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Anglo American AAL 1.07 % increase; green up pointing triangle said it will retain a 19.9% stake in Anglo American Platinum after its planned demerger this summer.
Global miner Anglo American on Thursday posted double-digit falls in its third-quarter copper and diamond production but maintained its 2024 guidance for the commodities.
Anglo American also closed a deal worth up to $4.8 billion to Peabody Energy (Fig 3), selling its steelmaking coal business. The business unit includes five mines in Queensland, Australia.
The final bidders for Anglo American 's Australian coal assets are down to Yancoal Australia , Stanmore Resources and Peabody Energy Corp , three sources with knowledge of the matter told Reuters.
Anglo American's restructuring and strategic shift toward copper and iron ore present a long-term valuation uplift. The company's 2025 production and cost guidance remain unchanged, with cost ...
Anglo American writes down De Beers value by $2.9bn on whatsapp (opens in a new window) Save Camilla Hodgson in London. Published February 20 2025. Updated February 20 2025.
Anglo American’s divestment of its South African platinum mines removes a “poison pill” that could make it a more attractive takeover target, says one influential analyst.
Anglo American Plc has agreed to sell a A$1.6 billion ($1.05 billion) stake in one of its Australian coal mines, boosting the company’s efforts to execute its turnaround strategy.
Anglo American has already disposed of around 12% stake in Anglo American Platinum from its original 79% shareholding. It will retain a 19.9% interest following the demerger.
The rerating of Anglo American’s shares since takeover bids made by BHP in April and May means that BHP would now need to offer more just to match its previous, rejected offers, Anglo American’s head ...