Anglo American News

Companies from Vale to Anglo American Plc are experiencing delays in new iron ore projects in Brazil because of permit delays, cost increases and logistics bottlenecks.

TheA FTSE was up 0.7% while theA CAC 40 Paris gained 0.9%. The GermanA DAX advanced 1.2%. However, elsewhere in the region, Spanish stocks fell as worries remained about its banks and the debt situation.

Thomas Keller, who is set to take the helm of the world's top copper producer on June 1, also told the paper that if a deal is not reached within a month, Codelco will revive its litigation against global miner Anglo American.

Hernandez, previously head of base metals at BHP Billiton Ltd. , will leave the post June 1 for personal reasons to be replaced by Chief Financial Officer Thomas Keller , according to a statement on the Chilean securities regulator's website.

European markets gave up opening gains Thursday after steep declines the previous session as worries persisted about a Greek exit from the euro-zone. TheA FTSE was up 0.3% but theA CAC 40 Paris declined 0.2%. The GermanA DAX was off 0.1%. European Union leaders urged Greece to stick to its austerity plan and complete the reforms required to qualify ... (more)

British resources giant Anglo American PLC and Chilean state-run copper company Codelco said in a statement Tuesday they have reached an agreement to launch discussions to settle the squabble.

Anglo American and Chilean copper giant Codelco have agreed to talks in an effort to end a damaging months-long row over the global miner's assets the country's south.

BHP Billiton Ltd.'s loss-making manganese alloy operations in Tasmania secured a reprieve, with smelting set to resume after the mining company found areas in which to cut costs.

International companies trading in New York closed lower Friday, in line with the broader market, amid continuing euro-area worries and concerns about slowing Chinese growth.

A number of other analysts have also recently weighed in on AAUKY. Analysts at Barclays Capital downgraded shares of Anglo American plc from an "equal weight" rating to an "underweight" rating in a research note to investors on Monday, April 2nd.

Vancouver, British Columbia-- - Northern Dynasty Minerals Ltd. announces that the Board of Directors of Pebble Mines Corp., the general partner of the Pebble Limited Partnership has approved a budget of approximately US $107 million to advance the Pebble Project in 2012, with the objective of readying PLP to initiate permitting under the National ... (more)

Gold and copper miner Ivanhoe Australia Ltd has received interest from up to eight bidders for stakes in its projects and may in the process end up with a new controlling stakeholder, said Chief Executive Peter Reeve.

Anglo American Platinum Ltd. said Wednesday it's testing a platinum-based fuel cell-powered mining locomotive, in order to try and jumpstart a fuel cell industry in South Africa.

Staff at Trafigura Group, the third- largest independent oil trader, are getting a real-time snapshot of demand in the top crude and metals-consuming region as they look from their new office onto lines of ships off Singapore.

MADRID Globally-diversifed miner Anglo American PLC said Tuesday that it is confident it can meet conditions set out by the U.K.'s Competition Commission in order to secure approval for a construction materials joint venture with Lafarge SA .Anglo, through its U.K. unit Tarmac Ltd., and French construction company Lafarge announced plans in ... (more)

Globally-diversifed miner Anglo American PLC said Tuesday that it is confident it can meet conditions set out by the U.K.'s Competition Commission in order to secure approval for a construction materials joint venture with Lafarge SA .

Aquarius Platinum Ltd. Monday reported a swing to a net loss due to a high level of work stoppages, lower achieved sale prices and an unusually high level of absenteeism after the Christmas and New Year holidays.