Anglo American (AAUKY)

QUOTE AND NEWS
guardian.co.uk  Jul 24  Comment 
Weaker demand from China has caused commodity prices to fall to levels not seen since 2009, and mining groups are feeling the pain The party is over in the mining industry – again. There is a strong whiff of 2009, the year after the great...
Wall Street Journal  Jul 24  Comment 
Anglo American’s better-than-expected results don’t change the fact that the company is struggling to keep up with falling commodities prices.
Financial Times  Jul 24  Comment 
UK miner’s first-half earnings drop more than third on previous year
Wall Street Journal  Jul 24  Comment 
Anglo American reported a $3 billion loss and said it would cut 53,000 jobs, or about 35% of its workforce, over the next few years as plunging commodity prices wreak havoc on the bottom lines of miners.
Reuters  Jul 24  Comment 
* Graphic on Anglo vs peers: http://link.reuters.com/cyx94w (Adds details on potential new sales, reference to Lonmin job cuts)
Financial Times  Jul 22  Comment 
Miners the weakest sector in the FTSE 100
The Economic Times  Jul 22  Comment 
The mining index slid 4.7 per cent, as metals prices fell sharply. Diversified miner Anglo American fell 6 per cent to a 13-year low.
Reuters  Jul 21  Comment 
De Beers, part of global mining group Anglo American, is to sell more of its diamonds mined in Namibia to local cutters and polishers rather than abroad.
newratings.com  Jul 21  Comment 
LONDON (dpa-AFX) - Mining giant Anglo American Plc. (AAUKY.PK, AAL.L) will report underlying earnings in respect of Kumba Iron Ore Limited of $192 million for the six months ended 30 June 2015, which takes into account certain adjustments. Kumba...





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