Anglo American upgraded at RBC Capital As previously reported, RBC Capital upgraded Anglo American to Sector Perform from Underperform. The analyst said Anglo's is making progress on operational and cost improvements and could get close to hitting its 2016 ROCE target of 15%.
Anglo American to begin $1B asset sale in Chile, Bloomberg reports Anglo American is planning to commence the sale of three small copper mines in Chile worth $1B by the end of the year, Bloomberg says, citing people with knowledge of the matter. Anglo will be selling the Mantos Blancos and Mantoverde mines, as well as its 50.1% stakes in the El Soldado mine and Charges smelter, one of the people added. Reference Link