Berenberg names Rio Tinto as top mining pick for 2025
14th Jan 2025 10:03
(Sharecast News) - Berenberg has named Rio Tinto as its top pick for 2025 among London's blue-chip diversified mining stocks ahead of what's set to be a volatile start to the year for the sector.
Read moreLondon close: Stocks led higher by rising metal prices
9th Jan 2025 16:53
(Sharecast News) - London stocks maintained positive momentum through to the close on Thursday, driven by gains in the mining sector and the continued depreciation of the pound.
Read moreLondon close: Stocks finish first week of 2025 weaker
3rd Jan 2025 17:12
(Sharecast News) - London stock markets closed in the red on Friday as sharp declines in airline, mining, and housebuilding stocks weighed on indices, with a lack of significant news and profit-taking following a recent rally dampening sentiment.
Read moreLondon close: Stocks weaker after surprise UK GDP contraction
13th Dec 2024 16:29
(Sharecast News) - London's stock markets closed lower on Friday as investors reacted to an unexpected contraction in the UK economy during October, while the pound lost ground against major currencies.
Read moreLondon close: FTSE maintains gains on China stimulus hopes
9th Dec 2024 14:59
(Sharecast News) - London's stock markets closed with a mixed performance on Monday, as optimism over potential economic stimulus in China provided a boost to mining stocks.
Read moreLondon close: Stocks finish November on flat note
29th Nov 2024 15:45
(Sharecast News) - London's equity markets ended just above the waterline on Friday, as investors processed a raft of UK economic data and developments in the corporate sector.
Read moreJefferies upgrades Anglo American to 'buy'
29th Nov 2024 09:33
(Sharecast News) - Jefferies upgraded Anglo American to 'buy' from 'hold' on Friday and lifted its price target to 2,850p from 2,500p following the recent share price decline.
Read moreBerenberg keeps 'sell' rating on Anglo after steelmaking coal exit
27th Nov 2024 11:43
(Sharecast News) - Anglo American's first step of its simplification plan was welcomed by investors this week with shares rising after the sale of its metallurgical coal business; but Berenberg wasn't convinced, with the broker raising concerns about its restructuring strategy.
Read moreLondon close: Stocks finish upbeat session in the green
25th Nov 2024 15:57
(Sharecast News) - London markets closed higher on Monday as investors reacted positively to geopolitical developments, including US president-elect Donald Trump's announcement of Scott Bessent as the next Treasury Secretary.
Read moreAnglo American sells steelmaking coal unit to Peabody for $3.77bn
25th Nov 2024 07:02
(Sharecast News) - Anglo American has agreed to sell its portfolio of steelmaking coal mines that it operates in Australia to Peabody Energy for $3.77bn in cash as part of its pivot to be a copper, premium iron ore and crop nutrients business.
Read moreLondon close: Stocks maintain gains ahead of UK jobs data
11th Nov 2024 16:57
(Sharecast News) - London markets closed higher on Monday, with Croda International among the leaders after the specialty chemicals company reported a strong third-quarter sales update.
Read moreLondon close: Stocks mixed on eve of US presidential election
4th Nov 2024 15:13
(Sharecast News) - London markets closed with mixed results on Monday, as investors prepared for a week laden with key political and economic events, including the upcoming US presidential election and anticipated policy statements in both the UK and US.
Read moreAnglo sells off stake in Australian coal unit for £0.8bn
4th Nov 2024 07:04
(Sharecast News) - Anglo American has announced the A$1.6bn (£0.8bn) sale of a stake in the Jellinbah joint venture in Australia as part of its strategy to exit the steelmaking coal industry.
Read moreBHP has not moved on from pursuit of Anglo despite chairman's comments
31st Oct 2024 07:37
(Sharecast News) - BHP Group has issued a statement to clarify that it has not officially walked away from its pursuit of Anglo American after comments made by the miner's chairman at this week's annual general meeting.
Read moreLondon close: Stocks mixed after barrage of corporate updates
24th Oct 2024 09:37
(Sharecast News) - London's stock markets ended Thursday with mixed results, with the top-flight index held aloft by strong earnings reports from major companies like Unilever and Barclays, as investors digested a slew of US data.
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