trending Market Intelligence /marketintelligence/en/news-insights/trending/sp-6vqxztt8vpva94owokq2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Anglo American mulls new investments, but will first improve existing projects

Essential Metals & Mining Insights - August 2020

State of the Market: Mining Q2-2020

Report Outlooks of Lithium and Cobalt

Essential Metals & Mining Insights July 2020


Anglo American mulls new investments, but will first improve existing projects

Anglo American PLC is cautiously considering the acquisition of new projects as markets for commodities, including coal and copper, improve, the Financial Times reported March 21.

Anglo American CEO Mark Cutifani said that the company is always looking for potential acquisitions. However, it will first work on improving its existing projects.

The company intends to develop large mines in partnership with other companies, instead of taking up solo projects.

"You should be very careful about the bets you make over the next one to two years — you want to be able to get a lot of cash back in that period," Cutifani noted.

Anglo American announced in late February that it is willing to sell up to a 30% interest in the Quellaveco copper project in Peru to prospective partners "that can support the development of these types of projects both from a risk point of view and bringing value forward."

Cutifani earlier said that the diversified miner's sustainability drive will earn it an additional US$9 billion through 2030 by improving mining methods and relations with governments as well as the communities where it operates.

Anglo American's profit attributable to shareholders for 2017 surged 99% year over year to US$3.17 billion, or US$2.45 per share. The company increased the dividend for the second half of 2017 to 54 U.S. cents per share, from 48 cents in the first half, for a total dividend of US$1.02 per share for 2017.