Anglo drops after disappointing update from platinum business
After Monday’s surge in shares and sterling as the spectre of Brexit seemed to recede, there is a more cautious mood in the City.
Mining shares are heading lower as commodity prices...
Fall in copper price hits mining shares but oil companies and retailers rise
Leading shares came off their best levels after a spate of profit taking in mining shares, but still managed to hit a near six week closing high.
A late fall in copper...
LONDON (dpa-AFX) - Mining company Anglo American Plc (AAUKY.PK, AAL.L)
announced Friday the appointment of Bruce Cleaver as CEO of the De Beers Group.
He succeeds Philippe Mellier, who has decided to step down after five years in
Mining group Anglo American has retained De Beers as a prize asset after a radical overhaul in the belief that surging Chinese and Indian demand for diamonds will outstrip dwindling supply even after a 2015 crunch.
Broker says it sees a subtle shift in Anglo’s strategy
Despite mining shares remaining under pressure as the dollar rises and concerns re-emerge about slowing growth in China, Anglo American has managed to edge higher.
Its shares are currently...
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