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...
Mining giant Anglo American is making progress on its quest to chip away at its $12.9 billion (£8.8 billion) debt pile, raising $1.5 billion (£1 billion) to do just that by selling off two of its businesses.
Anglo announced on Thursday that it...
A group of top City of London shareholders and businessmen says executive pay is "not fit for purpose" and needs serious reform.
The Executive Remuneration Working Group, set up last September by the Investment Association, says in its draft...
Diamond firm to move from Charterhouse Street to Anglo American’s HQ next to St James’s Park as part of debt-cutting drive
De Beers, the world’s largest diamond company, is to leave its UK headquarters after almost a century, as parent...
Mining giant pledges to consult shareholders over pay policy in future after 41% voted against remuneration report
Mining company Anglo American reiterated it was “mindful” of shareholder concerns over executive pay, and pledged to consult...
Anglo American: early results show 41% vote against pay deal
Earlier: Draghi defends ECB independence against critics
ECB leaves interest rates on hold
Draghi’s press conference live
Germany has responded to the earlier...
Oops! Unable to complete your request. Please refresh your browser.
The article on this company has not been written yet. If you're the first person to write this article, it's a sure thing that you'll be credited as a Top Contributor. For tips on getting started, check out the sample article.
You may also be interested in articles related to Anglo American (AAUKY):