United States

Anglo American PLC (AAUKF.PK)

AAUKF.PK on OTC Markets Group

25 Jul 2016
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Latest Key Developments (Source: Significant Developments)

China Molybdenum Co updates on acquisitions of Anglo American Plc's businesses<3993.hk><603993.SS>
Wednesday, 25 May 2016 10:03am EDT 

China Molybdenum Co Ltd <603993.SS>: Update on the acquisitions of anglo American plc's businesses and freeport-mcmoran inc.'s copper and cobalt businesses and resumption of trading in a shares <3993.HK> . Application has been made to Shanghai stock exchange for resumption of trading in the a shares with effect from opening trading session on 26 may 2016 . Says on 20 may 2016, co received from the Shanghai stock exchange the "letter of disclosure enquiry" . letter in relation to proposal for China Molybdenum co.'s material assets acquisition of overseas niobium and phosphates businesses .  Full Article

Anglo American says diamond value at De Beers' 4th sales cycle at $630 mln
Tuesday, 24 May 2016 03:00am EDT 

Anglo American : Value of rough diamonds sales at de beers' fourth sales cycle, amounting to $630 million, versus $666 million value of third cycle .Anglo American are encouraged by continued stability of demand for rough diamonds shown in fourth sales cycle of 2016 - Ceo of De Beers Group.  Full Article

China Molybdenum updates on acquisition of Anglo American's Niobium and Phosphates businesses<3993.HK><603993.SS>
Friday, 13 May 2016 09:18am EDT 

China Molybdenum Co Ltd <603993.SS>: Update on the acquisition of Anglo American PLC's niobium and phosphates businesses . Trading in the A shares will remain suspended . Says company is in the process of preparing the material assets reorganization proposal . Says company has appointed Industrial Securities Co. Ltd. as the independent financial adviser of the company .On 10 May, resolution on the significant asset acquisition were approved.  Full Article

S. Africa's PIC ups stake in Anglo American to 12.448 pct - regulatory filing
Friday, 13 May 2016 08:00am EDT 

Anglo American Plc :Public Investment Corporation SOC Ltd's stake in Anglo American at 12.448 percent as of May 12.  Full Article

Anglo American delivers first coal from Grosvenor asset
Thursday, 12 May 2016 03:03am EDT 

Anglo American Plc : Anglo American delivers first coal from Grosvenor . Has delivered its first coal from its underground longwall seven months ahead of schedule and more than $100 million below budget . Commissioning of its Grosvenor metallurgical coal longwall operation in Bowen Basin of Queensland, Australia .Anglo American expects Grosvenor to produce 3.2 million saleable tonnes in 2016.  Full Article

Anglo American PLC - Three injured in helicopter crash at Anglo mine in Chile - Reuters News
Tuesday, 12 Apr 2016 03:57am EDT 

Anglo American PLC:Three people were hurt in central Chile on Monday when a helicopter sent to rescue an injured contractor near Anglo American's Los Bronces mine crashed into the Andes Mountains, the global mining company said in a statement. - RTRS.Anglo American AAL.L added that it was coordinating a rescue for the downed crew and the injured contractor. Few details regarding the crew's condition were immediately available.  Full Article

Anglo American PLC - Workers at Colombia's Cerrejon coal mine vote in favor of strike - Reuters
Thursday, 3 Mar 2016 03:30pm EST 

Anglo American PLC:Union workers at Cerrejon, Colombia's largest coal mine, have voted in favor of a strike, the union said on Thursday, amid a dispute with the company over wages and benefits. - RTRS.The Sintracarbon union has 10 days to declare the start date for the strike, leader Jairo Quiroz said.Cerrejon is a joint venture between BHP Billiton, Anglo American Plc and Glencore Xstrata. It has been producing coal in Colombia since the mid-1980s under a concession that runs until 2033.  Full Article

Anglo American PLC - Workers at top Colombian coal mine to vote on possible strike - Reuters
Tuesday, 23 Feb 2016 12:24pm EST 

Anglo American PLC:Unionized workers at Colombia's biggest coal mine will start voting on Friday whether to strike or seek an arbitrated settlement for wage increases, the head of the Sintracarbon union said on Tuesday.A strike at the Cerrejon mine, which produces 32 million tonnes of coal per year, or 37 percent of Colombia's total output, would come at an inopportune time for the country, which is already suffering a commodity-related economic slowdown.Jairo Quiroz, head of the Sindicato de Trabajadores de la Industria del Carbon, known as Sintracarbon, told Reuters the 10-day vote comes after a 40-day period of direct negotiation came to an end without an agreement.The union, which represents 4,200 of the 10,000 workers at the mine, is ready to keep talking to the company to resolve the dispute and avoid a stoppage at the mine in La Guajira in northern Colombia, he said.The voting will end on March 3, with a starting date for any strike to be announced 10 days later.Cerrejon has offered a 6.77 percent pay increase, in line with last year's inflation rate, while workers want a 10.1 percent raise, Quiroz said. They also want improvements in education, health and housing as well as in other aspects of their contracts.Cerrejon is a joint venture between BHP Billiton, Anglo American Plc and Glencore Xstrata. It has been producing coal in Colombia since the mid-1980s under a concession that runs until 2033.  Full Article

Anglo American PLC - Chilean copper miners mount barricades to protest layoffs - EFE News Services
Tuesday, 16 Feb 2016 01:31pm EST 

Anglo American PLC:Workers at Chile's El Soldado copper mine, owned by global mining giant Anglo American plc., blocked access to the facility on Tuesday to protest planned layoffs. - EFE News Services.Last Friday, Anglo American released an optimization plan for the mine that envisions laying off at least 150 direct employees and contractors in a push to cut costs amid plunging commodities prices.Workers set up barricades early Tuesday on the road leading to the mining complex, while the firm's human resources staff negotiated with union leaders in pursuit of a solution.El Soldado, 132 kilometers northeast of Santiago, comprises an open-pit mine, ore-crushing plants and processing facilities.  Full Article

Anglo American PLC - De Beers to cut more than 300 jobs in South Africa - union - Reuters
Monday, 15 Feb 2016 10:53pm EST 

Anglo American PLC:Diamond mining giant De Beers Group plans to cut 366 jobs in South Africa, the Solidarity trade union said on Tuesday - RTRS.The Anglo American AAL.L unit will cut 152 jobs at its Venetia mine and a further 214 posts at its other mines in South Africa, the union said.  Full Article

CORRECTED-UPDATE 1-UK Stocks-Factors to watch on July 25

July 25 Britain's FTSE 100 index is seen opening up 7 points on Monday, according to financial bookmakers. Futures for the index were up 0.1 percent ahead of the cash market open.

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