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Xstrata plc

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Whitney is über-bearish as shares rise around the world

17.11.09
Share prices on both sides of the Pond are trading at their best levels in more than a year, so stock market investors could be forgiven for thinking the worst of the global recession and banking meltdown is over ... more

Sir Win’s buying spree has City guessing about Lloyds

17.11.09
Does Lloyds Banking Group chairman Sir Win Bischoff know something the rest of us do not? ... more

Commodities in demand as battered dollar keeps on diving

16.11.09
A new lurch downwards in the value of the ailing dollar was the signal for another rush for commodities, such as metals and oil and gold ... more

Commodities in demand as battered dollar keeps on diving

16.11.09
A new lurch downwards in the value of the ailing dollar and news of better-than-expected GDP in Japan signalled another rush for commodities, such as metals and oil and gold ... more

Xstrata buoyed by production of coal rising 9%

20.10.09
Mining giant Xstrata today said its third-quarter performance was “strong” with production of coal, its most profitable product, rising 9% ... more

Victory for Anglo as Xstrata ditches mega-merger plan

15.10.09
The blockbuster mining merger that never quite happened was finally called off today as ultra-acquisitive Xstrata removed its tanks from the lawn of Anglo American ... more

Xstrata to sell gold and copper project

12.10.09
Miner Xstrata today agreed to sell its 70% stake in the El Morro copper and gold project in Chile for $465 million (£294.4 million) to Canada’s Barrick Gold ... more

Xstrata given a deadline over Anglo American

02.10.09
Swiss mining giant Xstrata has been given just three weeks to "put up or shut up" on its proposal to merge with rival Anglo American by the City Takeover Panel... more

Morgan's praise fires up Vedanta

01.10.09
Vedanta Resources claimed first place on the Footsie winners' board as Morgan Stanley says the miner's shares could be worth a staggering £68 - even if metal prices hardly rise from their current levels... more

Constant trickle of positive news causes Footsie to breach 5000

09.09.09
Shares on the London stock market soared again, breaching the 5000 level for the first time since September last year... more

Xstrata suffers 68% fall

04.08.09
The boss of mining giant Xstrata said today his company needs to go ahead with a proposed £40 billion merger with Anglo-American if it is to properly compete with the titans of the global mining industry ... more

Anglo American sets out Xstrata defence

31.07.09
Mining giant Anglo American made its case for remaining ­independent despite a plunge in ­profits by emphasising its cost-cutting ­measures ... more

Anglo-American’s new boss puts boot into Xstrata bid

20.07.09
The newly appointed chairman of Anglo-American has come out shooting over rival miner Xstrata’s hostile plans to force a £40 billion merger between the two ... more

Shipping forecast is set fair thanks to China’s needs

16.07.09
Merchant ships, which have been riding at anchor off our shores for months, are now building-up a full head of steam as they look to benefit from increased Chinese demand for raw materials ... more

Bullish Next boss forecasts happier days on High Street

09.07.09
Has the wind of change start to blow through the High Street? Next chief executive David Keens popped into Goldman Sachs for a chat yesterday and was in bullish mood... more

Xstrata buzz restarts

07.07.09
Could takeover talks between the Brazilian mining giant Vale and the Anglo-Swiss outfit Xstrata soon be back on again? ... more

City Spy: Busson's Ark sails through the storm

06.07.09
London's hedge fund community may have had a torrid time last year but at least its favoured charity, Arki Busson's ARK (or absolute return for kids), has shown the way in moneymaking. In the year to August 2008, its income rose from £32.7 million to £40.2 million. Furthermore, hedge fund turmoil is not expected to affect the levels of pledges. ARK acknowledges that "the level of outstanding donor pledges is considered to be one of the charity's key risks" but that all funding pledges "due for payment have been received to date." So hats off to the generous hedgies and let's hope that spirit continues.... more

Builders win backing

01.07.09
There is still no sign that the slump in the housing market has hit rock bottom. In fact, some property experts are predicting prices will continue falling throughout the remainder of this year, by as much as another 10% to 20% ... more

Come clean on Anglo savings, Xstrata is told

30.06.09
The battle for Anglo American appears to be turning nasty... more

The suitor pitfall that Anglo must avoid at all costs

24.06.09
Shareholders in Anglo American, the London-listed but largely South African mining giant that looks to be under siege from Swiss-based Xstrata, should note the words of Sir John Craven when he retired as chairman of Lonmin a few months ago... more

Xstrata pressures Anglo to accept merger deal

24.06.09
Mining giant Xstrata piled the pressure on the management of Anglo American after this week's rebuff of a £40 billion merger proposal... more

South Africa blocks £40bn Xstrata move on Anglo

23.06.09
The move on Anglo American by Xstrata to create a £40 billion global mining giant to rival BHP Billiton and Rio Tinto appeared doomed after the South African government said it would block it... more

BA dives on bailout talk

22.06.09
British Airways shareholders rushed for the emergency exits today, fretting that the airline could need state aid to prevent it coming crashing down... more

'Rein in mining bulls'

11.05.09
The mining bulls have run ahead of themselves. That is the verdict of Citigroup, which today urged caution in wake of the recent recovery in commodities stocks... more

Xstrata on retreat despite success of £4bn cash call

18.03.09
Mining giant Xstrata today confirmed that its whopping £4.1 billion rights issue had been a runaway success... more

Xstrata in spotlight ahead of cash-call rump placing

17.03.09
Anglo-Swiss mining giant Xstrata will be the focus of attention tomorrow when its financial advisers get ready to place the rump of the group's recent £4.1 billion rights issue... more

Xstrata cutback on coal as China cools

16.12.08
Economy: Mining giant Xstrata has shut down half its coking coal production at a mine in Australia, a sign that the growing global storm clouds are closing in on the country... more

Xstrata cuts down on zinc as demand falls

05.12.08
Mining: Miner Xstrata is to scale back zinc and lead output at one of its key Australian mines as global demand continues to slump... more

Partners in first clean-coal plant

14.11.08
Miner Xstrata is joining with Japan's Electric Power Development Co to start building the world's first clean-coal power plant... more

Talk of returning suitor adds glitter to Xstrata

21.10.08
Investors take a shine to Xstrata amid market rumours that the mining giant’s former Latin American suitor has returned... more

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