Rough diamond sales at Anglo's De Beers rise in third cycle

12th Apr 2023 07:23

(Sharecast News) - Anglo American said on Wednesday that rough diamond sales at its De Beers unit rose in the third cycle of the year.

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UBS upgrades Glencore to 'buy' after recent selloff

20th Mar 2023 12:45

(Sharecast News) - UBS upgraded Glencore to 'buy' from 'neutral' on Monday as it said the risk/reward was now attractive after the recent selloff.

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De Beers second cycle diamond sales hit $495m

8th Mar 2023 08:32

(Sharecast News) - Anglo American's diamond mining business De Beers provisionally sold $495m in rough diamonds in its second sales cycle of 2023, up from $454m in the first cycle.

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Anglo American's bottom line hit by cost headwinds, lower production volumes

23rd Feb 2023 07:23

(Sharecast News) - Anglo American posted a big decline in full-year sales with profits and free cash flows faring even worse.

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Anglo American PGM boss heads to Newmont

15th Feb 2023 07:18

(Sharecast News) - Anglo American said Natascha Viljoen, head of its 79%-owned subsidiary Anglo American Platinum has decided to join US-based miner Newmont as chief operating officer.

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Anglo American to buy minority stake in Canada Nickel

8th Feb 2023 13:43

(Sharecast News) - Anglo American said on Wednesday that it has agreed to buy a 9.9% minority interest in Canada Nickel, which owns the Crawford nickel project in Ontario, for an undisclosed sum.

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Copper output boosts production at Anglo American

2nd Feb 2023 07:35

(Sharecast News) - Anglo American saw fourth-quarter production jump, the miner said on Thursday, boosted by strong copper output.

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Rough diamond sales at Anglo's De Beers rise in first cycle

1st Feb 2023 09:01

(Sharecast News) - The value of rough diamond sales at Anglo American's De Beers rose in the first cycle of the year.

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Sector movers: Automobiles drag on stocks, miners track copper higher

18th Jan 2023 19:25

(Sharecast News) - Automobiles paced losses on the stock market in the middle of the week after TI Fluid Systems warned that its fourth quarter revenues took a hit from Covid restrictions and a switch to electric vehicles in China.

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Anglo American names Alison Atkinson as group director of projects and development

17th Jan 2023 08:10

(Sharecast News) - Mining company Anglo American appointed AWE chief executive Alison Atkinson as group director of projects and development on Tuesday, with effect from the second quarter of 2023.

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De Beers diamond sales down in line with expectations

21st Dec 2022 07:25

(Sharecast News) - Anglo American said rough-diamond sales by its De Beers unit were down in line with expectations in the 10th sales cycle of the year.

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JPMorgan downgrades Rio Tinto

14th Dec 2022 08:48

(Sharecast News) - JPMorgan has downgraded Rio Tinto to 'underweight' following a review of European mining stocks.

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Berenberg lowers target price on Anglo American

12th Dec 2022 09:42

(Sharecast News) - Analysts at Berenberg lowered their target price on mining giant Anglo American from 3,000.0p to 2,700.0p on Monday, stating the group was taking "hits from every angle".

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Anglo American 2022 production down 3%

9th Dec 2022 07:55

(Sharecast News) - Anglo American on Friday said 2022 production had fallen by around 3% as the Quellaveco copper ramp-up and strong diamond production was offset by ore grades in Chile and lower production from Kumba and platinum group metals.

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De Beers diamond sales fall in latest cycle

16th Nov 2022 07:53

(Sharecast News) - Diamond producer De Beers reported a fall in sales in its latest cycle.

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