Anglo American anticipates impairment for De Beers amid weak diamond demand
Anglo American expects to book an impairment this year for its De Beers diamond business due to weak market conditions. This ...
Berenberg Bank Sticks to Their Sell Rating for Anglo American (AAUKF)
Berenberg Bank analyst Richard Hatch maintained a Sell rating on Anglo American (AAUKF – Research Report) yesterday and set a price target of ...
Mining17h
Anglo American nears De Beers spinoff
Botswana holds a 15% stake in De Beers, estimated by analysts to be worth $2.5 billion. It has not disclosed the extent of ...
De Beers IPO moves closer for Anglo American as Botswana eyes bigger stake
Anglo American’s spinout of De Beers has moved a step closer after Botswana said it may raise its stake in the world’s most valuable diamond producer. The London-listed miner plans to float or sell De ...
RBC cuts forecasts for Anglo American on weaker copper outlook
RBC Capital Markets has cut its target price for Anglo American from 2,200p to 2,130p and kept an 'underperform' stance on ...
Mining12h
Copper production from Chile rose nearly 5% last year
Copper output from Chile, the metal’s top global producer, rose 4.9% to reach 5.5 million metric tons last year, according to data from copper commission Cochilco released on Friday. Commission data ...
Basic Materials Roundup: Market Talk
Find insight on ArcelorMittal, Anglo American, gold futures and more in the latest Market Talks covering Basic Materials.
Metal2h
Cochilco: Chile's Copper Production to Increase by Nearly 5% in 2024, Codelco's December Copper Production Up by Nearly 22%
According to Webstock Inc., citing foreign media on February 7, data released by the Chilean Copper Commission (Cochilco) on Friday showed that in 2024, copper production in Chile, the world's largest ...