Anglo American News

There is a trend towards consolidation in the mining industry and BHP Billiton Ltd.

De Beers, the supplier of about a third of the world's rough diamonds, reported a 27 percent increase in sales last year on higher demand for the luxury gems in the U.S., China and India.

South Africa is ramping up spending on railways and roads to lure mining investment as the government fights off calls from within the ruling African National Congress to nationalize the country's mines.

Iron ore is washed on a conveyor belt inside the processing plant at Sishen mine, operated by Kumba Iron Ore Ltd., an iron ore-producing unit of Anglo American Plc.

Labour demands in the south, power problems in the east and new tax burdens in the west: wherever you look in Africa, miners face a perfect storm of soaring costs.

Anglo American PLC said Thursday will report underlying earnings in respect of Kumba Iron Ore Ltd.

Globally diversified miner Anglo American PLC is definitely a takeover target if the announced merger between Glencore International PLC and Xstrata PLC is completed, Robert Friedland, the chairman of Ivanhoe Mines Ltd don't eventually" make a move on Anglo American.

Palabora Mining Co. Ltd., a South African copper producer majority owned by Rio Tinto Group and Anglo American Plc, fell, ending the best four-month rally on the nation's benchmark stock index.

CAPE TOWN, South Africa - - A senior Anglo American PLC executive Tuesday said the nationalization debate is damaging South Africa and for this reason it looks forward to reaching a conclusion on the issue this year.

Already one of the cheapest major mining companies, Anglo American Plc is becoming an even more likely takeover target with Xstrata Plc and Glencore International Plc's potential merger threatening to leave it dwarfed by three of its closest rivals.

Already one of the cheapest major mining companies, Anglo American Plc is becoming an even more likely takeover target with Xstrata Plc and Glencore International Plc's potential merger threatening to leave it dwarfed by three of its closest rivals.

Anglo American Plc headed for its highest in nine months in Johannesburg trading amid speculation a combined Xstrata Plc and Glencore International Plc could make a bid for the diversified mining company.

Xstrata, the mining giant that owns Canada's Falconbridge, and Glencore, the world's largest commodities trader, are on the verge of announcing a merger that would reshape the global mining industry overnight.

David Garofalo, chief executive officer of HudBay Minerals Inc., talks about the company's mining operations in Canada and Peru, and the outlook for copper demand.

It was at the World Economic Forum in Davos a year ago that Codelco's chief executive told his counterpart at Anglo American PLC that Codelco was considering its rights over a prized copper complex in Chile, in which the state-run copper miner had an option.

China's economic growth will remain resilient to a contraction in Europe and underpin longer-term growth in demand for raw materials, according to the heads of Rio Tinto Group and Anglo American Plc.

European stocks drifted lower Friday after mixed data from the U.S. yesterday and after downgrades to French banks unsettled investors.

Anglo American Platinum Ltd. reported a drop in refined output in the final quarter of 2011 Thursday, citing increased safety related work stoppages.

Anglo American PLC on Thursday reported a 5% rise in fourth-quarter iron ore production to 12.4 million tonnes against the same period a year ago, with that figure lifted by production from the Kolomela mine and continued improvement in performance at Amapa.

Walter Energy Inc. may finally lure buyers willing to bet on a recovery in coal prices with the industry's cheapest stock.