Articles by Anglo American PLC

  • Global Markets Overview - 18 February 2013

    February 18 2013 9:29 AM

    Stocks edged mostly lower as declines in Wal-Mart Stores and the energy sector offset firm readings on consumer confidence and New York manufacturing.

  • Anglo American Platinum Posts $715m Loss on 2012 Labor Strikes

    February 05 2013 9:11 AM

    Anglo American Platinum Ltd., the world biggest producer of the metal controlled by Anglo American PLC, informed that it saw an operating loss of approximately $715 million in 2012 as its production was affected by violent labor strikes in South Africa.

  • Anglo American Decides to Write Down $4bn on Minas-Rio Project

    February 01 2013 11:26 AM

    On the 29th of January, Anglo American PLC informed that it would write down $4 billion on its Minas-Rio iron project in Brazil after conducting a review of the scheme.

  • Chile’s Copper Mines Threatened by Drought

    February 16 2012 3:56 PM

    The raging two-year drought that continues to affect Chile has made copper producers concerned as to how to source electricity generation to adequately support their operational requirements.

  • Chile’s Copper Mines Threatened by Drought

    February 16 2012 3:27 PM

    The raging two-year drought brought by La Niňa that continues to affect Chile has made copper producers concerned as to how to source power generation to adequately support their operational requirements.

  • Diamonds to Outperform Gold Prices?

    December 28 2011 5:37 PM

    As emerging economies regale in their economic status, prompting citizens to increase their spending on luxury goods, including on diamonds, analysts forecast prices of the precious metal, although not really a new kid on the block, will grow in the next four years, and could possibly out win gold, another precious metal.

  • Anglo American To Spend $US15bn on Australian Expansions

    October 27 2011 5:05 PM

    Global diversified miner Anglo American Plc said on Thursday it is mulling to spend up to $US15 billion ($14.43bn) over the next eight years to expand its Australian coal operations.

  • High Coal Prices to Remain Inspite Erratic Global Market Shifts

    October 03 2011 12:26 PM

    Coal prices, along with iron ore, will endure erratic price adjustments despite the global markets' roller-coaster ride and declining output in China's manufacturing, analysts and experts said.

  • Rio Tinto, Anglo American Divests $700M from South African Palabora Mine

    September 06 2011 1:21 PM

    Mining firms Rio Tinto and Anglo American Plc will divest their combined 74.5 equities in Palabora Mining Company Limited, whose principal asset is a copper mine in South Africa.

  • Anglo American Plc's Drayton plant resumed operations after accident

    July 23 2010 9:18 PM

    Australian mining firm Anglo American Plc has resumed operations in its Drayton coal mines after an accident this morning that affected five workers, hospitalizing four.