De 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.
Read moreAnglo American gets environment permit for Los Bronces project
18th Apr 2023 07:28
(Sharecast News) - Mining giant Anglo American has been given an environment permit for a $3bn extension of its Los Bronces copper project in Chile by a committee of government ministers.
Read moreRough 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.
Read moreUBS 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.
Read moreDe 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.
Read moreAnglo 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.
Read moreAnglo 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.
Read moreAnglo 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.
Read moreCopper 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.
Read moreRough 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.
Read moreSector 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.
Read moreAnglo 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.
Read moreDe 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.
Read moreJPMorgan 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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