The Latest Breaking News from NGLOY

Anglo American plc (OTC:NGLOY) announced Tuesday that it has agreed to a merger of equals with Teck Resources (NYSE:TECK), creating a combined mining group valued at approximately $55 billion.

Producers all want to increase copper output to take advantage of rising demand in EVs, grid infrastructure and data centers - but that bullishness isn’t translating into the huge investments needed to develop new mines. Thus, the start of a bidding war for Anglo American.

The industrial metal market shows significant prospects due to the move toward greater sustainability. However, amid prevailing macroeconomic challenges, should you add these three metals stocks, Rio Tinto Group (RIO), Southern Copper Corporation (SCCO), and Anglo American plc (NGLOY), to your portfolio? Let’s find out….

The metal industry is well-positioned to remain afloat on the backs of increased demand for metals from emerging economies. Therefore, quality metal stocks Anglo American (NGLOY), Valmont Industries (VMI), and Gibraltar Industries (ROCK), with robust fundamentals, could be wise portfolio additions now. Read on….

Over-the-counter (OTC) stocks are generally deemed risky bets, but not all OTC stocks are bad investments. Moreover, given the surge in retail trading, we think OTC stocks Anglo American plc (NGLOY), ITOCHU (ITOCY), Astellas Pharma (ALPMY), A.P. Møller (AMKBY), and MTN Group (MTNOY) might soar in price in the near…

The deepening of supply-chain disruptions has been leading to surging inflation. Mining stocks are well known for their ability to capitalize on inflationary situations as they tend to rise alongside commodity prices. So, investors looking to hedge their portfolios against the rising inflation could bet on quality mining stocks BHP…

The basic materials industry has been benefiting from the rising commodity prices lately, propelled by the 40-year high inflation rates and the Russia-Ukraine war. With the resumption of manufacturing and industrial activities and surging commodity prices, fundamentally sound basic material stocks Anglo American (NGLOY), Southern Copper Corp (SCCO), Dow Inc.…

Despite the escalating supply chain disruptions due to the Russia-Ukraine war, and the resurgence of COVID-19 cases in many countries, the expected economic recovery and infrastructure spending should drive the basic materials industry’s growth. Therefore, considering current market volatility, we think it could be wise to bet on high dividend-yielding…

After a robust performance in 2021, the electric vehicles (EVs) sector is poised to maintain its sales momentum in 2022. With robust consumer demand for efficient, cost-effective, and clean-energy-based vehicles, along with government initiatives to facilitate environmental sustainability, EV makers should continue to witness a surge in sales. So, we…