Mining and commodities giant Glencore caught international headlines on Monday after a spectacular crash wiped nearly a third of the company's market value out in a single trading session.
No other mining company fell by even half as much on the...
LONDON (dpa-AFX) - Anglo American Platinum said that Rustenburg Platinum
Mines Limited or "RPM", a wholly owned subsidiary of the Company, has entered
into a Sale and Purchase Agreement on 8 September 2015 with Sibanye Gold Limited
to sell its...
NEW YORK (The Deal) -- Mining group Anglo American
is selling two Chilean copper mines to a consortium led by hedge fund Audley Capital Advisors, its second significant deal since its CEO announced an overhaul of its portfolio of operations...
LONDON (dpa-AFX) - Mining giant Anglo American Plc. (AAUKY.PK, AAL.L)
announced that it has reached an agreement for the sale of its interest in Anglo
American Norte S.A. to an investor consortium led by Audley Capital Advisors
LLP, with Orion...
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.
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