JPMorgan reiterates 'overweight' on Anglo American
15th Nov 2023 13:08
(Sharecast News) - JPMorgan Cazenove reiterated its 'overweight' rating on Anglo American on Wednesday after it agreed to buy 77% of Teck Resources' metallurgical coal business, Elk Valley Resources, for $6.93bn.
Read moreLondon close: Stocks tumble on Powell comments as GDP stagnates
10th Nov 2023 15:45
(Sharecast News) - London markets declined on Friday as investors reacted to hawkish remarks by Federal Reserve chair Jerome Powell made overnight.
Read moreLondon close: Retail stocks rise on mixed day for markets
8th Nov 2023 14:59
(Sharecast News) - London's stock markets experienced a mixed day of trading on Wednesday after a robust performance from the retail sector, led by gains from Marks and Spencer.
Read moreAnglo's De Beers division sees huge slide in diamond sales
8th Nov 2023 07:10
(Sharecast News) - Mining giant Anglo American saw another big slide in diamond sales at its latest tender of De Beers, blaming continuing macroeconomic "challenges".
Read moreBerenberg lowers target price on Anglo American
25th Oct 2023 09:05
(Sharecast News) - Analysts at Berenberg cut their target price on Anglo American on Wednesday from 2,600.0p to 2,500.0p, saying the miner's third-quarter production results had sparked "little joy".
Read moreAnglo American cuts copper guidance for 2023
24th Oct 2023 07:11
(Sharecast News) - Multi-metal mining giant Anglo American has cut copper production guidance for the full year, but said it remains on track to his all other output targets.
Read moreLondon close: Stocks mixed at start of busy week
23rd Oct 2023 19:21
(Sharecast News) - London's stock markets finished with a varied performance on Monday, driven by concerns over rising UK bond yields and global interest rate trends.
Read moreBerenberg prefers gold miners after recent de-rating
11th Oct 2023 09:18
(Sharecast News) - Berenberg said it remains upbeat about the long-term investment picture in the metals and mining sector, but has warned of some near-term uncertainty and highlighted gold plays as the safe option right now.
Read moreLondon close: Stocks finish higher on dovish Fed rhetoric
10th Oct 2023 16:34
(Sharecast News) - London markets enjoyed a buoyant session on Tuesday, closing with substantial gains after dovish comments from US Federal Reserve officials overnight signalled a potential pause to interest rate hikes.
Read moreAnglo reports continued decline in De Beers diamond sales
5th Oct 2023 07:52
(Sharecast News) - Anglo American said on Thursday it saw a substantial fall in diamond revenues from the latest sales cycle at subsidiary De Beers, as it beefs up marketing spend to try and allure customers over the key holiday season.
Read moreLondon close: Stocks mixed as interest rate concerns simmer
28th Sep 2023 16:12
(Sharecast News) - London stocks finished with a varied performance on Thursday as investors pored over the latest US jobless claims data, with underlying anxieties regarding interest rates still bubbling away.
Read moreLondon close: FTSE finishes higher after positive China data
15th Sep 2023 16:12
(Sharecast News) - London's top-flight index managed a positive finish on Friday based on promising Chinese economic data.
Read moreLondon close: Stocks stay green as energy prices rise
14th Sep 2023 15:06
(Sharecast News) - London's stock markets finished positively on Thursday, boosted by the mining sector, as investors analysed fresh UK house price data and a rate hike from the European Central Bank.
Read moreBroker tips: Rio Tinto, Anglo American, Entain, IG
14th Sep 2023 14:54
(Sharecast News) - JP Morgan upgraded its rating for Rio Tinto and raised target prices across the iron ore sector after turning more positive on the outlook for iron ore prices.
Read moreJP Morgan lifts targets for iron ore miners, upgrades Rio Tinto
14th Sep 2023 08:05
(Sharecast News) - JP Morgan has upgraded its rating for Rio Tinto and raised target prices across the iron ore sector after turning more positive on the outlook for iron ore prices.
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