News: Anglo American PLC (AAL.L)

AAL.L on London Stock Exchange

811.20GBp
31 Jul 2015
Change (% chg)

5.50p (+0.68%)
Prev Close
805.70p
Open
811.80p
Day's High
812.80p
Day's Low
783.60p
Volume
8,310,377
Avg. Vol
8,008,973
52-wk High
1,634.00p
52-wk Low
764.90p

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Fri, Jul 31 2015

Zaldivar mine deal hits Antofagasta shares, bodes well for Anglo

LONDON, July 31 - Barrick Gold Corp's sale of half of its Zaldivar copper mine in Chile to Antofagasta for what analysts say is a pricey $1 billion hit Antofagasta's shares on Friday, but could help Anglo American in its own copper assets sale.

Anglo American to shed thousands of jobs to counter metal price slump

LONDON - Global mining company Anglo American said on Friday it will shed thousands of jobs in the next couple of years and might put up more assets for sale as it battles an accelerating slump in metals prices that has dragged its shares down to a 13-year low.

UPDATE 4-Anglo American to shed thousands of jobs to counter metal price slump

* Graphic on Anglo vs peers: http://link.reuters.com/cyx94w (Adds details on potential new sales, reference to Lonmin job cuts)

Britain's FTSE sets 1-week low as mining and tech shares sink

LONDON, July 22 - Britain's top share index dropped to its lowest level in more than a week on Wednesday after a poorly received earnings report from Apple hit tech stocks and weaker metals prices and an update from BHP Billiton dragged down miners.

De Beers to sell more Namibia diamonds to domestic manufacturers

LONDON - De Beers, part of global mining group Anglo American, is to sell more of its diamonds mined in Namibia to local cutters and polishers rather than abroad.

De Beers to sell more Namibia diamonds to domestic manufacturers

LONDON, July 21 - De Beers, part of global mining group Anglo American, is to sell more of its diamonds mined in Namibia to local cutters and polishers rather than abroad.

Miner Anglo warns of up to $4 billion writedown on iron ore and coal assets

LONDON - Mining group Anglo American has warned of a second multi-billion dollar writedown this year on its coal and iron ore assets, demonstrating the growing impact of sliding commodity prices. | Video

UPDATE 2-Miner Anglo warns of up to $4 bln writedown on iron ore and coal assets

* Sees non-cash items for Minas Rio and some Australia coal assets

Britain's FTSE lags euro zone peers after Greece vote

LONDON, July 16 - Britain's top share index edged higher on Thursday as investors digested mixed earnings updates, lagging continental peers after Greece approved a stringent bailout package to keep the struggling economy in the euro.

RPT-Miners' focus shifts from investor returns to survival

LONDON, July 10 - Hit hard by the accelerated downturn in metal prices in recent months, global mining companies preparing to report results are likely to announce another round of austerity measures to cut costs and convince investors to remain committed to the sector.

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