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(Alliance News) - Stock prices in London opened in the green on Wednesday, as hopes for US interest rate cuts in the new year continued to propel global equities higher.
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(Sharecast News) - London's stocks returned from the Christmas break in the green on Wednesday, boosted by a late Santa rally on Wall Street overnight.
Read more(Alliance News) - Anglo American PLC on Wednesday reported that annual rough diamond sales at De Beers crashed, but the strong monthly performance indicated that stock levels are stabilising in the diamond industry.
Read more(Sharecast News) - Anglo American has said it is finally seeing signs of a rebalancing in the diamond market after De Beers' final tender of the year saw a pick-up in revenues, after a huge slide in sales over 2023.
Read moreAnglo American PLC - London-based mining company - Notes dismissal of class action certification application by High Court of South Africa. Class action was brought against Anglo America South Africa Ltd on behalf of children and women of childbearing age from Kabwe, Zambia, regarding the effects of lead pollution there. According to Human Rights Watch, zinc and lead mined at Kabwe from 1904 to 1994 produced extremely high toxic lead levels which continue to affect the health of local residents. Various British colonial companies owned the mine before its nationalisation, including Anglo American. Anglo American said the High Court recognised "multiple legal and factual flaws in the claim".
Read more(Sharecast News) - Mining company Anglo American has seen the High Court of South Africa dismiss a class action certification application brought against its wholly-owned South African subsidiary for lead pollution in Zambia.
Read more(Alliance News) - Glencore PLC said on Wednesday its shareholders have raised questions about how the company intends to integrate Teck Resources Ltd's steelmaking coal business into its green plan.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:
Read more(Alliance News) - Stocks in London are called to open slightly higher on Wednesday, despite shock data on the UK economy and pre-interest rate nerves.
Read more(Alliance News) - London's FTSE 100 spent most of the day solidly in the green, and the CAC 40 in Paris spiked to a record high, though Tuesday's rally waned and signs of caution emerged again ahead of a trio of central bank decisions.
Read more(Alliance News) - Blue-chips in London posted modest losses at the close on Monday as a late rally saw most of the early deficit recouped.
Read more(Alliance News) - Stock prices in London were on the decline heading into Monday afternoon, with enthusiasm at a minimum ahead of an eventful week with central bank decisions on the horizon.
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LONDON, Dec 11 (Reuters) - Mine closures and disruptions have rapidly changed the landscape for copper supplies and prompted analysts to lower their forecasts for surpluses in a positive signal for prices of the industrial metal.
Read more(Sharecast News) - Analysts at Berenberg slashed their target price on multinational mining group Anglo American from 2,000.0p to 1,500.0p on Monday, stating its recent update left "a lot to answer".
Read more(Sharecast News) - London's financial markets closed positively on Friday as investors digested the latest non-farm payrolls report out of the United States.
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