Xstrata/Anglo: what a difference a year makes

Almost exactly a year since Swiss miner Xstrata proposed a merger with the UK’s Anglo American, the Anglo board's decision to reject the deal seems to have been validated. Over the past year, Anglo’s share price has climbed 44% to £25,17,...

Anglo getting 'strong interest' for assets on the chopping block

Multi-product miner Anglo American said on Tuesday it has received “strong interest across the board” in its non-core asset divestment announced in October. There had been a particularly keen attraction to its zinc assets. Said spokesperson...

Anglo sells more of Tarmac for $400m

Diversified miner Anglo American has sold more of Tarmac for $400-million, but still has a way to go before disposing of all of the Tarmac assets, which have been on the chopping block since 2007. Tarmac's largest UK business has still to be...

Chinese mining majors reportedly eyeing noncore Anglo assets

China’s largest iron and steel trader, China Minmetals Corporation, which is also a major mining group, was last week reported by China Daily to be interested in buying the zinc assets of Anglo American plc. Another journal, the Chinese-language...

Mining giant to cut dependence on SA assets

Mining giant Anglo American’s convertible bond issue has brought back into focus the mining giant’s need to reduce reliance on its South African assets, most likely through foreign acquisitions, industry analysts said.

$6bn capex acceleration by world’s largest miner

CEO of world’s-largest mining company accelerates with $6bn capital-expenditure programme

Anglo American’s new CEO, Tony Trahar, has an . . . Eight-pronged global plan for the natural-resources colossus

He’s not a ‘lumberjack’ but he’s still ‘okay’, and he claims not only to be working ‘all night and all day’, but on a 24-7-365 basis (for the uninitiated, that’s basically all the time)....