Friday Sep 12
Resource Investing News
Anglo American to Stop Production at Peace River Coal Mine
Reuters reported that Anglo American Plc plans to halt production at its Peace River coal mine in British Columbia at the end of this year. Anglo cited weak prices for metallurgical coal as driving its decision.
Friday Sep 12
Anglo American plc Given Outperform Rating at Sanford C. Bernstein
's stock had its "outperform" rating reiterated by Sanford C. Bernstein in a research note issued on Friday. They currently have a GBX 1,850 target price on the stock.
Thu Sep 11, 2014
The Globe and Mail
B.C. coal mine suspends activity amid low prices
Anglo American PLC says low coal prices have forced it to make plans to temporarily halt production at its Trend mine in northeastern British Columbia. "This is a pause and not a withdraw from our long-term vision in British Columbia," Anglo American spokesman Federico Velasquez said in an interview Thursday from Tumbler Ridge, B.C. More than 360 workers will be affected by the company's plans to suspend coal output in late 2014 at the Trend operation near Tumbler Ridge.
Anglo American announces Peace River operations will be placed on care and maintenance
11, 2014 /CNW/ - Anglo American plc announces that it will place its Peace River Coal operations in over the long-term and the development of its new Roman mine, and will complete all preparation works for Roman prior to the care and maintenance period. , Anglo American Coal's CEO, said: "Significant reductions in operating costs and reduced mining activity have failed to offset the impact of a weakening metallurgical coal price.
Tue Sep 09, 2014
Anglo American plc Given Average Rating of "Hold" by Analysts
Anglo American plc has been given a consensus rating of "Hold" by the twenty-four analysts that are currently covering the company, AnalystRatings.Net reports . Three equities research analysts have rated the stock with a sell recommendation, seventeen have issued a hold recommendation and four have assigned a buy recommendation to the company.
Wed Sep 03, 2014
Anglo American plc Rating Reiterated by Deutsche Bank
's stock had its "hold" rating restated by equities research analysts at Deutsche Bank in a research note issued to investors on Wednesday.
The Washington Post
Glencore CEO Glasenberg Rebuffs Anglo American Bid Speculation
Glencore Plc Chief Executive Officer Ivan Glasenberg rebuffed speculation about a possible takeover of Anglo American Plc, saying the world's third-biggest miner is only interested in assets it already trades.
Tue Sep 02, 2014
The New Zealand Herald
British mining company fined $4.5M in Chile
Regulators in Chile have ordered British mining company Anglo American Plc to pay a fine of $4.5 million for violations at one of the five copper mines it operates in the country.
Anglo shares up on report firm open to bids
Shares in global miner Anglo American rose almost 3 percent on Tuesday after Dow Jones reported that the company chief executive said he was open to a takeover approach.
Wall Street Journal
Anglo American CEO Open to Offers
The chief executive of Anglo American PLC, one of the world's largest mining companies, said he won't pull up the drawbridge if a compelling takeover offer arrives.
Fri Aug 29, 2014
Anglo American plc Receives Consensus Recommendation of "Hold" from Brokerages
Shares of Anglo American plc have received a consensus rating of "Hold" from the sixteen brokerages that are presently covering the stock, AR Network reports .
Tue Aug 26, 2014
Anglo American plc Receives Outperform Rating from Sanford C. Bernstein
's stock had its "outperform" rating reaffirmed by equities research analysts at Sanford C. Bernstein in a research note issued to investors on Tuesday.
Mon Aug 18, 2014
Anglo American plc Earns "Outperform" Rating from Sanford C. Bernstein
's stock had its "outperform" rating restated by equities research analysts at Sanford C. Bernstein in a research note issued to investors on Monday.