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Pin to quick picksAnglo American Share News (AAL)

Share Price Information for Anglo American (AAL)

London Stock Exchange
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Share Price: 2,680.00
Bid: 2,683.50
Ask: 2,685.00
Change: 2.50 (0.09%)
Spread: 1.50 (0.056%)
Open: 2,693.50
High: 2,740.50
Low: 2,628.50
Prev. Close: 2,677.50
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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)

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30 Apr 2024 16:00

TOP NEWS: Anglo American shares recover on improvement, copper appeal

(Alliance News) - Anglo American PLC reported on Tuesday investors had taken notice of measures the diversified mining group had taken to improve its performance.

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30 Apr 2024 14:11

Copper smelters in leading buyer China wary of BHP-Anglo American tie-up

April 30 (Reuters) - Chinese smelters, the world's biggest buyers of mined copper, are concerned they will lose power to negotiate prices if BHP Group, known locally as "the big miner", succeeds in its bid for rival Anglo American .

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30 Apr 2024 13:13

Anglo to meet top shareholders on BHP bid as takeover rules restrain AGM

LONDON, April 29 (Reuters) - Anglo American's chair will meet its top 30 shareholders to hear views on BHP's $39 billion bid for the miner, he told an annual general meeting on Tuesday, where he was restricted from discussing the spurned offer by takeover regulations.

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30 Apr 2024 09:46

LONDON BROKER RATINGS: Deutsche says buy Barr, Britvic and Fevertree

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

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30 Apr 2024 08:39

As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets

Anglo investors fret over holding shares in South African assets

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29 Apr 2024 17:39

FTSE 100 extends record streak on company news

Anglo American up after report BHP considering better offer

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29 Apr 2024 17:05

Anglo under pressure to reveal plans to fend off BHP as Elliott hikes stake

LONDON/SYDNEY, April 29 (Reuters) - Anglo American faced calls from shareholders on Monday to detail plans for improving its value in order to fend off bidder BHP , as activist investor Elliott further raised the stakes by increasing its holding in the takeover target.

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29 Apr 2024 16:58

LONDON MARKET CLOSE: FTSE 100 as investors look to Fed rate decision

(Alliance News) - The FTSE 100 in London closed higher on Monday, outperforming its European counterparts, as investors eye this week's interest rate decision from the US Federal Reserve.

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29 Apr 2024 15:08

London close: Stocks manage to finish above the waterline

(Sharecast News) - London markets showed resilience on Monday, finishing in the green as investors looked to the start of the US Federal Reserve's policy meeting.

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29 Apr 2024 14:48

Takeover rules to prevent Anglo from saying much on BHP bid at AGM

LONDON, April 29 (Reuters) - BHP's $39 billion bid will be the elephant in the room at Anglo American's Tuesday annual general meeting, with regulations meaning little can be said about the spurned offer.

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29 Apr 2024 13:28

South Africa views BHP bid for Anglo as 'normal market activity'

JOHANNESBURG, April 29 (Reuters) - South Africa views BHP Group's proposed bid for Anglo American as "normal market activity" and is following the process as it unfolds, President Cyril Ramaphosa's spokesperson said on Monday.

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29 Apr 2024 12:37

South African president's spokesperson: BHP bid for Anglo 'normal market activity'

JOHANNESBURG, April 29 (Reuters) - South African President Cyril Ramaphosa's spokesperson said on Monday that BHP Group's proposed offer to buy Anglo American was "normal market activity".

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29 Apr 2024 12:03

LONDON MARKET MIDDAY: Outperforming FTSE 100 spikes to another record

(Alliance News) - London's FTSE 100 was higher heading into Monday afternoon, though trade was more cautious in mainland Europe, as focus turns to this week's Federal Reserve interest rate decision.

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29 Apr 2024 11:51

PRESS: BHP considering improved offer for Anglo American - Reuters

(Alliance News) - BHP Group Ltd is considering making an improved offer for fellow miner Anglo American PLC, according to a report from Reuters on Monday.

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29 Apr 2024 09:50

BHP adviser canvassing investor views on improved Anglo bid, sources say

SYDNEY, April 29 (Reuters) - An adviser to BHP on its $39 billion Anglo American bid is seeking views from some of its shareholders as the miner weighs making a revised offer after its initial proposal was rejected last week, sources said.

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