Dollar’s Loss is Gold’s Gain
Gold – The gold price was off to the races again this week, climbing on healthier stock markets and good news out of the European Central Bank.
Articles Tagged "anglo american plc"
“Misunderstood” Nickel Could Rally in 2013
Nickel – The wave of supply expected to flood the nickel market may never come, states a new report, and that could lift nickel prices this year.
Anglo American Says Kumba Iron Ore Profits Will Drop 20 Percent
Iron – Bloomberg reported Anglo American Plc (LSE:AAL)’s Kumba iron ore unit said profit will drop at least 20 percent this year on lower prices and strikes in South Africa.
Anglo American Needs More Managers
Platinum – Bloomberg reported South Africa's Finance Minister, Pravin Gordhan says Anglo American Plc (LSE:AAL) should appoint more South Africans to its board and senior management.
Amplats Cuts Platinum Forecasts
Platinum – Bloomberg reported Anglo American Plc (LSE:AAL) cut its platinum output forecast after strikes in South Africa and says it will overspend again on its Minas-Rio iron ore project.
Kumba Iron Expects To Restart Production
Iron – Bloomberg reported Kumba Iron Ore Ltd. (LSE:KIO) expects to restart production within days at its Sishen mine in South Africa after a two-week strike at the Anglo American Plc (LSE:AAL) unit ended with police arrests.
Anglo American Closes Sishen Iron Mine
Iron – Bloomberg reported Anglo American Plc (LSE:AAL)’s Kumba Iron Ore unit shut output at its Sishen mine in South Africa after striking workers blocked access to a pit.
Anglo American Announces 12-Month Delay at Brazilian Iron Ore Project
Iron – Reuters reported Anglo American (LSE:AAL) sparked further disappointment with a 12-month delay for its trouble-prone Brazilian iron ore project in addition to missing production expectations.
Anglo American Will Cut Nearly $200 Million In Capex
Platinum – Mining Weekly reported Anglo American (LSE:AAL) says it will cut nearly $200-million out of the capital expenditure programme by year-end.
Challenges Face Anglo American
Platinum – Reuters reported falling profits at Anglo American's (LSE:AAL) and a major organizational reshuffle have highlighted the troubles facing the miner.
