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Anglo upgraded to 'buy' status

Strong mining fundamentals and robust balance sheet to boost major miner

Jacqueline Holman
Despite having exposure to PGMs and diamonds, the analysts see no reason why Anglo American should not have 'buy' status

Despite having exposure to PGMs and diamonds, the analysts see no reason why Anglo American should not have 'buy' status

"Based on our analysis, mining sector fundamentals are very strong due to serious supply constraints at existing mines, a lack of supply growth from new projects, stable Chinese demand, and improving demand...

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