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
Thunderstruck Resources CEO Bryce Bradley provides insight on the company’s progress in discovering and exploring zinc, copper and gold deposits in Fiji.
Anglo American Plc. announced the completion of the sale of its 88.17 percent interest in the Drayton thermal coal mine and Drayton South project to Malabar Coal Limited.
Facing increasing demand from the growing electric vehicle market, producers are turning to hard rock lithium to develop battery-grade lithium supply.
Anglo American says the country’s mining industry has comprehensive issues that could be addressed with a “regulatory regime that works for everyone.”
A potential deal could see First Quantum acquire the option to pay US$1.35 billion for a 50-percent stake in Northern Dynasty’s Pebble project.
By Melissa Shaw
The global molybdenum market is expected to grow at a CAGR of over 3 percent from 2017 to 2021. Learn more here about the molybdenum outlook.
Debmarine Namibia, a 50/50 joint venture between the government of Namibia and De Beers, is aiming to start operations of the new vessel in 2021.
Major miners look to copper porphyry deposits for large-tonnage, low-cost operations. We take a look at what makes for a copper porphyry takeover target.
Bryce Bradley of Thunderstruck Resources shares the next catalysts for her company’s four main projects in mining-friendly Fiji.
The impact of an export ban on its Acacia Mining unit was largely responsible for the company’s drop in Q3 production.
Namdeb Holdings, a 50/50 joint venture between the Namibian government and De Beers, operates the four diamond mines in the African country.
By Melissa Shaw
Anglo American recorded a 6 percent increase in output for Q3 and raised its iron ore guidance but lowered its production guidance for platinum.
Peru, the world’s second-largest copper producer, says it plans to raise its output of the metal by almost 30 percent by 2021.