Anglo Platinum, the world’s leading producer of the metal, said first-half earnings per share slipped 65 percent to 75 percent from a year earlier after commodity prices declined. For full story, click here
Xstrata may struggle to fund a hostile bid for Anglo American Plc after the rejection of its offer of a “merger of equals” by Africa’s leading mining company. For full story, click here
Anglo American Plc’s board unanimously rejected a proposal from Xstrata Plc for a “merger of equals” to create a mining company that would compete with BHP Billiton Ltd., the world’s largest. For full story, click here
Anglo Platinum Ltd, the world’s leading platinum producer, slipped 37 rand, or 5.9 percent, to 588 rand, its first decline in seven days. For full story, click here
Anglo Platinum, the world’s leading platinum producer, surged 5.97 rand, or 1 percent, to 595.01 rand, bringing its gain in the last four days to 11 percent. For full story, click here
Anglo Platinum Ltd., the world’s biggest platinum producer, surged 17.96 rand, or 3.1 percent, to 607 rand, bringing its gain in the last four days to 13 percent. The precious metal surged for a fifth day, adding as much as 0.7 percent to $1,256.75 an ounce. For full story, click here
Canada’s Platinum Group Metals Ltd. declared that it plans to surge $31.45 million through an offering of units, mainly to pay Anglo Platinum Ltd certain amounts due related to the restructuring of a joint venture. For full story, click here
Anglo Platinum Ltd., the world’s leading producer of the metal, cut the price of a stake in a South African mine by 28 percent after commodity prices plunged. For full story, click here
Anglo Platinum Ltd., the world’s leading platinum producer announced that it has slashed the price of the 51 percent stake in Lebowa Platinum Mines Ltd. which it plans to sell to Anooraq Resources Corp. For full story, click here
Anglo American has confirmed today that its total attributable refined pgm production surged by 18.6 per cent on a year-on-year basis in the first quarter of 2009. For full story, click here
Thursday, July 16, 2009