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Anglo American On Track To Deliver FY Production Guidance Across All Products
Anglo American Qtrly Production Up 2%
Anglo American Appoints Ian Tyler As A Non-Executive Director
Anglo American PLC is a United Kingdom-based mining company. The Company has a portfolio of mining operations and undeveloped resources with a focus on diamonds, copper, platinum group metals (PGMs), iron ore, nickel and manganese. The Company's segments include De Beers, Platinum Group Metals, Copper, Iron Ore, Nickel and Manganese, Crop Nutrients and Corporate and other. De Beers segment is engaged in the diamond business, which offers rough and polished diamonds. Its Platinum Group Metals products include platinum, palladium, rhodium, iridium, ruthenium and osmium. PGMs projects are located in the Bushveld Complex in South Africa. It holds interests in two copper mines: Los Bronces and Collahuasi in Chile and is developing the Quellaveco mine in Peru. Its iron ore operations provide customers with iron content ore through assets in Brazil and South Africa.
17 Charterhouse Street
Stuart J. Chambers
Non-Executive Chairman of the Board
Chief Executive, Executive Director
Stephen Thomas Pearce
Finance Director, Executive Director
Bruce A. Cleaver
Chief Executive Officer - De Beers Group
Chief Executive Officer - Base Metals
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A 1,098 carat diamond believed to be the third largest gem-quality stone ever to be mined, has been discovered in Botswana, according to a joint venture between Anglo American's De Beers and the government.
Former workers have again blocked Colombian coal miner Cerrejon's rail line, the company said on Thursday, the latest protest to recently affect the beleaguered miner's operations.
Anglo American Plc has not kept workers fully informed of plans to restart a coal mine in Queensland nearly a year after a blast injured five people, a union official said on Friday, but the company called the comments unfounded.
Anglo American plc said on Thursday it would spin off its South African thermal coal business into a new company listed in Johannesburg and London, as it moves to transition out of assets that mine the most polluting fossil fuel.
Anglo American Plc said its diamond unit recorded higher sales in the first cycle of 2021, boosted by robust demand ahead of the Chinese New Year and Valentine's Day and as midstream customers restocked to fill orders from retail businesses.
Anglo American Plc <AAL.L> on Thursday kept most of its production targets, saying it was operating at about 95% of normal capacity as it posted a year-on-year fall in third-quarter output reflecting temporary shutdowns.
Diversified miner Anglo American said on Thursday first- half profits fell 39% as coronavirus-related lockdowns hit production and it said it was halving its interim dividend.
Global miner Anglo American is ramping up metals and diamond production to hit full-year targets it set in spring, it said on Thursday, as it reported a sharp slump in second quarter output caused by the coronavirus.
Emerging market stocks fell to a one-week low on Thursday as tensions between the United States and China and rising coronavirus cases around the world weighed on investor sentiment, while a stronger dollar hit risky currencies.
Global miner Anglo American has reached an agreement to buy 95 megawatts of wind power from Brazil's Casa dos Ventos for 20 years, starting in 2022, according to a statement issued on Thursday.
Norway's $1 trillion sovereign wealth fund said on Wednesday it was excluding Glencore <GLEN.L>, Anglo American <AAL.L>, RWE <RWEG.DE>, Sasol <SOLJ.J> and AGL Energy<AGL.AX> for their use and production of coal under updated ethical guidelines.
Australia's Queensland on Monday ordered an independent enquiry into an explosion at a coal mine run by Anglo American in the state that last week critically injured five workers.
Diversified miner Anglo American said on Thursday it prefers unbundling and listing its thermal coal operations in South Africa in the next two to three years over other options for exiting the business.
An explosion halted production on Wednesday at a coal mine run by Anglo American in Australia's northeastern state of Queensland, injuring five people just months after a review of the industry called for better regulation.
An explosion at a coal mine run by Anglo American in Australia's Queensland state has injured five people and halted production, local media and the miner said on Wednesday.
De Beers' Namibia joint venture, Namdeb, increased diamond production by 5.8% in the first quarter from a year earlier, according to data from De Beers' parent Anglo American.
Global miner Anglo American on Thursday cut its capital expenditure guidance for the year by about $1 billion and said it would cut costs to weather the impact of the coronavirus.
* ANGLO AMERICAN - OPERATING COST REDUCTIONS OF AT LEAST $0.5 BILLION AND AN APPROXIMATELY $1.0 BILLION REDUCTION TO OUR 2020 CAPITAL EXPENDITURE GUIDANCE
Global miner Anglo American said on Thursday slashed its capital expenditure guidance for the year by about $1 billion and warned of delays some projects due to coronavirus.
* ANGLO AMERICAN - EMPLOYEES, BOARD DIRECTORS AND EXECUTIVE TEAM CONTRIBUTE TO GLOBAL COVID-19 RELIEF EFFORTS
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