London close: Stocks finish higher as miners pace gains
31st Jul 2024 15:04
(Sharecast News) - London's stock markets ended the day with strong gains on Wednesday, driven by robust performances in the mining and energy sectors.
Read moreLondon close: Stocks mixed on tsunami of updates, US GDP data
25th Jul 2024 15:27
(Sharecast News) - London stocks closed with mixed results on Thursday as investors processed faster-than-anticipated economic growth in the United States, following a heavy flow of corporate announcements earlier in the day.
Read moreAnglo American revenue, earnings slip as it focuses on costs
25th Jul 2024 09:43
(Sharecast News) - Anglo American reported $5bn in underlying EBITDA for the first half of 2024 on Thursday, down 3% year-on-year, after a strong operational performance that it said largely counterbalanced a 10% decrease in the average product basket price.
Read moreLondon close: Stocks finish weaker on quiet day for data
23rd Jul 2024 15:00
(Sharecast News) - London stocks ended in the red on Tuesday, as losses in the mining sector overshadowed gains in other areas.
Read moreAnglo American''s Kumba Iron Ore reports 'solid' 1H
23rd Jul 2024 07:05
(Sharecast News) - Anglo American's South Africa-based iron ore mining subsidiary delivered what it termed a "solid" performance for the first half of the year.
Read moreAnglo American Platinum on track despite profits fall
22nd Jul 2024 08:01
(Sharecast News) - South Africa's Anglo American Platinum said its restructuring programme remained on track on Monday, as it posted a sharp drop in half-year profits.
Read moreAnglo American holds guidance as copper production falls, iron ore flat
18th Jul 2024 07:04
(Sharecast News) - Anglo American on Thursday held annual copper and iron ore production guidance unchanged after a second-quarter update, but cut steelmaking coal output forecasts after a fire at its Grosvenor mine in Australia last month.
Read moreLondon close: Stocks slide on China data, Burberry warning
15th Jul 2024 12:46
(Sharecast News) - London stocks ended Monday in negative territory, influenced by weaker-than-expected Chinese GDP figures and a profit warning from luxury fashion house Burberry.
Read moreRio Tinto eyeing up possible mega deal - report
12th Jul 2024 11:01
(Sharecast News) - Blue chip miner Rio Tinto is understood to be eyeing up a list of possible takeover targets, it was reported on Friday, including Canada's Teck Resources.
Read moreRBC Capital downgrades Anglo American, cuts forecasts on Grosvenor fire
11th Jul 2024 07:43
(Sharecast News) - RBC Capital Markets downgraded Anglo American on Thursday to 'sector perform' from 'outperform' and cut the price target to 2,600p from 3,100p.
Read moreAnglo American's Grosvenor fire adds to operational woes, says Berenberg
9th Jul 2024 09:55
(Sharecast News) - Berenberg has repeated its 'sell' rating on Anglo American, saying that the recently announced fire at its Grosvenor metallurgical coal mine in Australia comes at a bad time for the miner, which continues to "struggle operationally".
Read moreLondon close: Stocks mixed on raft of global PMI data
1st Jul 2024 17:33
(Sharecast News) - London stocks ended Monday with mixed results as investors navigated a mix of UK economic data and the outcome of the French elections.
Read moreAnglo American to suspend Grosvenor mine for 'months' after underground fire
1st Jul 2024 07:13
(Sharecast News) - Mining giant Anglo American was forced to suspend production at its Grosvenor steelmaking coal mine in Queensland after an underground fire at the weekend.
Read moreLondon close: Stocks mixed ahead of key UK, US data
27th Jun 2024 15:48
(Sharecast News) - London stocks ended Thursday's trading session with a mixed performance as market participants awaited crucial US inflation data and UK GDP figures set to be released later in the week.
Read moreBerenberg downgrades Anglo American, Rio Tinto
27th Jun 2024 14:52
(Sharecast News) - Berenberg downgraded Anglo American and Rio Tinto on Thursday as it took a look at metals and mining companies.
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