Anglo American has reached an agreement to sell its 33.3 per cent minority interest in Jellinbah to Zashvin for $1.6 billion.

Producers of metals and other raw materials ticked up amid mixed earnings. Archer Daniels Midland shares slid after the food-processing and ethanol giant took a $461 million write-down on an ...

Billionaire Sam Chong pays $1.6b for Anglo’s stake in Queensland mines The tycoon already owns a share of the company behind the Jellinbah and Lake Vermont coal projects. He says the deal reflected ...

Anglo American to sell 33.3% stake in Jellinbah Group to Zashvin for $1.1 billion and focus on copper, iron ore, and crop ...

Anglo American has reached an agreement to sell its 33.3% stake in Jellinbah Group, a joint venture that holds a 70% ...

RBC Capital Markets says the business empire, controlled by retail tycoon Mike Ashley (pictured), has a strong core business ...

Anglo American told shareholders on Monday it will sell its 33.3% stake in Jellinbah Group to Zashvin. Mining giant Anglo American has struck a deal to sell its stake in an Australian coal joint ...

This strategic divestment follows Anglo American’s plan to streamline operations, which now include systematic exits from its ...

Mining giant AngloAmerican (LON:AAL) has agreed to sell its 33.3% minority stake in the Jellinbah metcoal joint venture to Australian power generation firm Zashvin for $1.1 billion, as part of ...

Gift 5 articles to anyone you choose each month when you subscribe. On Monday, LSE-listed Anglo American raised eyebrows when ...

British mining multinational Anglo American has agreed to sell its 33.3 per cent stake in joint venture Jellinbah Group Pty Ltd, to Zashvin Pty Limited for A$1.6 billion ($1.1 billion) in cash.

As reported by The Australian, the Malaysian-born Mr Chong outlaid $1.6bn for the 33.3 per cent stake he did not already own in the Jellinbah East and Lake Vermont metallurgical coal mines. The mines ...