LONDON, May 30 (Reuters) - A drop in major mining stocks dragged down Britain's blue-chip equity index on Friday, frustrating the market's attempts to break new ground and hit record highs.
LONDON, May 30 (Reuters) - A drop in major mining stocks weighed on Britain's blue-chip equity index on Friday, undermining the market's attempts to break new ground and hit record highs.
export for the country, at Anglo American Platinum, Impala Platinum, and ..... setback to the all-important mining industry, state-owned utility ..... of its consumers, primarily mining firms, to cut back consumption ..... surprisingly, therefore, both mining output and manufacturing production
investment side of the economy. In mining that would be folks that produce ..... that nature. Glaser: In the mining space, though, is this already ..... we've seen equity prices in the mining space fall significantly ..... would [TICKER:AAUKY] be Anglo - American , which is the world's largest
as falling commodity prices combined with lower manufacturing activity to pressure stocks. Major miners such as Anglo American AAL fell 26% during the quarter. BHP Billiton BLT fell over 13%, and newly combined Glencore Xstrata PLC GLEN gave
contracts with platinum miner Anglo American AAUKY that will lead to a ..... roughly GBP 400 million). Anglo looked to revise the terms ..... year highlighted by higher mining costs and strikes. As part ..... palladium the company buys from Anglo . The new contract begins ..... the blow from the revised Anglo deal.
Mineral Resources, or DMR, Anglo American AAL announced today a revised ..... profitability. While we had expected Anglo would, in the normal course ..... pared materially. Whereas Anglo 's original plan had envisaged ..... reduction of only 6,000 mining and processing employees. Surprisingly, Anglo indicated it remains committed
We've changed our moat trend for Anglo American AAL to stable from positive. Our positive moat trend rating had ..... and the Barro Alto nickel mine would materially improve Anglo 's relative cost position in their respective commodities
LONDON, Jan 16 (Reuters) - Weak mining stocks tipped Britain's top shares into negative territory on Wednesday, with Anglo American among the biggest losers after worker unrest at its platinum mines.
On Tuesday, Anglo American AAL outlined a turnaround plan for its ..... Rustenburg area, which would pare Anglo 's annual baseline production by an ..... head count at the shuttered mines. Anglo indicated that up to 14,000 jobs