All data is delayed
Loading...
See More

Anglo seeks iron ore mine acquisitions

Mar 20 2012 11:25
Reuters

Company Data

ANGLO AMERICAN PLC [JSE:AGL]

Last traded 153
Change -4
% Change -3
Cumulative volume 2792946
Market cap 0

Last Updated: 29-07-2016 at 05:00. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Platinum workers ignore strike

EU approves Anglo takeover of De Beers

Absa downgrades African precious metals

Anglo dashes special dividend hopes

Anglo American profit jumps

Num to strike at ARM/Anglo mine

 
Perth - Anglo American [JSE:AGL] said on Tuesday it was looking to acquire iron ore assets in Australia and Africa as it strives to increase its footprint in the sector.

"We are on the lookout for value-adding iron ore opportunities," James Harman, head of business development for iron ore and coal for Anglo American, told an industry conference, adding that Australia and Africa were its preferred locations.

Anglo American will be producing around 80 million tonnes of iron ore per year from its existing operations in Brazil and South Africa by 2014, Harman said.
africa  |  australia  |  anglo american  |  iron ore

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

THE SAVINGS ISSUE

Saving can make a lot of things possible, but we all know how hard it is to save. This special Savings Issue will help you get focused.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Would you vote for a woman president to lead SA?

Previous results · Suggest a vote

Loading...