Wednesday, April 7, 2010 as of 11:14 AM ET
Anglo American plc (, ) is a British multinational mining company headquartered in London, United Kingdom.
Read More at Wikipedia ›The timing for the resignation of Chilean state copper giant Codelco's Chief Executive Diego Hernandez was unexpected but it won't weaken the company's image, the chairman of the company's board said Friday.
Codelco is in the middle of a legal battle with Anglo American PLC (AAUKY, AAL.LN) over an option the state miner has for a stake in Anglo's Sur copper mining complex."This was Diego Hernandez's personal decision. We tried to find the best moment, but it wasn't possible," Chairman Gerardo Jofre told reporters.He said the board was previously aware of Hernandez's wish to leave the world's biggest copper miner.Earlier this week, Hernandez tendered his resignation, effective June 1, citing personal reasons.In addition to speculating that Hernandez could be headed to London-listed Chilean miner Antofagasta PLC (ANTO.LN) to fill the vacant CEO spot, local newspapers reported his resignation was due to differences with the board over management styles, but Jofre denied these reports."We h...Anglo American Platinum Ltd. (AMS.JO) said Wednesday it's testing a platinum-based fuel cell-powered mining locomotive, in order to try and jumpstart a fuel cell ind...
Anglo-Swiss miner Xstrata PLC (XTA.LN) said Tuesday its operating and financial performance remains strong after unveiling a mixed first-quarter output report and sa...
The U.K.'s Competition Commission said Tuesday that Anglo American PLC (AAL.LN) and Lafarge SA (LG.FR) will have to sell a significant number of assets in order to g...
Globally-diversifed miner Anglo American PLC (AAL.LN) said Tuesday that it is confident it can meet conditions set out by the U.K.'s Competition Commission in order ...
Aquarius Platinum Ltd. (AQP.LN) 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 o...
Globally diversified miner Anglo American PLC (AAL.LN) Tuesday said it has agreed to sell its Scaw South Africa Ltd. steelmaking business for 3.4 billion rand ($440 ...
Anglo American PLC (AAL.LN) said Friday that all resolutions at its annual general meeting were passed, but only 84.6% of votes went in favor of approving the direct...
Anglo American PLC (AAL.LN), a U.K. headquartered mining company, said Thursday it is continuing to keep a close eye on value-enhancing M&A opportunities adding that...
Anglo American PLC (AAL.LN) said Thursday that its Brazilian Minas Rio iron ore project is progressing well and hasn't been affected by several state-sanctioned work...
Rio Tinto PLC (RIO) has no interest in seeing the Alaskan copper and gold Pebble project developed as an open pit mine given the concerns about its environmental imp...
Globally diversified miner Anglo American PLC (AAL.LN) Thursday said first-quarter iron ore, copper, nickel and platinum output rose on the year, but diamond output ...
DOW JONES NEWSWIRESSTOCKHOLM -(Dow Jones)- Swedish engineer Atlas Copco AB (ATCO-A.SK) said Thursday it has received a SEK250 million order in South Africa, to deliv...
In the midst of a heated legal battle between Chilean state copper company Codelco and Anglo American PLC (AAUKY, AAL.LN), Codelco's chief executive Diego Hernandez ...
As expected, copper output at Chilean state copper company Codelco's wholly owned mines fell 10% in the first quarter to 373,000 metric tons from 414,000 tons in the...
Anglo American PLC (AAL.LN), a U.K. headquartered mining company, said Tuesday it has agreed with Codelco to talks and suspension of legal proceedings in relation to...
BHP Billiton Ltd.'s (BHP) loss-making manganese alloy operations in Tasmania secured a reprieve, with smelting set to resume after the mining company found areas in ...
Waratah Coal, an Australian explorer and developer controlled by billionaire Clive Palmer, said Monday it will continue to pursue plans to develop a stand-alone jett...
International companies trading in New York closed lower Friday, in line with the broader market, amid continuing euro-area worries and concerns about slowing Chines...
The recent decline in mining equities doesn't mean the commodities super-cycle has come to an end; more that the sector has overshot on the downside, providing an at...
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