Anglo American restructures, selling its Brazil nickel business for $500M while spinning off its South Africa platinum unit.
REVENUE FORECAST: The London-listed miner is expected to report $27.27 billion in full-year revenue compared with $30.65 billion for 2023. NET INCOME FORECAST: Analysts expect Anglo to swing to a loss ...
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The miner wrote down the value of its embattled diamond business again as it seeks to ready the division for disposal.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Anglo American has written down the value of its De Beers diamond business for the second time in two years ...
(Alliance News) - Anglo American PLC reported on Thursday it swung to an annual loss after a massive write-down of the value of its diamond unit De Beers and Woodsmith polyhalite fertiliser ...
Anglo American has taken another step towards simplifying its business after agreeing to offload its nickel division for up to $500million. MMG Singapore Resources, a subsidiary of Melbourne ...
Anglo American AAL0.45%increase; green up pointing triangle agreed to sell its nickel business to a subsidiary of China’s mining company MMG for up to $500 million in cash as part of its efforts ...
Mining giant Anglo American has hinted that its stalled fertiliser project in North Yorkshire could resume operations from 2027. The Woodsmith Mine project near Whitby has been on hold since last ...
LONDON - Mining giant Anglo American announced Thursday a fresh write-down of De Beers as it seeks to offload the diamond group amid a wider industry downturn, notably due to weak Chinese demand.
Anglo American agreed to sell its nickel business to a subsidiary of China's mining company MMG for up to $500 million in cash as part of its efforts to simplify operations, following a failed ...
LONDON, Feb 20 (Reuters) - Anglo American (AAL.L), opens new tab posted a $3.1 billion loss on Thursday after a writedown of its De Beers diamond business, as it presses on with shedding unwanted ...