Morning Briefing: Anglo American Sheds Coal Assets, Central Bank Gold Buying to Rise

Anglo American plans to sell its Australian coal mines for up to $3.8bn ahead of the company’s planned merger with Teck Resources, according to a report by Reuters.

The Ghanian government has asked gold miners in its country to sell some production to the country’s central bank. Commercial terms are not yet determined.

According to Goldman Sachs, central banks bought more gold than previously thought and are poised to ramp up their purchases further into 2026.

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