London close: Stocks mixed as weaker pound lifts FTSE 100
7th Sep 2023 15:57
(Sharecast News) - London's stock market presented a mixed close on Thursday, with the bourse's top-flight index ending in positive territory, buoyed by a weakening pound.
Read moreAnglo sees continued soft demand for De Beers diamonds
30th Aug 2023 07:21
(Sharecast News) - FTSE 100 mining group Anglo American has announced another large fall in diamond revenues from the latest sales cycle at subsidiary De Beers, saying that buyers were being "prudent" because of the macro environment.
Read moreLondon midday: China concerns dampen sentiment on quiet day
14th Aug 2023 10:23
(Sharecast News) - London stock markets were struggling for direction on Monday morning, as fresh concerns about China's economy and an absence of any new economic data or corporate earnings prompted investors to exercise some caution.
Read moreLondon open: Miners lead stocks lower despite positive UK GDP
11th Aug 2023 08:18
(Sharecast News) - UK stocks slipped lower on Friday, reversing gains made the previous session, as investors continue to digest a barrage of mixed economic data this week.
Read moreAnglo American reports weaker first-half performance
27th Jul 2023 07:50
(Sharecast News) - Mining giant Anglo American reported a weaker first-half performance in its interim results on Thursday, amid challenging macroeconomic conditions, while it also revealed a number of key executive appointments.
Read moreShine comes off diamond sales at Anglo American
26th Jul 2023 08:10
(Sharecast News) - Anglo American reported a fall in rough diamond sales on Wednesday, which the miner attributed to seasonal trends.
Read moreAnglo American reports strong rise in copper, coal production
20th Jul 2023 08:46
(Sharecast News) - Anglo American reported significant developments across a number of sectors in its second-quarter production report on Thursday, including an agreement in principle with the Botswanan government, increased copper and steelmaking coal production, as well as changes in diamond, iron ore, nickel, and platinum group metals (PGMs) production.
Read moreChinese export growth undershoots in June, but import volumes hold up
13th Jul 2023 06:47
(Sharecast News) - China's foreign trade surplus widened a tad last month, chiefly as a result of slower export growth, but the underlying picture was somewhat better, some economists judged.
Read moreDe Beers, Botswana govt agree 10 year sales deal extension
3rd Jul 2023 07:46
(Sharecast News) - Anglo American said its De Beers unit and the Botswana government had reached agreement in principle on a new 10-year sales agreement for their Debswana rough diamond joint venture.
Read moreAnglo American's De Beers sees diamond ales slide
21st Jun 2023 07:58
(Sharecast News) - Anglo American announced the value of rough diamond sales for De Beers' fifth sales cycle of 2023 on Wednesday.
Read moreRBC Capital upgrades Anglo American to 'outperform'
6th Jun 2023 10:58
(Sharecast News) - RBC Capital Markets upgraded Anglo American on Tuesday to 'outperform' from 'sector perform' and lifted the price target to 2,700 from 2,500p.
Read moreBroker tips: Anglo American, Auto Trader, Diageo
6th Jun 2023 07:41
(Sharecast News) - RBC Capital Markets upgraded Anglo American on Tuesday to 'outperform' from 'sector perform' and lifted the price target to 2,700 from 2,500p.
Read moreAnglo American unveils latest management overhaul
31st May 2023 09:03
(Sharecast News) - Anglo American's finance head is to retire, the miner confirmed on Wednesday, as it unveiled its latest senior management shake-up.
Read moreDe Beers diamond sales fall on sluggish China recovery
17th May 2023 07:58
(Sharecast News) - Rough diamond sales at Anglo American's De Beers unit fell to $480m in the fourth cycle of the year compared to $542m in the previous cycle as the Chinese economy rebounded sluggishly, the company said on Wedesday.
Read moreCopper production jumps 28pc at Anglo American
25th Apr 2023 07:26
(Sharecast News) - Multinational mining giant Anglo American reported a 28% rise in copper production in its first quarter on Tuesday, primarily due to the ramp-up of production from the new Quellaveco copper mine in Peru.
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