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Thungela CEO sees world shunning new coal as boon for existing mines

Thungela CEO sees world shunning new coal as boon for existing mines July Ndlovu sees bouyant prices from coal supply squeeze Climate scientists urging rapid phrase out of coal Investment and licences ever harder to get for new mines Asia market offsets cuts from rich nations By Tim Cocks JOHANNESBURG, Oct 25 (Reuters) - New coal investment may be drying up as the world seeks greener energy, but for miners like South Africa's Thungela Resources TGAJ.J that could be a boon if Asia's ravenous appe
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Anglo American, Munich Re, Stora Enso Oyj

EUROPE RESEARCH ROUNDUP-Anglo American, Munich Re, Stora Enso Oyj Oct 25 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Anglo American, Munich Re and Stora Enso Oyj , on Friday. HIGHLIGHTS * Anglo American Plc AAL.L : HSBC cuts target price to 2150p from 2200p * Brooks MacDonald Group Plc BRK.L : Peel Hunt cuts to add from buy * DSV DSV.CO : HSBC raises to buy from hold * Munich Re MUVGn.DE : Berenberg cuts to hold for buy * Stora
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Can Anglo's copper pivot help thwart renewed takeover bid?

RPT-FOCUS-Can Anglo's copper pivot help thwart renewed takeover bid? Repeats OCT 24 story, no change to text Copper assets key to Anglo's defence against takeover BHP may wait for Anglo's restructuring before another bid By Felix Njini JOHANNESBURG, Oct 25 (Reuters) - The speed at which Anglo American shifts to becoming a copper-focused miner may well dictate its ultimate fate - survival as an independent operator, or absorption by a bigger rival such as BHP Group, which earlier this year failed
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FTSE 100 closes higher on earnings boost

UPDATE 1-FTSE 100 closes higher on earnings boost FTSE 100 up 0.13%; FTSE 250 down 0.19% Unilever up after Q3 results British preliminary flash PMI down to 51.7 in Oct Updated at 1555 GMT By Pranav Kashyap Oct 24 (Reuters) - London's blue-chip stock index edged higher on Thursday, buoyed by upbeat corporate earnings and economic data that bolstered bets of more rate cuts from the Bank of England.
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South African rand firms; platinum group metals stocks soar

UPDATE 1-South African rand firms; platinum group metals stocks soar Updates prices as of 1520 GMT, recasts to include platinum group metals stocks, adds analyst comment in paragraph 3 JOHANNESBURG, Oct 24 (Reuters) - South Africa's rand gained against a weaker dollar on Thursday while local platinum group metals (PGMs) producers' shares soared over concerns about supply sanctions on top palladium producer Russia.
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