Anglo American Tag

Anglo American has reported a 6% year-on-year production rise for the second quarter of 2018, driven by higher copper and metallurgical coal output. Copper production increased by 12% to 158,000 tonnes, driven by higher grades, while coking coal soared by 33% to 5.3 million tonnes, but...

Anglo American has released positive third quarter results including an increase in production guidance for its Kumba Iron Ore subsidiary. The world’s fifth-largest miner has lifted Kumba’s production guidance by an additional 1 million tonnes (Mt) to between 42-44Mt for 2017. The overall rise is based on...

Anglo American’s diamond division De Beers launched the world’s biggest diamond exploration ship off the coast of Namibia seeking to consolidate high production levels until 2035. The 12,000 tonne, US$157 million SS Nujoma will enable Debmarine Namibia, a 50/50 joint venture between Nambia’s government and De...

Anglo American (LSE:AAL) has completed the sale of its 83.33% interest in the suspended Dartbrook coal mine in New South Wales (NSW) to Australian Pacific Coal (ASX:AQC). The Dartbrook mine, located in the coal-rich Hunter Valley region of NSW, will now formally change hands after a...

London’s FTSE 100 stock market index closed at a record high on Monday thanks to a jump in the price of oil and other commodities, which boosted the share prices of several LSE-listed energy giants. Oil majors BP (LSE:BP) and Royal Dutch Shell (LSE:RDSA), who together...