Tag Archives: Dividend

08Dec/15

Anglo American’s deep cuts hurt

Anglo American will sell more assets, suspend dividends until the end of 2016 and whittle down its business divisions to three from six. As Hayley Platt it’s the mining company’s response to severe commodity price falls. Continue reading

07Sep/15

Glencore to suspend dividend, sell new shares to cut debt

Mining and commodities trading firm Glencore announces it will suspend dividends, sell assets and raise $2.5 billion in a new share issue as it aims to cut its debt by a third to $20 billion by the end of next year.

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