Anglo American has entered a definitive agreement with MMG Singapore Resources, a wholly owned subsidiary of MMG, to divest ...
The miner wrote down the value of its embattled diamond business again as it seeks to ready the division for disposal.
Anglo American has written down the value of its De Beers diamond business for the second time in two years. The ...
Anglo American restructures, selling its Brazil nickel business for $500M while spinning off its South Africa platinum unit.
Anglo American Plc said it’s agreed to sell its nickel business in Brazil to MMG Ltd. for as much as $500 million.
The sale, to a subsidiary of China’s mining company MMG, is part of its effort to simplify operations, following a failed ...
Despite a challenging market environment, Anglo American PLC (AAUKF) showcases strong financial discipline, strategic asset ...
Anglo American plc (“Anglo American”) announced in a statement on Tuesday that it has entered into a definitive agreement to ...
Anglo American posted an annual loss of $3.1 billion on Thursday after taking an impairment of $3.8 billion, mostly due to ...
Anglo-American first announced last year its decision to divest from De Beers, the diamond company that long dominated the ...
The unit sale comes as a broader restructuring aimed at refocusing Anglo American’s operations on copper and iron ore mining ...
Anglo American agreed to sell its nickel business to MMG Singapore Resources for up to $500 million in cash, with upfront payment of $350 million and remaining based on future decisions.