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Mining.com·4 min read·hard

Anglo American first-half loss shrinks, lifts dividend as Teck merger awaits approval

Anglo American first-half loss shrinks, lifts dividend as Teck merger awaits approval
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Anglo American reported a narrowed first-half loss and increased its dividend as it continues a major restructuring process. The company is currently awaiting Chinese regulatory approval for its $53 billion merger with Teck Resources while seeking a buyer for its De Beers diamond unit.

Anglo American said on Thursday its first-half loss more than halved, raised its dividend and reported further progress on its sweeping restructuring and proposed merger with Teck Resources.

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