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Anglo American Platinum Limited Stock Rating Upgraded by Citigroup
Separately, analysts at Goldman Sachs upgraded shares of Anglo American Platinum Limited from a "sell" rating to a "neutral" rating in a research note to investors on Friday, March 15th.
Sunday | AmericanBankingNews.com
Anglo American plc Upgraded to "Neutral" at JPMorgan Chase
Several other analysts have also recently commented on the stock. Analysts at Societe Generale upgraded shares of Anglo American plc from a "sell" rating to a "hold" rating in a research note to investors on Friday, April 5th.
Sibanye leads gold stock sell-off on unrest
Sibanye Gold led losses among South African gold producers as work stoppages at the country's platinum mines stoked investor concern that renewed labor unrest will curb output.
Colombia's Coal Output Drops 21% in First Quarter From Year Ago
Colombia, one of the top coal exporters in the world, suffered a drop in coal production in the first three months of the year as a result of a labor strike and environmental problems that prompted a halt in output.
The City News: Severn Trent Plc (SVT), United Utilities Group Plc...
Editor's Note: Related tickers: Goldman Sachs Group, Inc. , JPMorgan Chase & Co.
Difficult markets and strained balance sheets continue to dog junior mining companies across the industry and Coro Mining is just the latest to have to make some tough decisions on how best to manage and prioritize its portfolio of assets.
London Markets: Banks, Miners Weigh In London After China Data
Shares of declining banks and resource firms pulled the U.K.'s stock benchmark off its 51/2-year high on Monday, after Chinese industrial-production data missed expectations.
AngloGold Profit Falls, Eyes Asset Sales
South Africa's biggest gold miner AngloGold Ashanti Ltd. on Monday posted lower first-quarter net profit as it was hit by a weaker gold price and a drop in output, and the company said it will look at cutting exploration costs and consider some asset sales in the coming months.
Anglo American plc Upgraded by Nomura to Neutral
Shares of Anglo American plc traded down 3.75% during mid-day trading on Monday, hitting $12.32. Anglo American plc has a 52 week low of $11.70 and a 52 week high of $19.59. The stock's 50-day moving average is currently $13.02. The company's market cap is $31.416 billion.
Chile Collahuasi Copper Mine Begins Early Contract Negotiations
Unionized workers and management at the Dona Ines de Collahuasi copper mine, one of the largest in the world, began new contract negotiations nearly a year ahead of the legally mandated schedule, in the hopes of improving labor relations and averting strikes, the mining company said.
The City News: Anglo American plc (AAL), Antofagasta plc (ANTO), Rio Tinto plc (RIO) & More
Editor's Note: Related tickers: Deutsche Bank AG , Credit Suisse Group AG , Bank of America Corp , Morgan Stanley , Prudential plc , Rio Tinto plc , Antofagasta plc , Anglo American plc , MAN GROUP PLC ORD USD0.03428571 , Anglo American Platinum Ltd Anglo American Platinum to Scale Back S African Job Cuts Anglo American plc platinum arm is ... (more)
U.K. Stocks Retreat as Rio Leads Mining Companies Lower
U.K. stocks fell for the first time in four days, led by a selloff in mining companies, as base metals declined and U.S. economic growth trailed forecasts.
S. Africa Needs $11 Billion to Meet Utilities' Demand for Coal
South Africa needs to lure almost 100 billion rand of investment in new coal mines to meet demand from electricity generators and prevent a repeat of 2008's blackouts, the nation's largest power producer said.
U.K. Peel Hunt Expands Into Mining Sector With New Team
The launch of the Mining sector team expands Peel Hunt's presence in the natural resources area.
Anglo American Shareholder Opposition to Remuneration Report Rises
The number of votes cast against globally diversified mining Anglo American PLC's remuneration report increased this year compared with last year, reflecting continued concerns about high-level-executive pay, data released by Anglo American showed Monday.
Anglo American Plans Euro Benchmark 8-Year Bond
Anglo American Capital PLC, part of mining company Anglo American PLC , plans a euro benchmark eight-year bond, one of the banks running the deal said Monday.
Capitalism needs limits, says Sir Mark
Capitalism still works but needs regulation in order to succeed, Sir Mark Moody Stuart, the former chairman of Shell, has said at a lecture at Plymouth University.