Anglo American slashes dividend as annual profits sink
22nd Feb 2024 07:33
(Sharecast News) - Mining group Anglo American has slashed its annual dividend by a half after seeing profits plunge in 2023 on the back of impairments and downturns in the platinum and diamond markets.
Read moreLondon close: Stocks finish lower on fresh China concerns
20th Feb 2024 15:29
(Sharecast News) - London's stock markets closed in negative territory on Tuesday, with concerns over China's economic prospects exerting pressure on mining shares.
Read moreLondon midday: Stocks mixed after China makes bigger rate cut
20th Feb 2024 11:20
(Sharecast News) - London's stocks were in a mixed state at midday on Tuesday, as concerns around China's economic outlook continued to weigh on mining stocks.
Read moreLondon close: Stocks manage gains on globally quiet day
19th Feb 2024 15:59
(Sharecast News) - London's financial markets finished in positive territory on Monday, with stocks closing in the green after overcoming minor losses earlier in the session.
Read moreAnglo American says 4,300 jobs at risk as metal prices fall
19th Feb 2024 07:24
(Sharecast News) - Anglo American Platinum said it was starting a restructuring that could affect more than 4,300 jobs due to lower prices, higher costs amid a global economic slowdown.
Read moreLondon close: Stocks rise as UK retail sales rebound
16th Feb 2024 14:59
(Sharecast News) - London's stock markets saw positive gains on Friday, buoyed by encouraging UK retail sales data and favourable earnings reports from NatWest.
Read moreLondon close: Stocks finish higher after very quiet Monday
12th Feb 2024 17:11
(Sharecast News) - London markets managed modest gains by the close of a subdued trading session on Monday, with no significant corporate or economic catalysts driving movements.
Read moreAnglo American signs MOU with Finnish Minerals Group
12th Feb 2024 09:48
(Sharecast News) - Anglo American and Finnish Minerals Group have signed a memorandum of understanding to work together to explore opportunities to further support Finland's battery strategy.
Read moreAnglo American fourth-quarter volumes down 7%
8th Feb 2024 07:33
(Sharecast News) - Mining giant Anglo American has said that production volumes in the fourth quarter were down 7% year-on-year as a result of a deliberate slowdown at its South African iron ore operations and weaker ore at the Los Bronces copper mine in Chile.
Read moreAnglo American mines in Brazil achieve IRMA standard
7th Feb 2024 14:13
(Sharecast News) - Anglo American announced on Wednesday that its Minas-Rio iron ore and Barro Alto nickel mines in Brazil had attained the IRMA 75 level of performance.
Read moreAnglo's De Beers sees diamond sales jump in first sale of 2024
31st Jan 2024 07:06
(Sharecast News) - De Beers, the diamond division of mining giant Anglo American, has reported encouraging further signs of stabilisation in the diamond market after a big jump in revenues from its first sales tender of the new financial year.
Read moreLondon close: Stocks rise on positive news from China
24th Jan 2024 16:31
(Sharecast News) - London markets finished with a positive performance on Wednesday, driven by gains in the mining sector following China's announcement of an upcoming reduction in the reserve requirement ratio for banks.
Read moreLondon close: Stocks slip as focus shifts to US earnings
23rd Jan 2024 17:46
(Sharecast News) - London's stock markets experienced a downturn on Tuesday, despite the release of favourable UK borrowing figures as investors turned their focus to earnings from prominent US companies on Wall Street.
Read moreLondon close: Stocks slip after surprise jump in UK inflation
17th Jan 2024 15:03
(Sharecast News) - London's financial markets experienced a downturn on Wednesday, as a surprising increase in UK inflation and sluggish Chinese GDP growth impacted investor sentiment.
Read moreLondon close: Stocks manage positive finish after mixed session
8th Jan 2024 16:38
(Sharecast News) - London's financial markets experienced a mixed trading day on Monday, with the FTSE 100 and FTSE 250 indices closing in positive territory after spending much of the session in the red.
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