Anglo American PLC


  • CAIMANES, Chile, April 12- Alvaro Badillo remembers a time when his dad would take him fishing in the stream just a stone's throw away from the dusty streets of their small hometown of Caimanes in central Chile. It is the tailings dam for Los Pelambres, Chilean miner Antofagasta Plc's flagship copper mine, which holds enough leftover processed rock to fill some...

  • SANTIAGO, March 25- Torrential downpours in the north of Chile, the world's biggest copper producer, have forced companies to suspend operations at several of the area's major mines, putting an estimated 1.5 million tonnes of capacity of the red metal on hold. World No. 1 copper miner Codelco suspended mining operations at its Chuquicamata, Ministro Hales,...

  • SANTIAGO, March 25- The world's number-one copper miner Codelco has suspended all mining operations in the north of Chile due to the state of roads and mine access following heavy rains in the area, the state-run firm told Reuters on Wednesday. Codelco said mining operations at Chuquicamata, Ministro Hales, Radomiro Tomic, Gabriela Mistral, and Salvador had all...

  • Europe markets close lower as oil price falls Monday, 2 Mar 2015 | 11:34 AM ET

    European equities turned lower Monday as a fall in the price of oil once again hit investor sentiment.

  • SANTIAGO, Feb 13- Chile's massive Collahuasi copper mine reactivated its main grinding mill on Friday after halting it earlier this week for minor maintenance work, the company told Reuters. Collahuasi, one of the world's largest copper mines, is a partnership between Glencore Plc and Anglo American Plc. Collahuasi produced 470,400 tonnes of copper last year,...

  • Anglo takes $3.9B writedown after price slide Friday, 13 Feb 2015 | 2:39 AM ET

    Global miner Anglo American took a $3.9 billion writedown after commodity prices tumbled, and it warned of more headwinds.

  • MELBOURNE, Feb 12- Global miner Rio Tinto handed shareholders a $2 billion capital return on top of a higher than expected dividend on Thursday, despite reporting its worst half-year profit in two years. Rio Tinto Chief Executive Sam Walsh, under pressure to please investors to ward off a renewed takeover approach from rival Glencore Plc, said he was confident...

  • As India opens coal sector, global investment cools Monday, 2 Feb 2015 | 6:26 PM ET

    India's plans to attract foreign investment and technology to its coal sector are getting a cool response from some miners and trading houses.

  • Europe ends lower after euro zone deflation deepens Friday, 30 Jan 2015 | 11:33 AM ET

    European equities closed lower on Friday with investors reacting to earnings and euro zone inflation and unemployment reports.

  • European stocks end mixed, Greek banks tank Wednesday, 28 Jan 2015 | 11:34 AM ET

    European markets ended mixed on Wednesday after seesawing for much of the session, with indexes pressures by a staggering slump in Greek bank stocks.

  • Europe closes largely higher; ECB meeting eyed Monday, 19 Jan 2015 | 10:57 AM ET

    European equities closed largely higher on Monday, as investors look ahead to Thursday's European Central Bank meeting.

  • Miners crash, Glencore at low as copper tumbles Wednesday, 14 Jan 2015 | 11:48 AM ET

    Mining stocks sold off sharply on Wednesday, with Glencore falling to an all-time nadir, after copper plunged to a five-and-a half-year low.

  • Jan 13- Former Xstrata Plc Chief Executive Mick Davis is considering a bid for Vale SA's nickel business, the Bloomberg reported. Davis's investment vehicle X2 Resources values Vale's nickel business at $5 billion to $7 billion, Bloomberg said, citing two people, who asked not to be identified because the negotiations are private. X2 has raised about $4.8...

  • Europe stocks close mixed after Greece vote fails Monday, 29 Dec 2014 | 10:34 AM ET

    European shares closed mixed on Monday, with Greece struck by renewed political uncertainty after its politicians failed to agree on a new president.

  • Europe rallies after US jobs data, DAX closes up 2% Friday, 5 Dec 2014 | 11:31 AM ET

    European shares closed sharply higher on Friday after the U.S. monthly jobs report showed the economy adding 321,000 jobs in November.

  • TORONTO, Dec 3- Rio Tinto Plc's re-commitment to diamonds with a $350 million Canadian mine expansion has highlighted the prospects for a handful of smaller players boasting one of the sector's rarest commodities- new mines. Global consumer demand for diamond jewelry is forecast to grow at 4 to 5 percent annually, to $31 billion in 2018 from $25 billion last year,...

  • European shares close lower on commodities turmoil Monday, 1 Dec 2014 | 11:45 AM ET

    European shares closed lower Monday with the falling price of major commodities weighing heavily on the mining and energy sectors.

  • Stocks surge as China central bank cuts rates Friday, 21 Nov 2014 | 7:07 AM ET
    Trader on the floor of the New York Stock Exchange.

    Global equity markets jumped on Friday morning after the Chinese central bank unexpectedly cut interest rates to boost its flagging economic growth.

  • Europe ends in the green; Vodafone up 5.3% Tuesday, 11 Nov 2014 | 11:39 AM ET

    European stocks ended the day in the green on Tuesday afternoon, after fluctuating throughout in the day.

  • Iron ore to suffer another double-digit dive in 2015 Monday, 10 Nov 2014 | 11:00 PM ET

    Iron ore prices have dived this year and there's no respite ahead for the metal, according to Citi, which forecasts double-digit declines in 2015.