Browsing Tag
Anglo American
28 posts
Teck Resources profit reaches C$1.59 billion as copper prices surge, but Quebrada Blanca remains volatile
Teck Resources has delivered sharply higher third-quarter earnings and cash flow as copper prices and by-product revenue improved, although its Quebrada Blanca operation remains exposed to weather and processing constraints while the proposed Anglo American merger progresses.
Could Richemont joining a De Beers bid turn Cartier’s owner into a diamond supply-chain investor?
Richemont is reportedly considering joining a consortium pursuing De Beers, potentially giving Cartier’s owner direct exposure to upstream natural-diamond supply.
China copper supply condition puts Anglo Teck merger at centre of concentrate squeeze
China is reportedly seeking copper concentrate supply commitments before approving the Anglo American and Teck Resources merger. The demand would connect a $54 billion transaction involving only about 5% of global copper supply to a much bigger problem: China’s enormous smelting industry is running short of mine feed.
Anglo American wants to sell De Beers, so why is it turning off the taps at Venetia now?
De Beers will pause Venetia mine production for two years to cut costs, testing Anglo American's divestment process amid a deep natural diamond downturn.
Why BHP chose Brandon Craig as Jansen costs and labour pressure intensify
Brandon Craig is taking control of BHP with copper growth accelerating, but the incoming chief executive must first confront potash cost overruns, industrial relations pressure and increasingly difficult capital-allocation choices.
Anglo American agrees $3.9bn Australian coking coal sale to Dhilmar, completing steelmaking coal exit before Teck merger closes
Anglo American just sold its best non-copper asset for $3.88 billion. The buyer is barely 18 months old. The Teck merger countdown explains why.
Anglo American (LSE: AAL) closes 3.9% higher as copper hits record on China acid ban
Iran war disrupted sulphur. China halted acid exports. Chile's copper output is squeezed. Anglo American shareholders are watching the whole chain unfold.
BHP Group (ASX: BHP) leads ASX 200 miners higher as copper thesis reignites supercycle trade
Base metals are flat. Iron ore hasn't moved. So why is BHP Group ripping the ASX 200 to a two-week high? The copper thesis is back in play.
Brussels opens phase II probe into UPM and Sappi paper JV as Sappi (JSE: SAP) trades near 52-week low
Europe's two largest graphic paper makers want to merge their declining businesses. Brussels says that may leave printers with fewer choices and higher prices.
Why 2025 became the year of collapsed mega-deals in Australia: Inside the Santos, BHP, and Anglo American blowups
Australia saw multiple mega-deals collapse in 2025, including failed bids for Santos and Anglo American. Discover what derailed these billion-dollar takeovers.