ChemBriefAnglo American Posts Profit Jump on Record Copper Prices
Anglo American reported a 35% profit surge driven by record copper prices, raising dividends and planning to exit diamonds and coal to focus on copper mining.
bloomberg · 2026-07-29 23:09 UTC
Anglo American reported a 35% profit surge driven by record copper prices, raising dividends and planning to exit diamonds and coal to focus on copper mining.
Anglo American selected a consortium led by former De Beers CEO Gareth Penny as the preferred bidder to acquire the diamond miner. Botswana is conducting due diligence on the deal, aiming to strengthe
Anglo American plans to sell Australian steelmaking coal mines to Dhilmar for up to $3.88 billion, exiting the sector to cut debt before merging with Teck Resources.
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