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Anglo's Stumbles Make It Prey for Mining's Biggest Predator

(Bloomberg) -- When former boss Mark Cutifani left Anglo American Plc in mid-April 2022, things had rarely looked better for the century-old miner. Metals prices soared as the world emerged from lockdowns, the company had recently posted its best-ever annual profit and the popular industry veteran was handing over to a trusted lieutenant. Anglo stock hit a record the same day.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesJavier Milei Fuels Wild Rally Tha

Mahadev App Case: UP STF nabs two including company's head from Lucknow, agencies intensify probe into Rs 6000 cr scam

Anglo American's triumph to turmoil as BHP moves in

Formerly riding high on soaring metals prices and record profits, Anglo American Plc now faces a tumultuous turn.

Vedanta's Q4 Results Disappoint: Net Profit Slides 27%

From ₹1,881 Crore a year earlier to ₹1,369 Crore for the quarter that ended on March 31st, net profit decreased 27%.

Meet man, once went into depression after 9 failed businesses, now owns Rs 140000 crore company, his net worth is…

Beginning with a scrap metal company, Anil Agarwal, the founder and chairman of Vedanta, is a visionary who created an empire in the mining and metals sector valued at Rs 140000 crore.

How Ranbir Kapoor Became 'Animal': Bollywood Fitness Trainer Shares Amazing Before/After Body Transformation Images

India's Vedanta misses Q4 profit estimates on lower prices

Indian mining group Vedanta reported a 27% drop in fourth-quarter profit on Thursday, reflecting weaker prices of major metals like aluminium and zinc amid ballooning finance costs. The...

Vedanta misses Q4 profit estimates on lower prices

Vedanta demerger likely to get nod from lenders by May end

Mumbai-listed Vedanta had announced a demerger in September last year. It intends to form six companies, each of which will house its different businesses - aluminium, power, oil and gas, base metals and steel. Goel reiterated that the demerger is on track to be concluded by the end of the calendar year.

Anglo's Stumbles Have Made It Prey for Mining's Biggest Predator