Anglo American (LSE:AAL) is the world’s largest producer of platinum and a major producer of diamonds, copper, nickel, Iron and coal. Started by Ernest Oppenheimer and JP Morgan & Co in 1917, the company became the majority stakeholder in De Beers in 1926. Anglo American has been significantly affected by a slump in platinum demand and the corresponding price drop. Anglo American has also been impacted by a drop in diamond prices with De Beers announcing plans to reduce prices in an attempt to spur demand. Other miners have been impacted by lower prices as well. See below for our latest articles on Anglo American
All of our interviews and articles from this year’s show. Check it out!
Anglo American’s CEO shared his thoughts and suggestions at this year’s PDAC.
Gahcho Kue, a joint venture between De Beers and Mountain Province Diamonds, officially started commercial production on March 2.
Brien Lundin shares his thoughts on zinc and the resource market in 2017.
Reuters reported that heavy rains in central Chile have prompted several miners to suspend operations. Anglo American (LSE:AAL) and Codelco have stopped operations at two mines in the region.
As quoted in the publication:
Any new outages will be keenly watched by copper investors as the market suffers its longest crisis in
A helicopter crash near Anglo American’s (LSE:AAL) Los Bronces mine in Chile has left three people injured, Mining Weekly reported.
Reuters reported that South32 Ltd. (ASX:S32,LSE:S32) could be one of the first companies to purchase the assets that are to be sold by Anglo American plc (LSE:AAL). The company is reportedly interested in Anglo’s manganese unit.
Anglo American plc (LSE:AAL) released its preliminary 2015 results, and they show that it incurred a loss attributable to equity shareholders of $5.6 billion, up significantly from $2.5 billion in 2014.