News: Anglo American PLC (AAL.L)

AAL.L on London Stock Exchange

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Mon, Jul 7 2014

Anglo American to sell stake in Lafarge Tarmac to Lafarge

- Global miner Anglo American Plc said it would sell its 50 percent stake in Lafarge Tarmac to Lafarge for a minimum consideration of 885 million pounds ($1.51 billion) in cash, on a debt and cash free basis.

UPDATE 2-Anglo American agrees $1.5 bln cement asset sale

* Proceeds would cut Anglo's expected net debt by 10 pct (Adds comments, details)

Anglo American to sell its 50 pct stake in Lafarge Tarmac to Lafarge

July 7 - Global miner Anglo American Plc said it would sell its 50 percent stake in Lafarge Tarmac to Lafarge for a minimum value of 885 million pounds ($1.51 billion) in cash, on a debt and cash free basis.

UPDATE 1-Anglo American plans platinum mine sales -Sunday Times

June 29 - Global miner Anglo American Plc has put some of its platinum mines in South Africa up for sale in a move by Chief Executive Mark Cutifani to dispose of underperforming assets, Britain's Sunday Times reported.

Anglo American plans platinum mine sales -Sunday Times

June 29 - Global miner Anglo American Plc has put some of its platinum mines in South Africa up for sale in a move by Chief Executive Mark Cutifani to dispose of underperforming assets, Britain's Sunday Times reported.

Anglo American rules out bid for Simandou iron ore deposit: executive

STOCKHOLM - Global miner Anglo American has ruled out a bid for Guinea's Simandou, one of the world's most valuable iron ore deposits, but is still looking to expand its portfolio in the region.

RPT-DEALTALK-Sibanye seen as likely buyer for Anglo's ageing platinum mines

* Union plus Rustenburg mines could sell for $1-2 bln-analysts

Sibanye seen as likely buyer for Anglo's ageing platinum mines

LONDON/JOHANNESBURG - If Anglo American pushes ahead to divest underperforming platinum assets, a sale to a small South African company that specializes in squeezing profit out of mines nearing the end of their lives is seen as the most likely option.

DEALTALK-Sibanye seen as likely buyer for Anglo's ageing platinum mines

* Union plus Rustenburg mines could sell for $1-2 bln-analysts

Britain's FTSE hits six-week high, miners lead

* FTSE 100 index rises 0.5 percent * UK mining index up 1.4 percent, top gainer * Anglo American advances after strong output update By Atul Prakash LONDON, April 24 - Britain's top share index hit a six-week high on Thursday, with miners leading the market higher tracking firmer metals prices, while Anglo American also reported strong output numbers. The UK mining index, the biggest sectoral gainer, was up 1.4 percent. Anglo American rose 3.2 percent to the top of

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