Anglo American targets $1.8B cost savings and copper growth to 1M tons by 2027
Discover key insights from Anglo American's Q4 2024 earnings call, including $1B cost savings, strategic portfolio moves, and future copper-focused growth.
Mining Weekly2d
Promising renewable diesel pilot production plan announced by powerful partnership
The launch of a pilot initiative to produce feedstock for renewable diesel in South Africa was announced on day two of the ...
worldenergynews.com2d
Anglo writes off De Beers and continues with business overhaul
Anglo American reported a $3.1billion loss on Thursday, after writing down its De Beers business. The company is continuing to shed unwanted assets.
Anglo writes down De Beers, pressing on with business overhaul
Anglo American posted an annual loss of $3.1 billion on Thursday after taking an impairment of $3.8 billion, mostly due to ...
Gold Stocks2d
Anglo American (LON:AAL) and Codelco Secure $5 Billion Copper Deal
Anglo American (LON:AAL) and Chilean state-owned miner Codelco have reached an agreement to jointly develop their adjacent ...
Anglo American Posts $3 Billion Loss After Large De Beers Impairment — Commodities Roundup
Shares were down 45.05 pence, or 34%, at 85.95 pence in early afternoon European trading, having hit a low of 68.05 pence earlier in the session and marking their lowest level since January 2017.
Mining Weekly2d
Anglo American achieves strong operational, cost performance; portfolio simplification progressing
Global miner Anglo American achieved a strong operational and cost performance for the year ended December 31, with $1.3-billion of costs removed on a run rate basis and a further $500-million to come ...
Chinese retailers are offloading polished diamonds as demand tanks, adding to a $2 billion inventory headache for De Beers
Anglo American's CEO says the headwinds from lab-grown diamonds were surmountable as owner writes down $2.9 billion of De ...
The Mining Journal2d
Anglo writes down De Beers again, inks Codelco deal
Anglo American PLC has announced a new US$2.9 billion write-down for its De Beers diamond arm, as it continues to search for a buyer for the unit, as the pivot ...
Anglo American writes down De Beers value by another $2.9B but analysts see progress
Anglo American (OTCQX:AAUKF) (OTCQX:NGLOY) said Thursday it wrote down the value of its struggling De Beers diamond business ...
Buy3d
Anglo American swings to 2024 loss on huge write-downs, but shares up
Anglo American reported revenue of USD27.29 billion in 2024, down 11% from USD30.65 billion. As a result, underlying earnings before interest, taxes, depreciation and amortisation fell 15% to USD8.46 ...