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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.
The world’s largest platinum group metals miner started secondary trading in London with a value of around $10.45 billion following its spinoff from Anglo American.
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 last week agreed to sell a 33.3% stake in a joint venture that owns a 70% interest in the Jellinbah East and Lake Vermont steelmaking coal mines for A$1.6-billion ($1.04-billion).
Anglo American has already reduced its ownership in AAP from 79% to approximately 67% by selling an 11.9% shareholding. Post-demerger, Anglo American will retain about 19.9% of AAP, ...
The Anglo-American University was originally established in 1990 as the Anglo-American College. It was the first private institution in the Czech Republic to use English as the primary teaching ...
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.
Mining giant Anglo American has struck a deal to sell its remaining coal operations in Australia to a US rival for up to 3.78 billion US dollars (£3 billion). London-listed Anglo said US coal ...
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