Anglo American plc (AAUKF)
OTCQX OTCQX Primary 
Concrete Steps For The New Anglo American; Buy Confirmed.
Anglo American's restructuring and asset disposals de-risk the business, supporting our Buy rating ahead of H1 results. Recent Valterra spin-off, De Beers exit progress, and executive changes reinforce the company's transformation into a focused copper and iron ore player. Copper remains the core growth driver, with high-quality mines, volume growth, and supportive long-term demand trends, especially after recent US tariffs.
Anglo American Completes Valterra Platinum Demerger
Valterra Platinum shares will begin trading on the London Stock Exchange via a secondary listing on Monday, Anglo American confirmed, after it completed its demerger.
Nickel Miners News For The Month Of March 2025
Nickel spot prices were higher the last month. Critical Raw Materials Act: EU funds 47 raw materials projects, includes 12 nickel projects. Nickel market news - Indonesia's nickel boom is forcing its own smelters to shut down. China to add cobalt, copper, nickel & lithium in boost to state metal reserves. Nickel company news - Vale produced 160kt of nickel in 2024, down from 165kt in 2023. Jinchuan Group International Resources issues a negative profit warning.
Anglo American begins consultation to cut jobs amid business overhaul
Anglo American has begun a consultation process in the United Kingdom and South Africa to cut jobs, amid a broader restructuring aimed at refocusing its operations on copper and iron ore mining, a spokesperson said on Thursday.
Anglo American: Disposal Ongoing With More Value To Come
Anglo American: Disposal Ongoing With More Value To Come
Anglo American plc (AAUKF) Q4 2024 Earnings Call Transcript
Anglo American plc (OTCQX:AAUKF) Q4 2024 Earnings Conference Call February 20, 2024 4:00 AM ET Company Participants Stuart Chambers - Chairman Duncan Graham Wanblad - CEO John Heasley - Finance Director Tyler Broda - Head, IR Conference Call Participants Jason Fairclough - Bank of America Matt Greene - Goldman Sachs Liam Fitzpatrick - Deutsche Bank Ian Rossouw - Barclays Dominic O'Kane - JPMorgan Chris LaFemina - Jefferies Tony Robson - Global Mining Research Bob Brackett - Bernstein Myles Allsop - UBS Alain Gabriel - Morgan Stanley Richard Hatch - Berenberg Ben Davis - RBC Stuart Chambers So, good morning, everyone, and welcome to Anglo American's 2024 Results Presentation. Just a few words from me before I hand over to Duncan and John and starting unsurprisingly with safety.
Anglo American gains as De Beers value written down in search of buyer
Anglo American PLC gained on Thursday after full-year results were coupled with news of another write down for its De Beers diamond unit in search of a buyer. A US$2.9 billion impairment charge had been booked, Anglo said on Thursday, marking the second write down in two years in a bid to offload the unit under a wider reshuffle.
Anglo American posts $3.1 billion loss on writedowns
Anglo American said on Thursday it suffered a loss of $3.1 billion after taking impairment losses of $3.8 billion, mostly due to its ailing diamond unit, as it races to refocus the miner into a major copper producer following a bruising takeover battle from BHP last year.
Anglo American sells nickel business for $500mln
Anglo American PLC has announced the US$500 million (£396 million) sale of its nickel business as the miner continues to shift focus to copper and iron ore. MMG Singapore Resources, a subsidiary of Hong Kong's MMG Ltd, would buy the unit, which operates two ferronickel operations in Brazil, for US$350 million upfront, Anglo said.
Anglo American eyes dividend before June platinum wing spinoff
Anglo American PLC has said its platinum division will be spun off by June and pay an additional dividend before the split. Following “significant” progress, the miner on Monday flagged efforts to complete the latest of a string of demergers in the summer and pay out US$0.9 billion (£0.7 billion) to shareholders.
Nickel Miners News For The Month Of January 2025
Nickel spot prices were lower the last month. Nickel market news - Nornickel: "Around 40% of all nickel producers are loss-making at the current price." Indonesia is considering policy to reduce nickel mining quota in 2025 to 150kt. Nickel company news - Nornickel nickel production in 2024 decreased 2% to 205 kt. Vale's nickel production was slightly lower in 2024 at ~160kt.
Anglo American offloads Jellinbah coal mine stake for $1bn
Anglo American PLC has confirmed the US$1 billion (£0.8 billion) sale of its stake in the Jellinbah East and Lake Vermont steelmaking coal mines in Australia. Anglo said Wednesday its 33.3% stake in Jellinbah Group Pty Ltd, which owns a 70% interest in the mines, was sold to joint venture partner Zashvin.
