Investments and investor services
FTSE100 drops as miners weigh...again
The miners were again at the bottom of the index, as a lower oil price weighed on metal prices.
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LON:AAL
Anglo American is a leading global mining company focused on the responsible production of copper, premium iron ore and crop nutrients – future-enabling products that are essential for decarbonising the global economy, improving living standards, and food security. The company's portfolio of world-class operations and outstanding resource endowments offers value-accretive growth potential across all three businesses, positioning it to deliver into structurally attractive major demand growth trends.
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Investments and investor services
The miners were again at the bottom of the index, as a lower oil price weighed on metal prices.
After heavy losses Friday, FTSE 100 added 48 to 6,001
The effects of the supply side shock that's hit the mining sector will be rippling outwards for a good while yet
All the large cap miners fell into the red on Friday
Investments and investor services
The FTSE100 lost around 33 points to 6,054 on Friday morning
An original debt reduction target of US$10bn has been upped to US$13bn, with almost US$9bn of this already locked in
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Mining analysts are still reeling from Anglo American’s massive retrenchment yesterday,
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A bounce back oil prices pushed London shares higher at the close but the UK benchmark still closed lower on the day....
The crisis has sparked radical cost-cutting moves by the industry
The miners turned back into the red during the morning session sending the index 9 points lower to 6,126.
Investments and investor services
The miners helped boost the FTSE100, which was around 25 points higher
Investments and investor services
London’s FTSE 100 ended Tuesday some 88 points, 1.4%, lower at 6,135 after natural resources stocks once again weighed on the market.
Gordon Brown joined private investment firm Pimco as an advisor
The FTSE100 was also on its way down, losing around 70 points, or 1.1% to 6,151.
More miners could slash payouts and assets to cope with downturn
Below are the main news-driven share price movements at 4pm
Investments and investor services
The miners contributed to a 9 point fall for the FTSE100, which stood at 6,214 around 9am.
The platinum miner has suspended its pay-outs for the second half of this year and for 2016