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Britain: Earnings Rise at Mining Company. Anglo American reported a 76 percent increase in annual profit as it increased production capacity and benefited from higher metal prices.
Sales: In Q2, the Minas-Rio mine area sold 6.636 million mt of pellet feed, up 18% MoM and down 2% YoY, mainly due to delays in some shipments. The average iron grade of quarterly sales was ...
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Anglo American outlines demerger plan for platinum unit - MSNJOHANNESBURG - Mining giant Anglo American (JO:AGLJ) PLC has detailed its schedule for the planned demerger of its majority-owned subsidiary, Anglo American Platinum Limited, set for June this year.
Anglo American stock opened at $14.67 on Friday. The firm has a 50 day moving average price of $15.05 and a two-hundred day moving average price of $15.06. The company has a debt-to-equity ratio ...
Among businesses it is exiting, Anglo American said diamond production in the first half slumped 23% to 10.2 million carats from 13.3 million carats. Diamond output for the second quarter plunged 36% ...
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