Wednesday, 20 November 2024

Focus on Anglo American plc

FILE PHOTO: A view of BHP's Escondida, the world's biggest copper mine, in northern Chile, in Antofagasta, Chile March 31, 2008. Picture taken March 31, 2008. REUTERS/Ivan Alvarado/File Photo
BusinessCritical MineralsMineralsMiningNews

BHP set to detail copper growth plans on Chile roadshow, analysts say

Copper is key to BHP's growth plans as an essential metal for the energy transition — but BHP's production is expected to fall...

FILE PHOTO: The logo of Anglo American is seen on a jacket of an employee at the Los Bronces copper mine, in the outskirts of Santiago, Chile March 14, 2019 Picture Taken March 14, 2019. REUTERS/Rodrigo Garrido/File Photo
BusinessCritical MineralsMiningNews

BHP leaves a new offer for British copper miner Anglo on the table

BHP says chairman's comments don’t rule out new Anglo American bid despite “moving on” to other growth opportunities.

FILE PHOTO: A general view of molten copper at Anglo American's smelter in Chagres, Chile, obtained by Reuters on April 26, 2024. Anglo American/Handout via REUTERS/File Photo
AnalysisBusinessCritical MineralsEconomyMining

Can Anglo’s copper pivot help thwart renewed takeover bid?

Anglo American’s shift to copper could decide its fate: independence or a renewed BHP bid when the six-month block ends.

FILE PHOTO: A worker is seen at Anglo American's Los Bronces copper mine in Chile, obtained by Reuters on April 26, 2024.  Anglo American/Handout via REUTERS/ File Photo
BusinessCritical MineralsEconomyMiningNews

Anglo American copper, diamond output down in Q3, 2024 guidance unchanged

Anglo American reported a Q3 drop in copper and diamond production but maintained 2024 guidance amid restructuring efforts.

FILE PHOTO: A general view of Anglo American's Los Bronces copper plant in Chile, obtained by Reuters on April 26, 2024.  Anglo American/Handout via REUTERS/File Photo
BusinessCritical MineralsMiningNewsTrade

Anglo American not a sitting duck after breakup, CEO says

Anglo American's CEO Duncan Wanblad dismissed claims of an inevitable takeover after unbundling its diamond, platinum, nickel, and coal assets, focusing on copper.

FILE PHOTO: Sheets of copper cathode are pictured at BHP Billiton's Escondida, the world's biggest copper mine, in Antofagasta, Chile March 31, 2008.  REUTERS/Ivan Alvarado/File Photo
AnalysisBusinessCritical MineralsIn-DepthMineralsMining

Mining industry struggles with valuation gap amid shift to copper

Miners including Rio Tinto, BHP Group and Glencore are watching rival copper producers gradually grow beyond their reach.

FILE PHOTO: A worker processes platinum group metal (PGM) ores at a smelter complex during a visit by U.S. Deputy Treasury Secretary Wally Adeyemo at a platinum mine owned by Sibanye Stillwater, as part of his five-day visit to the country, in Marikana, outside Rustenburg, northwest of Johannesburg, South Africa, March 14, 2024. REUTERS/Siphiwe Sibeko/File Photo
AnalysisAutomotiveBusinessCritical MineralsElectric Vehicles (EVs)In-DepthMineralsTransport

Analysis: Hybrid cars throw lifeline to platinum metals

As consumers increasingly turn to hybrid cars over pure EVs, the exhaust-cleaning platinum metals rise above the expected drop in demand.

Logo of Anglo American is seen on a jacket of an employee of the Los Bronces copper mine, in the outskirts of Santiago, Chile March 14, 2019. REUTERS/Rodrigo Garrido/File Photo
BusinessCoalMineralsMiningNews

Initial bids for Anglo’s Australian coal mines due by Sept 9, sources say

Several companies thought to be interested in Anglo coal mines sale, as the mining giant simplifies in the wake of rejected BHP takeover.

FILE PHOTO: Logo of Anglo American is seen on a jacket of an employee of the Los Bronces copper mine, in the outskirts of Santiago, Chile March 14, 2019. REUTERS/Rodrigo Garrido/File Photo
BusinessCoalFinanceFuelMineralsMiningNews

Anglo American to face investors with wary eye on BHP’s potential return

Anglo American investors will keenly scrutinize CEO Duncan Wanblad's update on Thursday, just months after BHP takeover bid

FILE PHOTO: A woman walks past Anglo American Platinum's Unki mine in Shurugwi, Zimbabwe, May 16,2019. REUTERS/Philimon Bulawayo/File Photo
BusinessCritical MineralsFinanceLabourMineralsNews

Amplats says on track to demerge in 2025, plans secondary London listing

Amplats expects its demerger from parent company Anglo American to be completed next year and is planning a secondary listing in London

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