Anglo American Share News (AAL)

Sunday newspaper round-up: Copper, Boeing, OPEC+

(Sharecast News) - Analysts believe that copper prices might fall sharply if the US central bank starts lowering interest rates. According to analysts at Liberum that is because once prices are brought under control and the Fed starts cutting rates the metal will lose its attractiveness as an inflation hedge. An increasing number of analysts also believe that an increased need for copper on account of the green revolution has already been priced in. - The Financial Mail on Sunday

Botswana's Debswana diamond sales fall 48% in first quarter

GABORONE, May 31 (Reuters) - Debswana Diamond Company's rough diamond sales fell 48.3% in the first quarter of 2024, data released by Botswana's central bank showed Friday, as the sluggish market conditions faced in 2023 continued into the beginning of the new year.

Take Five: Cool jobs at last

May 31 (Reuters) - The start of a new month can mean only one thing for investors: time for the all-important monthly U.S. employment report, but also for a likely European Central Bank rate cut, as well as the outcome of India's marathon general election.

Anglo starts formal divestment of coal, nickel after rebuffing BHP, CEO says

LONDON, May 30 (Reuters) - Anglo American is starting a formal process to sell its coal assets and explore options for its nickel operations after fending off a takeover threat from bigger rival BHP Group, Chief Executive Duncan Wanblad said on Thursday.

South African inflation risks ease but no rate cut yet

South Africa's central bank keeps repo rate unchanged

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How a rattled South Africa became Anglo's best defence against BHP bid

BHP deal fell apart as Anglo rallied around structure

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UK politicians urge Anglo to rethink fertiliser project halt

LONDON, May 30 (Reuters) - UK politicians are calling on Anglo American to rethink halting its work at the Woodsmith fertiliser project in northern England, part of an asset overhaul Anglo announced after rejecting takeover proposals from global miner BHP Group.

How a rattled South Africa became Anglo's best defence against BHP bid

BHP deal fell apart as Anglo rallied around structure

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UK politicians urge Anglo to rethink fertiliser project halt

LONDON, May 29 (Reuters) - UK politicians are calling on Anglo American to rethink halting its work at the Woodsmith fertiliser project in northern England, part of an asset overhaul Anglo announced after rejecting takeover proposals from global miner BHP Group.

LONDON BROKER RATINGS: Jefferies and UBS cut Anglo American

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday:

Jefferies downgrades Anglo American to 'hold'

(Sharecast News) - Jefferies downgraded Anglo American to 'hold' from 'buy' on Thursday and slashed the price target to 2,700p from 3,200p after BHP abandoned its £39bn pursuit of the London-listed miner as the deal structure couldn't be resolved.

LONDON BRIEFING: Dr Martens cuts payout as profit plummets

(Alliance News) - Stocks in London are called to open lower on Thursday, with investors nervous ahead of Friday's US inflation print.

UPDATE: Anglo American backs "clear pathway" after BHP ends pursuit

(Alliance News) - Anglo American PLC on Wednesday said it can "unlock significant value for its shareholders", as the miner goes at it alone after successfully fending off a takeover tilt from larger peer BHP Group Ltd.

BHP walks away from $49 billion pursuit of mining rival Anglo

Anglo reiterates BHP offer difficult to execute, erodes value

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European shares suffer worst day in over 6 weeks as rate jitters persist

Royal mail owner IDS surges after agreeing to $4.6 bln takeover

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