AAUKY News and Press, Anglo American Plc ADR From 08/05/19

The iron ore boom is turning into a bust, as most-active futures in Singapore, which retreated 10% last week, plunged as much as 7% overnight to $95.96/metric ton, while the most-traded contract on the Dalian Exchange fell as much as 4% to 704.5 yuan/mt ($101.53). More news on: BHP Gro...

Major global miners are sharply lower in London trade as Chinese iron ore prices fall nearly 5% after Vale (NYSE: VALE ) won approval to resume some processing operations at its Vargem Grande complex in Brazil; BHP -3.4% , RIO -2.6% , VALE -1.4% U.S. pre-market. More news on: Val...

Anglo American ( OTCQX:AAUKF , OTCPK:AAUKY ) reports Q2 production rose 2% Y/Y on a copper equivalent basis, helped by the ramp-up of the Minas Rio iron ore mine in Brazil and a strong performance at its metallurgical coal operations after plant upgrade work in Q1. More news on: Anglo A...

China iron ore prices hit record highs overnight to wrap up their biggest quarterly gain in two-and-a-half years, aided by expectations that supplies in the world's top steel producer will remain tight in this year's H2. More news on: Rio Tinto Group, BHP Group, Vale S.A., Commodities n...

China iron ore futures soared to a new record overnight after Rio Tinto cut its Pilbara shipment guidance, indicating that supply could remain tight even as Vale resumes full operations at its Brucutu mine. More news on: Freeport-McMoRan Inc., BHP Group, Vale S.A., Commodities news, St...

Norway's $1T sovereign wealth fund may have to sell its $1B stake in commodities giant Glencore ( OTCPK:GLNCY ) under a center-right government plan expected to be adopted today by Norway's parliament. More news on: Glencore plc, Anglo American plc ADR, Glencore plc, Commodities news, ...

Copper prices are higher after China's government announced new measures to stimulate economic activity, with Comex copper for July delivery - the most-active futures contract - recently +0.6% to $2.6775/lb. More news on: Freeport-McMoRan Inc., Southern Copper Corporation, Teck Resour...

Introduction In this article, I take a deep dive into the 10 highest producing copper mines in the world based upon 2018 production levels. I refer to these mines as super-producers. In another future article, I plan on looking at the 10 highest producing copper mines of the future (e.g., 20...

Copper prices slide to a five-month low as a higher dollar and concerns about weaker global growth and demand from the U.S.-China trade dispute outweighs dovish comments from Federal Reserve Chairman Powell. More news on: Freeport-McMoRan Inc., Rio Tinto Group, BHP Group, News on ETFs, ...

Why A Long-Term Price Target? A core strategy I use when it comes to investing in mining companies is to analyze the fundamentals of each primary metal produced to determine a reasonable long-term price for the metal which I then use in my financial models for mining companies. I find this t...