Anglo American PLC

Anglo American Plc is a mining company, which engages in the exploration and mining of precious base metals and ferrous metals. The company operates through the following segments: De Beers, Copper, Platinum Group Metals, Iron Ore, Coal, Nickel and Manganese, and Corporate and Other. The company was founded by Ernest Oppenheimer in 1917 and is headquartered in London, the United Kingdom.

BHP Billiton

Mining giant BHP Group (BHP) has offered to buy rival Anglo American for nearly $39 billion in what would be one of the industry's largest transactions in years.

Mining Giant BHP Bets on Copper With Megabid for Anglo American

Aussie copper and iron ore giant BHP sent ripples through the mining sector after approaching Anglo American with a £31.1 billion bid for its smaller London-listed rival. Under the “unsolicited, non-binding and highly conditional combination proposal”, as Anglo called it, BHP wants Anglo to spin out key subsidiaries Amplats and Kumba This makes sense, in investment bank Jefferies' view; Amplats (Anglo American Platinum) and Kumba Iron Ore are both based in South Africa and listed on the Joburg bourse but “BHP does not want exposure to South Africa”.

BHP's Anglo American offer: Questions over De Beers, rival bids and antitrust as games begin

The London-listed company has held conversations in recent weeks with potential buyers, including luxury houses and Gulf sovereign-wealth funds.

Anglo Considers Sale of Diamond Unit De Beers

United States Copper Index Fund

iPath Bloomberg Copper Subindex Total Return ETN

The deal highlights the strengthening demand for metals such as copper in artificial intelligence and electric vehicles.

BHP, Anglo American May Merge. Why It's All About Copper.

Anglo American shares surged Thursday after mining giant BHP approached it about making a takeover bid.

Anglo American shares surge on possible BHP offer

Anglo American PLC (LSE:AAL) has confirmed it has received an all-paper bid approach from BHP Ltd. Terms of the offer were not disclosed, though Anglo, valued at £29 billion, said the deal would require the demergers of its platinum and iron ore businesses.

Anglo American confirms all-stock BHP bid approach

The mining giant has offered to buy its longtime rival with a market cap of about $35 billion, in a deal that could reshape the global mining industry.

BHP Seeks Mining Megadeal With Anglo American Bid Deal

Hudbay Minerals

BHP (ASX: BHP), the biggest mining company in the world, has made a £31 billion bid for Anglo American (LON: AAL) in what is the biggest deal in the industry in a long time. As a result, Anglo American's shares jumped by over 10% as investors anticipated a bidding war for the company.

As BHP looks into Anglo American, is Hudbay Minerals next?

Mining giant BHP has offered to buy Anglo American, a long-time rival with a market capitalization of about $35 billion, in a potential megadeal that could reshape the global mining industry.

Mining giant BHP offers to buy rival Anglo American in potential megadeal

Global mining giant BHP Group is considering a potential buyout of British multinational mining company Anglo American Plc , Bloomberg News reported on Thursday, citing people with knowledge of the matter.

BHP considering potential buyout offer for Anglo American, Bloomberg reports

BHP Group has made an unsolicited offer for Anglo American, according to a report by Bloomberg.

BHP seeks merger with Anglo American - Bloomberg

More than £1 billion was wiped from the value of Anglo American PLC after the De Beers owner finally agreed with its partners to cut diamond production. It was the most newsy part of the mining giant's first quarter update from Anglo, which revealed a 23% year-on-year decline in rough diamond production to 6.9 million carats (Mct).

Anglo American sees £1bn wiped from its value as it cuts diamond output, but it may have to go further, one bank reckons

Anglo American PLC (LSE:AAL) shares were down in London and down more in Johannesburg after a South African high court granted permission to appeal an earlier ruling denying a huge class action lawsuit in Zambia. The lead poisoning lawsuit by 140,000 women and children will be taken before the Supreme Court of Appeal of South Africa later this year against the group's Anglo American South Africa (AASA) subsidiary.

Anglo American Kabwe lead mine class action granted appeal

Rio Tinto plc Sponsored

The London Metal Exchange (LME) has recently enacted measures that, while significant, are not expected to induce an immediate supply-demand shock in the metals market, according to Goldman Sachs. Despite barring new Russian supplies from April 13 onwards, these changes are primarily procedural, affecting how metals are traded rather than trade fundamentals, said the Wall Street bank.

Goldman sees little near-term impact of LME decision; mining stocks hot to trot

Electra Battery Materials Corp

Glencore PLC

Sprott Nickel Miners ETF

Nickel spot prices were lower the last month and remain very low causing distress to the nickel miners. Nickel market news - Macquarie - Nickel market surplus just 36,000t this year. Nickel prices may soon recover from Indonesia-induced slump. Nickel company news - Vale to build another $2B HPAL plant in Indonesia. BHP has stood down around a quarter of the workforce building its $1.7B West Musgrave Nickel Project.

Nickel Miners News For The Month Of March 2024

Teck Resources

Copper is an essential component for power infrastructure upgrades.

AI Will Drive Big Demand for Copper, J.P. Morgan Says.

Anglo American PLC (LSE:AAL) reported a recovery in De Beers' rough diamond sales for the second cycle of 2024, with sales increasing to $430 million, up 15% from the first cycle's $374 million, though still down 13% year-over-year from $497 million. CEO Al Cook said US customers continued to restock 'conservatively'.

Anglo American's De Beers remains cautious on the US

Nickel spot prices were higher for the last month. Morgan Stanley suggests the possibility nickel (price) is close to a trough “looks increasingly likely". Nickel market news - EU, US to align global minerals push against China's supply grip. US moves to restore stockpiling ‘panic button' in EV metals fight with China. Nickel company news - BHP writes down value of Australian nickel assets after nickel price collapse. Eramet achieves a new record for nickel ore volumes in Indonesia (+72%) in 2023.

Nickel Miners News For The Month Of February 2024

Vale S.A.

VALE reports year-over-year growth in fourth-quarter 2023 revenues on higher iron ore prices and copper sales volume.

VALE Q4 Earnings Fall Short of Estimates, Revenues Increase Y/Y

Anglo American plc (AAUKF) Q4 2023 Earnings Call Transcript

Anglo American said despite committing billions to the Woodsmith development in Yorkshire it has yet to make a final decision on whether to proceed with the fertiliser project. South African mining giant Anglo spent US$641 million on the project near Whitby last year,(2023) to follow US$522 million of expenditure in 2022.

Anglo American still undecided on Yorkshire mine despite spending billions

Anglo American and Vale have agreed to merge two of their monster-sized assets in Brazil into one giant iron ore mine. Through the deal, Vale will transfer its Serpentina operation and integrate it with Minas-Rio next door.

Anglo American unveils new Brazil mega mine as profits tumble

Anglo American posted lower full-year underlying earnings that were slightly above consensus but it trimmed its dividend after net profit missed forecasts on weak prices and as it booked $2.1 billion in impairments.

Anglo American Lower Profit Tops Hopes But Cuts Payout

Johannesburg-based Amplats says one in five jobs will be lost in South Africa amid plunge in profits

Anglo American's platinum arm to cut 3,700 jobs as metal's price dives

The platinum arm of Anglo American PLC (LSE:AAL) could axe around 3,700 jobs at its South Africa operations as part of restructuring plans that aim to cut costs after sharp falls in platinum-group metals prices. Shares in Anglo American Platinum, known as Amplats, announced a 71% tumble in annual underlying earnings to 14 billion South African rand.

News for Anglo American PLC Stock (NGLOY)