Anglo 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 ...

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 ...

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% ...

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 it’s weighing further cuts to diamond production as the industry is hamstrung by weak Chinese demand and too much supply.. The mining behemoth, which intends to sell or ...

LONDON—Mines producing some of the world’s most coveted diamonds, copper and more are in play as Anglo American AAL-0.94%decrease; red down pointing triangle weighs a $39 billion takeover bid ...

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 ...

Mining is about splitting things apart to isolate the valuable bits. So is a big part of mining giant BHP’sBHP-1.01%decrease; red down pointing triangle proposed takeover of Anglo American AAL 2 ...

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 ...