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AAUKY News and Press, Anglo American Plc ADR From 05/13/20

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Company Name: Anglo American Plc ADR
Stock Symbol: AAUKY
Market: OTC
Website: angloamerican.com

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AAUKY - Norway wealth fund dumps Glencore, Anglo, others for coal use

Norway's central bank says it has sold its shares in Glencore ( OTCPK:GLCNF , OTCPK:GLNCY ), Anglo American ( OTCQX:AAUKF , OTCPK:AAUKY ), Sasol (NYSE: SSL ), RWE ( OTCPK:RWEOY ) and AGL Energy ( OTCPK:AGLNY ) for their use and production of coal. More news on: Glencore plc, Glencore p...

AAUKY - Copper scores fifth straight day of gains as Chinese imports surge

Copper prices ( HG1:COM ) climbed again today after a rebound in Chinese imports of the metal indicates the country's manufacturing and construction sector may be emerging faster than anticipated from the coronavirus slump. More news on: Copper Futures, Freeport-McMoRan Inc., BHP Group, ...

AAUKY - Anglo American cuts 2020 capex by $1B, guides production lower

Anglo American ( OTCQX:AAUKF , OTCPK:AAUKY ) says Q1 production fell 4% from a year ago and cuts 2020 production guidance due to disruptions caused by the coronavirus. More news on: Anglo American plc, Anglo American plc ADR, Anglo American plc, Commodities news, , Read more ...

AAUKY - Copper plunges as market prices in slower demand growth

Prices of copper ( HG1:COM ) and other industrial metals are broadly lower , as the collapse in oil prices rattles investors and affirms the extent of global demand destruction caused by the coronavirus. More news on: Copper Futures, Freeport-McMoRan Inc., Teck Resources Limited, Commodit...

AAUKY - South African mines to resume work at 50% capacity

South Africa's government is allowing mining companies to resume operations at half their normal capacity, taking first steps to ease a nationwide coronavirus lockdown. More news on: Gold Fields Limited, AngloGold Ashanti Limited, Sibanye Stillwater Limited, Commodities news, Read mo...

AAUKY - Anglo American sees production hit from South African lockdown

Anglo American ( OTCQX:AAUKF , OTCPK:AAUKY ) says it expects lower iron ore production and thermal coal export due to a three-week lockdown imposed by the South African government in response to the coronavirus. More news on: Anglo American plc, Anglo American plc ADR, Anglo American pl...

AAUKY - China iron ore price wipes out 2020 losses on supply concerns

Chinese iron ore futures rose more than 5% , the most since July, on worries over supply as more countries including top iron ore producers ordered lockdowns to contain the coronavirus. More news on: Vale S.A., Rio Tinto Group, BHP Group, Commodities news, Stocks on the move, Read mo...

AAUKY - Copper pops to biggest gain in six years on stimulus bet

Copper prices ( HG1:COM ) leads a bounce in industrial metals, surging more than 6% on the back of a new wave of U.S. economic stimulus and supply restrictions stemming from coronavirus-related shutdowns, but analysts expect the market's gains will prove short-lived. More news on: Copper...

AAUKY - Copper drops again; LME closes Ring for first time since WW II

Copper futures -2.7% to $4,572/metric ton on the London Metal Exchange, extending the metals ~25% YTD swoon amid demand destruction caused by the coronavirus. More news on: Freeport-McMoRan Inc., BHP Group, Southern Copper Corporation, Commodities news, Stocks on the move, News on ETFs, ...

AAUKY - Copper hits four-year low as investors opt for safety of cash

Copper prices plunge to the lowest levels in four years , down as much as 8% to $4,371/metric ton in Asia trading amid forecasts that the coronavirus will cause huge damage to global industrial production. More news on: Teck Resources Limited, Freeport-McMoRan Inc., BHP Group, Commoditie...

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