Get all your news in one place.

100’s of premium titles.
One app.

Start reading

Get all your news in one place.

100’s of premium titles. One news app.

Start reading

The Latest Breaking News from Anglo American

Anglo American writes down value of diamond firm De Beers by $2.9bn

Sale of the miner, which is now valued at $4bn, may be delayed following ‘really, really difficult’ market

The Guardian - UK

Chinese retailers offload polished diamonds, adding to $2bn inventory pain for De Beers

Anglo American's CEO says the headwinds from lab-grown diamonds were surmountable as owner writes down $2.9 billion of De Beers value.

Fortune

FTSE 100 reaches new record high as markets wait for Trump return

The dollar fell on Monday amid reports Mr Trump would not sign trade tariffs into law on his first day back in the White House.

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

1 Mining Stock to Buy as M&A Speculation Ramps Back Up

The six-month hold on BHP trying to take over Anglo American again has passed. The fundamentals of the copper market long-term suggest BHP - desperate to add more copper assets to its portfolio - will make another bid for Anglo American. However, the bid may not come until Anglo makes…

Barchart

Deal Dispatch: Stoli On The Rocks As US Business Goes Bankrupt, Ally Financial To Sell Credit Card Unit

The Container Store faces potential bankruptcy after failing to secure a $40 million financial deal and more M&A news from the week.

Benzinga

London markets inch higher as commodity gains offset BAE share slump

The FTSE 100 finished 6.08 points higher to end the day at 8,287.30.

Evening Standard

Anglo American Sells Coal Portfolio For $3.8 Billion

Anglo American sells Australian coal portfolio to Peabody Energy for $3.8 billion in line with strategy to focus on high-margin, future-facing commodities.

Benzinga

Read news from The Economist, FT, and more,
with one subscription

Anglo American agrees £3bn deal to sell remaining coal operations

The sale comes amid turnaround efforts at Anglo American after it fended off a £39 billion takeover proposal by rival BHP earlier this year.

Evening Standard

FTSE 100 gains as mining stocks boosted by gold rebound

The blue-chip index outperformed European rivals on Monday, with miners including Endeavour, Anglo American and Fresnillo among the top gainers.

The Independent UK

FTSE 100 drops to three-month low as pound also slumps

The FTSE 100 index finished 99.42 points, or 1.22%, lower to end the day at 8,025.77.

Evening Standard

FTSE 100 inches higher as global markets cautious ahead of US election

The FTSE 100 finished 7.09 points, or 0.09%, higher to end the day at 8,184.24.

Evening Standard

Anglo American to sell stake in Australian coal joint venture for £830m

Anglo American told shareholders on Monday it will sell its 33.3% stake in Jellinbah Group to Zashvin.

The Independent UK

FTSE 100 Live 04 November: Index rises ahead of election and rate decisions, Ryanair profit falls

Investors are braced for volatility as they await the outcome of the US election and this week’s meetings of the Bank of England and Federal Reserve.

Evening Standard

Mining firm BHP says it has ‘moved on’ from failed Anglo American bid

Chair suggests company will not make fourth takeover offer and will instead focus on other growth opportunities

The Guardian - UK

Get all your
news in one place.

100’s of premium titles.
One news app.

Newcastle Herald

New life for Hunter underground mine following funding deal

Muswellbrook's Dartbook mine set to reopen after 18 year hiatus.

Investors Business Daily

Copper Prices Are A Can't-Miss Bet; Why Power-Hungry AI, EVs Will Fuel FCX, TECK

China is weighing on copper prices, but surging demand for AI and electric vehicles and looming supply shortfalls should make FCX and TECK big winners.

The Guardian - UK

Anglo American takes further £1.2bn writedown on Yorkshire fertiliser mine

Production at Woodsmith site near Whitby set back to 2030 as firm plans to pause work during overhaul

The Guardian - AU

Queensland coalmine fire a ‘disaster’ for climate say environmental groups

The fire at Anglo American’s Grosvenor coalmine in Moranbah broke out after methane ignited

Get all your
news in one place.

100’s of premium titles.
One news app.

AAP

Fire casts pall over future of coal mine and workers

Counselling has been offered to workers "traumatised" by an underground fire that has cast uncertainty over the future of a major coal mine.

AAP

Major coal mine's future uncertain after fire shutdown

An Australian coal mine faces an uncertain future after an underground fire started when methane gas ignited, prompting authorities to start sealing the site.

AAP

Workers evacuated from central Qld mine after fire

Workers at the underground Grosvenor coal mine in central Queensland have been evacuated after a fire, which is under investigation.

AAP

Rebuffed BHP wired for bigger Aussie 'copper province'

South Africa's Anglo American may have rejected BHP's recent bid but the energy transition will drive copper demand for decades, including from South Australia.

Fortune

The diamond industry is ‘in trouble’ after prices sunk 6% this year. A jewelry CEO blames the rapid growth of lab-grown diamonds.

Industry experts anticipate an additional 15% to 20% price drop in diamonds over the next 12 months.

Fortune

De Beers, the business that coined ‘diamonds are forever,’ is pivoting to jewelry retail ahead of spinoff from Anglo American

De Beers, the company that coined the slogan “diamonds are forever,” wants to make a splash in retail to compete with the likes of Tiffany and Cartier.

France 24

Royal Mail owner agrees to takeover by Czech billionaire Daniel Kretinsky

A centuries-old British institution is set to be sold to a foreign firm. Royal Mail's parent company has accepted a £3.6 billion takeover offer by Czech billionaire Daniel Kretinsky's EP group. Privatised about a decade ago, the postal service that dates back to Tudor times has struggled in the era…

1 2 3 4

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.