Anglo American Share News (AAL)

De Beers Canada JV partner says diamond miner in no rush to sell

TORONTO, June 20 (Reuters) - The proposed spin off of Anglo American's De Beers diamond unit will take 'some time' and the miner is not rushing to complete the split, Mark Wall, CEO of Mountain Province Diamonds, the Canadian joint venture partner of De Beers's Gahchu Kue mine, said this week.

LONDON BROKER RATINGS: UBS raises Landsec; Berenberg cuts SSP

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

London's FTSE 100 gains after CPI shows in-line inflation, copper prices boost

FTSE 100 up 0.2%, FTSE 250 up 0.1%

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Anglo American expects 30% drop at key Chile copper mine in 2025

SANTIAGO, June 18 (Reuters) - Anglo American's copper output at its Los Bronces mine in Chile is expected to fall nearly a third from average historical levels next year as the miner pauses a processing plant for maintenance, the company's Chile head said on Tuesday.

LONDON MARKET MIDDAY: FTSE 100 makes tepid start as peers climb

(Alliance News) - Equities in London made an uncertain start to the week, with the FTSE 100 heading into the afternoon in negative territory, as miners struggled following underwhelming China data.

LONDON MARKET OPEN: European shares recover but Asian stocks struggle

(Alliance News) - London's FTSE 100 started the week in decent shape, recovering some momentum after a tough week, as investors ready for Thursday's Bank of England decision.

Freeport's Kathleen Quirk becomes CEO as global copper demand surges

June 11 (Reuters) - Copper giant Freeport-McMoRan officially installed Kathleen Quirk as its next CEO on Tuesday, making her the highest-ranking woman ever in the mining industry at a time of surging demand for the red metal used across the global economy.

LONDON BROKER RATINGS: Morgan Stanley cuts Anglo American

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

LONDON MARKET OPEN: FTSE 100 up; UK unemployment rises to 4.4%

(Alliance News) - Stock prices in London opened higher on Tuesday, after a difficult day for markets on Monday amid the EU election fallout.

Gemfields picks ex-De Beers chief executive Bruce Cleaver as new chair

(Alliance News) - Gemfields Group Ltd announced on Tuesday that former De Beers boss Bruce Cleaver will become its new chair from next month.

LONDON BRIEFING: FTSE 100 called up despite unemployment rise

(Alliance News) - The FTSE 100 in London was called to open higher on Tuesday, after data showed that unemployment in the UK unexpectedly rose.

IN BRIEF: Tertiary Minerals starts exploration at Zambian project

Tertiary Minerals PLC - mineral development company focused on deposits in the US, Zambia and Northern Europe - Announces the start of exploration operations at its Mupala copper project in the Kabompo Dome in Zambia. Notes the project is located adjacent to the Anglo American/Arc Minerals joint venture project, where Anglo American has a right to earn a 70% interest through expenditure of USD88.5 million, and 12 km west of the company's Mukai project. Expects work to start this week with reporting of provisional results upon completion. Executive Chair Patrick Cheetham says: "Momentum is now building for our current exploration season. Drilling is in progress at Konkola West with KoBold Metals and Mwashia Resources and we announced last week the consolidation of three additional projects into our new subsidiary, Copernicus Minerals, where drilling plans are also being advanced."

Copper output from Chile's Codelco slides 6% in April

SANTIAGO, June 7 (Reuters) - Copper production from Chile's state-run miner Codelco, the world's largest producer of the metal, dropped 6.1% in April compared to the same month last year to total 95,100 metric tons, data from copper commission Cochilco showed on Friday.

Botswana may raise De Beers stake as Anglo weighs spin-off

JOHANNESBURG, June 6 (Reuters) - The Botswana government may raise its shareholding in global diamond miner De Beers, President Mokgweetsi Masisi told JCK News, after parent company Anglo American said it plans to spin off or sell the business.

Foreign takeovers of UK firms hit four-year low in early 2024

(Alliance News) - British firms saw a sharp decrease in takeover deals by foreign companies in the last quarter, the Office for National Statistics (ONS) said.