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Anglo American PLC

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  • 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...

  • 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.

  • Europe closes lower after US job data, Ukraine fears Friday, 7 Nov 2014 | 11:59 AM ET

    European stocks closed lower on Friday after the U.S. economy produced fewer than expected jobs in October and tensions in Ukraine flared.

  • Europe closes higher; earnings in focus Thursday, 23 Oct 2014 | 11:34 AM ET

    European shares enjoyed a late-stage rally after better-than-expected economic data and in spite of worries over lackluster earnings.

  • BRASILIA/ RIO DE JANEIRO, Oct 16- An iron-ore mining company controlled by Brazilian tycoon Eike Batista filed for bankruptcy on Wednesday, the third time in a year that a unit of the former billionaire's EBX industrial group has sought protection from creditors. MMX Sudeste Mineracao SA, the company that made the petition, holds nearly all the significant...

  • JOHANNESBURG, Oct 14- South Africa's mines minister Ngoako Ramatlhodi said he was considering declaring certain minerals such as coal and iron ore as "strategic" for the country. If that bill is signed into law, then it will give the minister the ability to declare certain minerals strategic for purposes of industrialisation in South Africa, "he said.

  • RIO DE JANEIRO, Sept 30- Anglo American Plc said on Tuesday that it obtained a Brazilian license to start operating its long-delayed, $14 billion Minas-Rio iron ore mining project, which is expected to enable its first shipment of ore by year-end.

  • European shares close lower; Tesco tanks Monday, 22 Sep 2014 | 12:11 PM ET

    European shares closed down on Monday, with sentiment curbed by lower commodity prices as well as an profit warning from supermarket Tesco.

  • Metals malaise weighs on equity markets Monday, 22 Sep 2014 | 6:13 AM ET

    The prices of a range of commodities slid further Monday, dragging down stocks as investors feared more pain ahead for the asset class.

  • UPDATE 1-Petra finds $10 million-plus white diamond Tuesday, 9 Sep 2014 | 3:35 AM ET

    Sept 9- Petra Diamonds Ltd has recovered a 232.08 carat white diamond at its Cullinan mine in South Africa, which three analysts said could fetch between $10 million and $16 million. Shares in the diamond miner climbed as much as 6.5 percent in early Tuesday trading, the biggest rise on Britain's FTSE -250 Midcap Index.

  • Europe shares close lower as mining stocks fall Monday, 8 Sep 2014 | 11:43 AM ET

    European shares closed lower on Monday, with the decline led by the U.K.'s FTSE 100 after weak trade data from China.

  • 78-carat diamond goes missing in Namibia Thursday, 4 Sep 2014 | 1:42 PM ET
    The De Beers sign is shown at the diamond company’s New York store.

    The report does not specify the value of the gem, but a diamond of the same size sold for $6 million in 2011.

  • European shares slipped to close marginally lower, as investors monitored events in eastern Ukraine and reacted to economic data from the region.

  • Europe closes lower on reports of Russia incursion Friday, 15 Aug 2014 | 11:42 AM ET

    European stock markets closed down on Friday, on reports that Ukrainian troops had destroyed part of a military unit entering from Russia.

  • Chinese brides give diamond market sparkle Friday, 25 Jul 2014 | 6:18 AM ET

    Chinese brides and Indian festivals will drive diamond demand into new year, the CEO of De Beers told CNBC.

  • Gold gets geopolitical boost, ends near $1,314 Monday, 21 Jul 2014 | 2:16 PM ET

    Gold steadied above $1,300, aided by anticipation of increased geopolitical risks as the U.S. began demanding answers from Russia after MH17.