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crownedstoat · 2 years
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Arnolt MGs
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gqresearch24 · 11 days
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UK Mining Giant To Offload De Beers Diamond Business
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(Source – focus on business)
British mining giant Anglo American has announced plans to break up its business following the rejection of a £34 billion takeover bid from rival BHP. The restructuring will involve selling or demerging key parts of the company, including its De Beers diamond operation, Anglo American Platinum, and its steelmaking coal businesses.
The company will now focus on its copper, iron ore, and crop nutrients operations. This strategic shift aims to enhance the company’s value to investors while responding to pressures from a takeover approach by Australia-based BHP. Chief Executive Duncan Wanblad explained the rationale behind the move, stating, “We expect that a radically simpler business will deliver sustainable incremental value creation through a step change in operational performance and cost reduction.”
Positioning for Clean Energy
Anglo American’s decision to streamline its operations is also driven by the global shift towards clean energy. By focusing on copper, iron ore, and crop nutrients, the company positions itself to better capitalize on the increasing demand for materials essential to renewable energy and electric vehicles. The reshaping of the firm is expected to lower costs by $1.7 billion (£1.35 billion), further improving its financial stability.
On Monday, Anglo American turned down an increased takeover offer from BHP, deeming it “highly unattractive” for shareholders and significantly undervaluing the firm. BHP’s interest lies primarily in Anglo American’s copper operations, which are crucial for conducting electricity. The growing demand for copper is tied to the global push towards renewable energy and electric vehicles.
Copper Demand and Global Operations
Anglo American owns two copper mines in Chile and Peru, regions where BHP also has substantial operations. The integration of these assets would have strengthened BHP’s position in the copper market but also raised potential competition concerns. The combination of two of the world’s largest mining companies would likely have faced significant regulatory scrutiny.
The sale or demerger of De Beers and other units marks a significant transformation for the 107-year-old company. By divesting from these major segments, Anglo American aims to create a more focused and efficient business model. This restructuring is intended to unlock greater value for investors and position the company to better navigate the evolving energy landscape.
Market Reaction and Future Outlook
The market has responded cautiously to the news, with investors closely watching how the divestitures will unfold and impact the company’s financial performance. By narrowing its focus, Anglo American aims to achieve operational excellence and cost efficiency, driving long-term value creation.
As Anglo American embarks on this significant restructuring, it remains committed to delivering value to its shareholders and positioning itself as a leader in the mining industry. The company’s strategic vision is centered on leveraging its core strengths in copper, iron ore, and crop nutrients, aligning its operations with global trends towards sustainability and clean energy.
Anglo American’s decision to offload its De Beers diamond business and other major units marks a pivotal moment in the company’s history. By rejecting BHP’s bid and opting for a strategic breakup, the company aims to streamline its operations, reduce costs, and better align with the global shift towards clean energy. This move sets the stage for a new era of growth and innovation for the mining giant.
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blaqsbi · 1 month
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Post: BHP’s pursuit of Anglo American has a major obstacle: South Africa https://www.blaqsbi.com/5QzF
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nwaonyeke · 1 year
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AngloAmerican Learnership Admin
AngloAmerican Learnership Business Unit: Kumba Iron Ore Area: Human Resource Location: Kathu Province: Northern Cape Reference: REF39208F Closing Date: 03 February 2023 Company Description: We have an exciting position for a Learnership Admin. If you reside in the JTG District we have a great opportunity for you to join our extraordinary team at Sishen Mine and get exposure to complete…
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cicerobussytransplant · 5 months
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a sort of annoying discussion around historical movies is the sort of implication that they necessarily would be better if they were more historically accurate. and like would they? personally i think the inaccuracies lend those movies great charm bc they reflect the society in which they were made. and i love that shit
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saa-na · 10 months
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dk if this makes any sense but it's so interesting to consume and interact with products of the north american culture on north american internet while being aware of the, like, the Otherness of the united states. i think sometimes our exposure to the united states via the media we interact with desensitizes us to the issues in the united states while making us feel like those issues are ours as well, like our actions have an impact and like our contribution is needed. but sometimes i'll sit and really think about something that is happening in the states and trace back the history and realize how far it is from me.
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Bears on the streets of Moscow and Starlink blackout
#Fatima:"#Russia would spread its errors"..cos #AngloAmerican Est.' eternal foe was already it
nuclear #ZNPP always attacked by #Kiev-#BRICS know but West hide it
#EU failed sanctions & named all #RF #media"carriers of fake news''
#West warlike #ecstasy
https://salvatoremercogliano.blogspot.com/2024/05/bears-on-streets-of-moscow-and-starlink.html?spref=tw
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forgotten-daydreamer · 3 months
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overestimated myself by coming to class. i'm hungover, overstimulated, dizzy and the lights are essentially raping my eyes
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iread-studies · 6 months
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Some updates.
12.12.2023 || It's been two tough weeks. First of all, because I was sick for like 3/4 of them. Second, because I graduated!
That's right, I graduated from my Bachelor's in European Languages and Literature (& I was blessedly healthy that day. The 1 day in 2 weeks). Thank you @winryrockbellwannabe for your congrats! message btw <2
Ok but now that I've graduated, what will happen to this blog? Well, I've already enrolled in my Master's so... nothing. I have an exam tomorrow, actually. I'll keep posting my to-do lists and pink fluffy pictures as usual but I'll write a new Studyblr Introduction soon.
Here is to the next 2 years of studying European and Angloamerican Languages and Literature!
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furiarossa · 6 months
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Hi there! I need stuff to doodle and have been drawing other artists’ gargoyle ocs! Do you have any gargoyle ocs you’d like drawn? Or even a canon gargoyle works! Hope you’re having a great day 🐸
Oh hi there! That's a neat and generous idea, y'know?
We have quite a number of Gargoyle OCs, yes... here's some of them!
Liuneddu (it means "small lion" in Sicilian)! He's a small guy, 156 cm, and he often acts like a pet towards people. He's very pragmatic and smart, and loves to help!
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2. Petrina is a small (even smaller than Liuneddu) garg born and living in Palermo. In the 9th of May 1943, her city was mass attacked by Angloamerican bombers; she managed to survive with her brother Atlas, even if some of her clan mates didn't make it, but during one of the explosions her wings were hit and damaged by the debris bullets that started flying as a result of the severe bombing. She was five. Since she's very light and tiny in size, she could have been one of the few grotesques able to fly, but the damage sustained by the wings which reduced the available surface of the membrane, only allows her to glide (and she's not that balanced either).
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3. Inverno (it means Winter in Italian). He's immediately distinguishable by his delicate colors and his malewife vibe. He diligently watches over a winter garden, and that is where he got his name from.
Fatherly, gentle, and very confident, Inverno has a good sense of humor and appreciates those who show sharp wit, and despite his own kindness, he likes the "vicious ones": fierce, brutally honest, or with a clever, venomous tongue.
He's our tallest garg, with 1,80 m of height!
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4. Frisca/Whistle. She doesn't use a name, you can call her whistling!
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(Here she's with another of our gargs, Chatterbox)
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We have other ones, but these are our main ones :)
(And thank you for contacting us! We hope you'll find many beautiful and interesting gargoyles characters that you'll have fun drawings!)
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franciskirkland · 11 days
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angloamerican hetalia fans develop nuance and cultural awareness challenge: level impossible
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nwaonyeke · 2 years
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AngloAmerican HR Intern
Organization: AngloAmerican Closing Date: 05 November 2022 Location: Thabazimbi, Limpopo Reference Number: REF35769I Minimum Requirements: -Must be studying towards Diploma or Degree in Human Resource Management/ Business Administration/ Human Resource Development/ Labour Law/ Labour Relations/ Employment Relations. -Must have graduated in Honours Degree in Psychology and HPCSA registration…
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ruby-red-inky-blue · 9 months
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I know this is a very niche ask for my very angloamerican dash, but @ the germans out there, can anyone recommend me a german-language book that you felt had really good dialogue?
this very well may be because i've read way more fiction in english at this point but I swear almost every german book written in the last ten years that I pick up has the worst dialogue ever. like every third line i will mentally yell "nobody talks like that!!" at the book. is it me?
i would *love* to actually start writing in german again one day but i hate hate hate my german dialogue writing and I can't find any books to teach me how to do it better
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junadeo · 7 months
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angloamerican numbers post coming up at a snails pace
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rpallavicini · 5 months
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L'UE in guerra!
L’UE sta per inviare tre navi da guerra contro i ribelli Houthi dello #Yemen a supporto delle forze angloamericane. Si tratta degli ultimi ritrovati tecnologici della cantieristica europea. Ecco i dettagli. Visto il numero di rotoli di carta igienica che ne parlano direi proprio che questa notizia potremmo considerarla…
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Brazil's government, mining companies join forces against bandits
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The Justice Ministry and Ibram, Brazil’s main mining lobby, signed an agreement on Friday to join forces in the fight against crimes related to mining operations.
Ibram has about 130 members responsible for 85 percent of Brazil’s mineral production. The list includes the Brazilian offices of major foreign companies such as Alcoa, AngloAmerican, AngloGold Ashanti, ArcelorMittal, BHP, Rio Tinto, and Sigma Lithium — as well as Brazilian giants such as Gerdau and Vale.
Romano Costa, the Justice Ministry’s intelligence director, said the agreement is part of a plan to fight organized crime that was announced in October and criticized by both allied and opposition lawmakers for lacking focus and specific goals.
“We are bringing the public and private sectors closer together,” he said. “So they can share information … and we can have more efficiency in the state’s actions in public security.”
Continue reading.
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