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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.
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 (NGLOY) is undergoing a major transformation, focusing on copper, premium iron ore, and crop nutrients. See why I rate the stock a strong buy.
Shares of Anglo American PLC AAL were unchanged Tuesday at £24.47, on what proved to be an all-around poor trading session for the stock market, with the FTSE 100 Index UKX falling 0.18% to 7,764.09.
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 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 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.