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The sweeping break up plan, disclosed on Tuesday, will see Anglo American sell its diamond business De Beers, its South Africa-based Anglo American Platinum — Amplats — (JSE: AMS) and its ...
Anglo’s final dividend for 2024, as well as an additional cash dividend for a total of R16.5 billion ($895 million), is to be paid to all Amplats shareholders before the demerger.
Valterra Platinum , the world's biggest miner of the metal by value, made its trading debut on the Johannesburg bourse as a standalone unit on Wednesday, completing a spin-off from parent Anglo ...
Anglo will probably also seek to sell its stake in Samancor, the South African manganese/chrome business worth about $1.4bn, according to Jefferies.
Real estate and resources billionaire Sam Chong will pay $1.6 billion to buy Anglo American’s stakes in two Queensland coal mines, Jellinbah and Lake Vermont, as he doubled down on his ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Activist hedge fund Elliott said its long-term thesis on British mining conglomerate Anglo American was ...