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Anglo American PLC (AAUKF.PK)

AAUKF.PK on OTC Markets Group

16.80USD
17 Feb 2017
Change (% chg)

$-0.53 (-3.06%)
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$17.33
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Volume
2,500
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$17.61
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Latest Key Developments (Source: Significant Developments)

China Molybdenum updates on acquisition of Anglo American's niobium and phosphates businesses<3993.HK><603993.SS>
Friday, 29 Jul 2016 07:56am EDT 

China Molybdenum Co Ltd <603993.SS>: Update on the acquisition of Anglo American Plc's niobium and phosphates businesses <3993.HK> . Company received the notice of not implementing further review from MOFCOM Anti-Monopoly Bureau regarding the transaction . Refers to announcements in relation to proposed acquisition of Anglo American Plc's niobium and phosphates businesses .  Full Article

Anglo American says net debt at June 30 fell to $11.7 bln
Thursday, 28 Jul 2016 02:00am EDT 

Anglo American Plc : Net debt at 30 june 2016 decreased to $11.7 billion versus. $12.9 billion as at 31 december 2015 . Capital and cost discipline expected to deliver net debt of less than $10 billion at end 2016. . Group revenue $10.62 billion for 6 months ended june 30 versus $13.35 billion last year . Loss before tax $364 million for 6 months ended june 30 versus $1.92 billion last year . H1 group underlying ebit of $1.4 billion, a 27% decrease, due to lower commodity prices . Total platinum production (metal in concentrate) rose by 2%, driven by continued strong performance at amandelbult and mogalakwena. . Plans are in place to deliver approximately $200 million of cash savings for diamonds unit . Disposal proceeds of $1.5 billion agreed and expect to be completed in h2 2016 . Unit costs decreased by 19% versus. H1 2015 in us dollar terms . Commodity price-driven impairment of $1.2 billion relating to moranbah and grosvenor coal assets . No interim dividend was declared for 2016 (h1 2015: 32 us cents per ordinary share). . Board has recommended that, upon resumption, anglo american plc should adopt a payout-ratio-based dividend policy . Sees expansionary capital expenditure will continue to decrease, .Macro-Economic conditions underpinning consumer demand for diamonds remain broadly stable in aggregate.  Full Article

Anglo American sees $143 mln in H1 underlying earnings from Kumba Iron Ore Ltd
Tuesday, 26 Jul 2016 02:00am EDT 

Anglo American Plc :Will report underlying earnings in respect of Kumba Iron Ore Limited of $143 million for six months ended 30 June 2016.  Full Article

Anglo American says Themba Mkhwanazi appointed CEO of Kumba Iron Ore
Tuesday, 26 Jul 2016 01:07am EDT 

Anglo American Plc : Appointment of Themba Mkhwanazi as CEO of Kumba Iron Ore Limited . July Ndlovu appointed ceo of anglo american's coal business in south africa, to replace Themba Mkhwanazi .Appointments of Mkhwanazi will take effect on 1 september 2016.  Full Article

Anglo American sees H1 underlying earnings of $68 mln from Amplats
Monday, 25 Jul 2016 02:00am EDT 

Anglo American Plc :Will report underlying earnings in respect of Anglo American Platinum Limited of $68 million for six months ended June 30 2016.  Full Article

Anglo American cuts FY copper, iron ore Brazil production guidance
Wednesday, 20 Jul 2016 02:00am EDT 

Anglo American Plc : Anglo american q2 production report . Q2 platinum production (expressed as metal in concentrate) (2) increased by 1% to 585,700 ounces . Q2 copper production from retained operations decreased by 8% to 144,200 tonnes . Q2 iron ore production from kumba decreased by 15% to 8.9 million tonnes as sishen restructured . Q2 iron ore production from minas-rio increased by 91% to 3.5 million tonnes (wet basis) as operation continues its ramp-up. . Q2 export metallurgical coal production increased by 4% to 5.5 million tonnes . Q2 export thermal coal production decreased by 6% to 8.1 million tonnes . Full year copper production guidance cut to 570,000 - 600,000 tonnes for 2017 (previously 590,000 - 620,000 tonnes) . Full year copper guidance cut owing to severe winter weather experienced at los bronces during quarter . Q2 manganese ore production was broadly in line with q2 2015 . Q2 diamond production decreased by 19% to 6.4 million carats . Q2 nickel production increased by 76% to 11,100 tonnes following successful completion of barro alto furnace rebuilds in 2015 . Full year copper production guidance has been revised down to 570,000 - 600,000 tonnes for 2016 (previously 600,000 - 630,000 tonnes).  Full Article

Anglo American Platinum sees H1 HEPS down 50-70 pct
Tuesday, 12 Jul 2016 02:00am EDT 

Anglo American Platinum Ltd : jse: ams - updated trading statement for the six months ended 30 june 2016 . Sees HEPS for six months ended June 30 likely to decrease to 285 cents and 470 cents (or between 70 pct and 50 pct) . Expected fall in headline earnings is primarily due a higher inventory gain in comparative period .Earnings were negatively impacted by a decrease in dollar metal prices in current period.  Full Article

Anglo American says De Beers' cycle 5 rough diamond sales $560 mln
Tuesday, 28 Jun 2016 03:00am EDT 

Anglo American Plc : De Beers' rough diamond sales value cycle 5 2016 . Sales in fifth cycle of year were somewhat lower than in fourth cycle, in line with co expectations . Rough diamond demand and polished diamond prices remain stable, reflecting steady consumer demand, but we maintain a cautious outlook - CEO De Beers group .Value of rough diamond sales (global sightholder sales and auction sales) for De Beers' fifth sales cycle of 2016, amounting to $560 mln, versus $636 mln value of fourth sales cycle of 2016.  Full Article

China Molybdenum receives NDRC approval for acquisition of Anglo American's niobium and phosphates businesses<3993.HK><603993.SS>
Tuesday, 21 Jun 2016 07:43am EDT 

China Molybdenum Co Ltd <603993.SS>: Approval from NDRC for acquisition of Anglo American Plc's niobium and phosphates businesses <3993.HK> .  Full Article

Anglo American Platinum sees HEPS for 6 mths to June 30 at least 20 pct lower
Tuesday, 21 Jun 2016 02:00am EDT 

Anglo American Platinum Ltd : Sees heps for six months ended 30 june 2016 at least 20% (r494 million or 189 cents per share) lower versus year ago .Fall in earnings primarily due stock take adjustment in previous period; and fall in dollar metal prices.  Full Article

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UPDATE 1-Anglo to suspend copper mining at El Soldado in Chile

SANTIAGO, Feb 17 Anglo American PLC will temporarily suspend operations at its El Soldado copper mine in Chile after failing to receive regulatory approval for a redesign that would have helped keep output flowing, the company said on Friday.