy. The London-based mining company produces copper ore, diamonds, and platinum, but its shares are treated more like lead. It offers ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results