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Anglo American News

News on Anglo American (Ticker: AAUKY) continually updated from thousands of sources around the net.

Friday Jul 25 | Wall Street Journal

Anglo American Triples Profit

Anglo American PLC more than tripled net profit in the first half of the year after slashing costs but suffered setbacks at its iron-ore and platinum divisions.

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Related Topix: Mining, Anglo American

Friday Jul 25 | Yahoo!

Anglo American CEO says platinum assets sale by 2015 'optimistic'

The chief executive of Anglo American Plc dismissed reports that the group is in talks to sell its stake in the Samancor manganese joint venture with BHP Billiton and said it may be too optimistic to expect a sale of its South African platinum assets by 2015.

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Related Topix: Anglo American, Mining

Wed Jul 23, 2014

MarketWatch

Australia stocks nose higher ahead of China data

Australian stocks started Thursday higher, but investors appeared cautious ahead of the release of HSBC's preliminary read on Chinese manufacturing, the first Chinese data of the month.

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Related Topix: Mining, Newcrest Mining

Wall Street Journal

BHP, Anglo-American to Seek Buyers for Manganese Assets

BHP Billiton PLC and Anglo-American PLC are in talks to sell their jointly owned portfolio of manganese assets in South Africa and Australia, according to people familiar with the matter.

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Related Topix: BHP Billiton, Mining, Anglo American

Sun Jul 20, 2014

Reuters

Anglo American to unveil plan to shed platinum mines, cut 20,000 jobs -media

Anglo American Plc will unveil on Monday its plan to dispose of its oldest South African platinum mines, a move that would reduce the global miner's staff count by a fifth of its total workforce, the Sunday Times reported.

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Related Topix: Anglo American, Mining

Fri Jul 18, 2014

AmericanBankingNews.com

Anglo American plc Rating Reiterated by Deutsche Bank

's stock had its "hold" rating reiterated by equities research analysts at Deutsche Bank in a research note issued to investors on Friday.

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Related Topix: Mining, Anglo American

Thu Jul 17, 2014

AmericanBankingNews.com

Anglo American plc Given Sell Rating at Goldman Sachs

Anglo American plc traded down 2.61% during mid-day trading on Thursday, hitting $13.05.

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Related Topix: Mining, Anglo American

The Washington Post

Anglo Platinum Meets Sales Contracts Even as Strike Cuts Output

Anglo American Platinum Ltd., the world's largest producer of the metal, said it met all deliveries in the second quarter even as a strike cut output by 40 percent.

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Related Topix: Anglo American, Mining, World News, South Africa, Science / Technology

Reuters

UPDATE 1-Anglo American posts higher H1 iron ore, copper output

Miner Anglo American Plc, smarting from a five-month strike at its platinum operations, reported higher iron ore and copper output for the first half of the year.

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Related Topix: Anglo American, Mining

Wed Jul 16, 2014

AmericanBankingNews.com

Anglo American plc's Neutral Rating Reaffirmed at Credit Suisse

Anglo American plc traded up 2.90% during mid-day trading on Wednesday, hitting $13.40.

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Related Topix: Mining, Anglo American

Tue Jul 15, 2014

AmericanBankingNews.com

Anglo American plc Receives Average Recommendation of "Hold" from Brokerages

Anglo American plc has been given an average recommendation of "Hold" by the fifteen brokerages that are presently covering the company, Analyst Ratings Network reports .

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Related Topix: Mining, Anglo American

Thu Jul 10, 2014

AmericanBankingNews.com

Research Analysts' Recent Ratings Updates for Anglo American plc

Anglo American plc had its "outperform" rating reaffirmed by analysts at Sanford C. Bernstein.

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Related Topix: Mining, Anglo American, Sanford C. Bernstein

The Washington Post

Gold's - Mr. Fixit' Using Low-Cost Model on Platinum: Commodities

Neal Froneman, widely known as the Mr. Fixit of South African mining, transformed a group of unwanted, underachieving gold assets into the world's best- performing producer.

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Related Topix: Anglo American, Mining, World News, South Africa, Gold Fields, GFI Software,

Tue Jul 08, 2014

AmericanBankingNews.com

Anglo American plc Rating Reiterated by JPMorgan Chase & Co.

's stock had its "underweight" rating restated by stock analysts at JPMorgan Chase & Co.

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Related Topix: Mining, Anglo American, Banking, JP Morgan Chase

Mon Jul 07, 2014

AmericanBankingNews.com

Citigroup Inc. Reiterates Neutral Rating for Anglo American plc

's stock had its "neutral" rating restated by Citigroup Inc. in a research note issued on Monday.

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Related Topix: Mining, Anglo American, Banking, Financial Services, Citigroup

Reuters

Anglo American to sell its 50 pct stake in Lafarge Tarmac to Lafarge

Global miner Anglo American Plc said it would sell its 50 percent stake in Lafarge Tarmac to Lafarge for a minimum value of 885 million pounds in cash, on a debt and cash free basis.

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Related Topix: Anglo American, Mining

Fri Jul 04, 2014

AmericanBankingNews.com

Anglo American plc Stock Rating Reaffirmed by Credit Suisse

Other equities research analysts have also recently issued reports about the stock.

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Related Topix: Mining, Anglo American

Resource Investing News

Namibia May Sell Diamonds Outside De Beers Joint Venture

Bloomberg reported that the government of Namibia is setting up a company to sell some of the diamonds mined by Namdeb Diamond Corp., a joint venture it owns equally with Anglo American plc's De Beers unit.

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Related Topix: Anglo American, Mining

Tue Jul 01, 2014

AmericanBankingNews.com

Sanford C. Bernstein Reiterates "Outperform" Rating for Anglo American plc

's stock had its "outperform" rating reiterated by Sanford C. Bernstein in a research note issued on Tuesday.

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Related Topix: Mining, Anglo American, Sanford C. Bernstein

Mon Jun 30, 2014

Morningstar

European Markets Slightly Higher

The FTSE was edged up 0.1%. The CAC 40 Paris also edged up 0.1% while the German DAX was up 0.3%.

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Related Topix: Mining

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