Posts Tagged ‘Anglo American Plc’

Shell, Anglo Put A$5 Billion Coal-to-Liquids Project on Hold

December 2nd, 2008

By Angela Macdonald-Smith
Dec. 2 (Bloomberg) — Royal Dutch Shell Plc and Anglo American Plc put on hold plans to develop a A$5 billion ($3.2 billion) coal-to-liquids project in Australia, citing a rise in capital spending estimates and “escalated” construction costs.
The partners will extend studies into the proposed project rather than move forward with development, [...]

U.K. Stocks Advance, Led by Energy Producers; BP, Shell Gain

November 14th, 2008

By Sarah Thompson
Nov. 14 (Bloomberg) — U.K. stocks rallied, led by energy producers, as investors speculated the recent rout in commodity shares is overdone. BP Plc, Europe’s second-largest oil company, and Anglo American Plc gained.
The benchmark FTSE 100 Index added 150.38, or 3.6 percent, to 4,319.59 at 12:25 p.m., trimming its decline this week to [...]

Eskom Will Choose Winner of Nuclear Plant Bid by Year End

November 13th, 2008

By Ron Derby
Nov. 13 (Bloomberg) — Eskom Holdings Ltd., South Africa’s state-owned power utility, will select the winner of a tender for the construction of a 120 billion-rand ($11.7 billion) nuclear power plant in the country by January.
“We will announce the outcome of the commercial process before the end of the year,” Fani Zulu, a [...]