PYX Resources: Achieving volume and diversification milestones. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAnglo American Share News (AAL)

Share Price Information for Anglo American (AAL)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 2,677.50
Bid: 2,659.00
Ask: 2,660.50
Change: 48.50 (1.84%)
Spread: 1.50 (0.056%)
Open: 2,610.00
High: 2,701.00
Low: 2,607.50
Prev. Close: 2,629.00
AAL Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Peru copper production growth near 13% in February

Tue, 16th Apr 2024 17:14

LIMA, April 16 (Reuters) - Peru's copper production grew 12.7% in February to reach 216,752 metric tons, the country's energy and mining ministry said on Tuesday.

Peru is one of the world's top producers of copper, and mining is a key driver of the Andean country's economy.

The announcement comes a day after the government reported that the economy

expanded 2.85% in February

, led by just over 17% growth in metals mining, which includes copper.

Copper's February performance was due in part to a 219.4% production boost from Glencore's Antapaccay mine.

Anglo American's Quellaveco mine saw production up 40.7%, with Southern Copper production up 23.1%, the ministry said in a report.

In the year's first two months, Peru produced a total volume of 422,127 tons, 5.4% more compared to the same period last year.

In 2023, Peru was displaced by the Democratic Republic of the Congo as the world's second largest copper producer, although it remains ahead of the African country in terms of the volume of its exports, according to data from both nations.

Mining Minister Romulo Mucho said last month he expects copper production to reach 3.0 million tons in 2024, up from 2.76 million tons last year. (Reporting by Marco Aquino; Writing by Brendan O'Boyle; Editing by Chizu Nomiyama)

More News
14 May 2024 09:55

Anglo CEO says BHP bid forced his hand on demerger of S.Africa assets

JOHANNESBURG, May 14 (Reuters) - The boss of Anglo American said on Tuesday a bid by rival BHP to take over the company forced him to accelerate plans for a spin-off of its South Africa's platinum assets, a move set to cause concerns in Pretoria weeks before a national election.

Read more
14 May 2024 09:52

LONDON MARKET OPEN: Stocks steady after soft jobs data; Vodafone stars

(Alliance News) - Stocks in London on Tuesday edged higher in early trading as soft jobs data boosted hopes of an interest rate cut in June.

Read more
14 May 2024 09:49

Anglo shareholder welcomes proposed strategic revamp

LONDON, May 14 (Reuters) - Anglo American shareholder Aegon Asset Management said on Tuesday it welcomed a proposed strategy revamp at the London-listed mining firm, as it tries to fend off a takeover bid from the world's largest miner BHP Group.

Read more
14 May 2024 09:23

South African rand lower ahead of mining and unemployment data

JOHANNESBURG, May 14 (Reuters) - South Africa's rand weakened early on Tuesday, ahead of local mining and first quarter unemployment data.

Read more
14 May 2024 09:02

TOP NEWS: Anglo American unveils most "radical" strategy in decades

(Alliance News) - Anglo American PLC on Tuesday unveiled a new "radical" strategy that will see it keep copper and iron ore assets, while getting rid of platinum and diamond businesses.

Read more
14 May 2024 08:33

Amplats shares fall 10% as Anglo American eyes demerger

JOHANNESBURG, May 14 (Reuters) - Anglo American Platinum's Johannesburg-listed shares traded down around 10% in early trade on Tuesday, after parent company Anglo American said in a strategic review that it was exploring a demerger of its troubled platinum unit.

Read more
14 May 2024 07:21

Anglo unveils radical shake-up to simplify portfolio, cut costs

(Sharecast News) - Anglo American has announced a "major new phase" in its strategy as it makes radical changes to its business structure to drive shareholder returns and save costs, including the divestment or spin-off of its steelmaking coal, nickel, platinum and diamond operations.

Read more
13 May 2024 17:50

Anglo American rejects BHP's revised $42.7 billion buyout proposal

Had rejected a previous $39 billion all-share proposal in April

*

Read more
13 May 2024 16:55

LONDON MARKET CLOSE: FTSE win streak snapped in tepid start to week

(Alliance News) - London's FTSE 100 ended lower in subdued trade on Monday, with investors anxiously awaiting Wednesday's US inflation data.

Read more
13 May 2024 15:20

UPDATE: Anglo American says new BHP bid undervalues future prospects

(Alliance News) - Anglo American PLC on Monday said the latest bid proposal from mining peer BHP Group Ltd continues to "significantly undervalue" it and its "future prospects."

Read more
13 May 2024 13:47

Anglo American rejects second, £34bn takeover offer from BHP

(Sharecast News) - BHP said on Monday that Anglo American has rejected a revised offer from the Australian miner which valued the company at £34bn.

Read more
13 May 2024 13:46

TOP NEWS: BHP confirms Anglo American rejects improved takeover offer

(Alliance News) - BHP Group Ltd on Monday confirmed that made an improved offer to buy mining peer Anglo American PLC last week, but said the offer was rejected by the Anglo board on Monday.

Read more
13 May 2024 09:41

LONDON BROKER RATINGS: BAE Systems and Mondi cut to 'neutral'

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

Read more
13 May 2024 09:01

LONDON MARKET OPEN: Stocks make steady start as investors eye US CPI

(Alliance News) - Stock prices in London opened modestly higher on Monday, pausing for breath after the recent record breaking run as investors look ahead to key inflation figures in the US.

Read more
10 May 2024 17:21

STOXX 600 closes at record high on earnings, rate cut optimism

Rio Tinto considered bid for BHP-target Anglo American -report

*

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.