Anglo American surged on Thursday after it received an unsolicited non-binding and highly conditional £31.1bn all-share takeover proposal from Australia’s BHP Group - a deal that would create the world’s largest miner and copper producer.
Berenberg upped its price target on 'buy' rated Standard Chartered on Monday to 1,050.0p from 1,000.0p as it said that growth and returns are undervalued.
Sikonathi Mantshantsha - Diversified miner Anglo American says it's looking to cut about R20 billion in annual costs in order to get itself through some potentially lean years..
Mining group Anglo American has slashed its annual dividend by a half after seeing profits plunge in 2023 on the back of impairments and downturns in the platinum and diamond markets.
Anglo American Platinum said it was starting a restructuring that could affect more more than 4,300 jobs due to lower prices, higher costs amid a global economic slowdown.