Anglo American PLC (AGLJ.J)
28 Apr 2017
Mon, Apr 10 2017
JOHANNESBURG Anglo American will sell its Eskom-linked thermal coal operations in South Africa for $166 million, it said on Monday, marking an important step in the mining giant's strategic overhaul to sharpen its focus on three commodities.
* Eskom likely to negotiate for cut of sale proceeds (Adds potential dispute with Eskom, Anglo and Eskom comment paragraphs 8-9)
LAUSANNE, March 29 The chairman of Indian miner Vedanta Resources said on Wednesday he had no plans to buy assets in South Africa from Anglo American or push for a board seat after announcing plans to buy a 13 percent stake in the mining giant.
LAUSANNE, March 29 The chairman of Indian miner Vedanta Resources has no plans to buy assets in South Africa from Anglo American, or to push for a board seat after announcing a plan to acquire a 13 percent stake in the mining giant.
LONDON Indian billionaire Anil Agarwal said he wants to buy a 2 billion pound ($2.45 billion) stake in Anglo American , a major vote of confidence in the global miner's recovery.
* Agarwal acting through family trust, not Vedanta- statement
PARIS, March 16 French oil and gas company Total plans to appoint Mark Cutifani, chief executive of mining group Anglo American, and Carlos Tavares, chairman of French carmaker Peugeot, as independent directors.
LONDON, March 15 Indian billionaire Anil Agarwal said on Wednesday he would buy a stake of up to 2 billion pounds ($2.5 billion) in Anglo American but had no intention of trying to take control of the global miner.
LONDON Miner Anglo American is set to cap executive bonuses, it said on Monday, following a shareholder revolt last year over high payouts even when the company's share price had crashed.
* Element Six synthetic unit suffered from lower oil, gas demand