* Call on Anglo to turn to platinum, Brazil troubles * Anglo review of platinum due by year-end By Clara Ferreira-Marques and Sinead Cruise LONDON, Aug 24 (Reuters) - Investors in Anglo American said its $2.8 billion sale of a stake in its Chilean unit that ended a 10-month battle was a reasonable compromise and called on the miner to shift its focus to other … [Read more...] about Investors welcome Anglo’s Chile deal, call for focus elsewhere
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REFILE-Mitsui to market large share of output from Anglo Chilean unit
By Osamu Tsukimori TOKYO, Aug 24 (Reuters) - Japanese trader Mitsui Co said it would get the right to market a larger-than-expected share of production from Anglo American's Chilean mining unit after it backed Chile's Codelco in a battle for a stake. Anglo and Codelco, the world's largest copper producer, reached an out-of-court deal on Thursday that ended a 10-month … [Read more...] about REFILE-Mitsui to market large share of output from Anglo Chilean unit
WRAPUP 1-Indian gold imports under threat from price rally
* India is the world's biggest bullion consumer * Its imports in second quarter fell more than 56 percent * India has increased gold import duty, may lift it more (Adds quotes, details) By Siddesh Mayenkar and Charlotte East HYDERABAD, India/LONDON, Aug 24 (Reuters) - Gold imports into India are set to fall further this year as global bullion prices are … [Read more...] about WRAPUP 1-Indian gold imports under threat from price rally
S.African rand, bonds fall on euro weakness, risk concerns
JOHANNESBURG Aug 24 (Reuters) - South Africa's bonds fell and the rand weakened against the dollar on Friday, tracking a weaker euro and also weighed by lingering political risk concerns in the wake of the recent violence at Lonmin's Marikana mine which left 44 people dead. The yield on the benchmark bond due in 2015 climbed 8.5 basis points to 5.57 percent and that for … [Read more...] about S.African rand, bonds fall on euro weakness, risk concerns
TEXT-S&P on Codelco
Aug 24 - Standard Poor's Ratings Services said that its ratings and outlook on Corporacion Nacional de Cobre del Chile (Codelco; A/Stable/--) are not affected following a potential legal settlement with Anglo American PLC (BBB+/Stable/A-2) over the ownership status of Anglo American Sur SA (not rated). According to the agreement, Codelco will acquire a 24.5% stake in Anglo Sur … [Read more...] about TEXT-S&P on Codelco
