Copper $ 5.4075 / lb 0.86%
Brent Crude Oil $ 59.82 / bbl 1.49%
Palladium $ 1684.5 / ozt 1.23%
Crude Oil $ 56.03 / bbl 1.72%
Natural Gas $ 3.945 / Btu 0.23%
Silver Futures $ 66.33 / ozt 3.97%
Aluminum Futures $ 2880 / ton 0.00%
Micro Gold Futures $ 4366 / ozt 0.77%
Micro Silver Futures $ 66.335 / ozt 4.00%
Platinum $ 1939.5 / ozt 3.48%
Gold Futures $ 4365.5 / ozt 0.74%
Go to MDC Markets

Report: Anglo American set for $5bn Minas Rio writedown

Frik Els | January 21, 2013 | 1:16 am Latin America Iron Ore 

Anglo American (PINK:AAUKY, LSE:AAL) will reportedly slash the value of its massive Minas Rio iron ore project in Brazil by $5 billion, possibly as soon as this week, reports The Telegraph. The London-listed miner apparently wants to get the bad...

Mining.com Recommends

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

Your Rankings.

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now