Anglo American plc (AAUKF)
OTCQX OTCQX Primary 
Anglo American: Portfolio Simplification Means A Special Situation
Anglo American is undergoing a major transformation, focusing on copper, premium iron ore, and crop nutrients, while divesting non-core assets like platinum, diamonds, and steelmaking coal. The breakup offers a unique investment opportunity for patient capital, with potential for significant value creation and stock price appreciation over the next 2-3 years. BHP's potential renewed bid post-November 29th could drive short-term stock price gains, but Anglo's own transformation plan holds substantial long-term value.
Anglo American to sell stake in Australian steelmaking coal mines for $1.1 bln
Anglo American said on Monday that it will sell its minority stake in a joint venture that owns a 70% interest in the Jellinbah East and Lake Vermont steelmaking coal mines in Australia for A$1.6 billion ($1.06 billion).
Nickel Miners News For The Month Of October 2024
Nickel spot prices were lower the last month. Nickel market news - The US government is reportedly examining price support mechanisms for domestic critical mineral projects. US Treasury allows miners to access clean energy manufacturing subsidy. Nickel company news - Eramet revises downwards its 2024 production targets for Comilog and PT Weda Bay Nickel.
Anglo American signs agreements to promote polyhalite fertiliser in China
Anglo American on Friday said it had signed agreements with Chinese fertiliser companies Sinochem Fertiliser and BeiFeng AMP to develop the market for polyhalite fertiliser products in China, even as it slowed the development of its mine for the mineral in northern England.
Anglo American plc (AAUKF) Q2 2024 Earnings Call Transcript
Anglo American plc (OTCQX:AAUKF) Q2 2024 Earnings Conference Call July 25, 2024 4:00 AM ET Company Participants Stuart Chambers - Chairman Duncan Graham Wanblad - CEO John Heasley - Finance Director Conference Call Participants Ian Rossouw - Barclays Liam Fitzpatrick - Deutsche Bank Bob Brackett - Bernstein Alain Gabriel - Morgan Stanley Richard Hatch - Berenberg Chris LaFemina - Jefferies Matt Greene - Goldman Sachs Duncan Graham Wanblad Okay. Good morning, everybody.
Anglo American takes $1.6 billion impairment at Woodsmith mine
Anglo American on Thursday took a further $1.6 billion writedown at its costly fertiliser project in Britain as it takes more steps to cut costs after making a loss of $672 million in the first half.
Anglo American hires banks for coal assets sale, sources say
Anglo American has hired three banks for the sale of its steelmaking coal assets, which analysts value at as much as $5 billion and is part of a broader restructuring to fend off an approach from rival BHP , two sources close to the matter said on Tuesday.
Anglo American extends pay for workers of fire-hit Australian mine
Australia's Mining And Energy Union has reached an agreement with Anglo American to extend pay until August-end for workers at its Grosvenor mine that was shut earlier this week due to an ongoing underground fire, the two parties said.
Jefferies says Anglo American coal fire likely to affect met coal sale
A fire at Anglo American's Grosvenor metallurgical coal mine in Australia is likely to negatively affect its Australian met coal business, broker Jefferies said in a note on Monday.
For Diamonds, It Matters Who De Beers Hooks Up With Next
Is it more romantic to buy a diamond that formed in the bowels of the earth than one grown in a lab? Young American couples don't think so.
