Edition:
United States

Anglo American PLC (AGLJ.J)

AGLJ.J on Johannesburg Stock Exchange

23,380.00ZAc
22 Sep 2017
Change (% chg)

-520.00 (-2.18%)
Prev Close
23,900.00
Open
23,517.00
Day's High
23,747.00
Day's Low
23,329.00
Volume
2,260,498
Avg. Vol
2,410,497
52-wk High
24,143.00
52-wk Low
15,684.00

Latest Key Developments (Source: Significant Developments)

Anglo American launches tender offers for certain U.S. dollar securities​
Wednesday, 6 Sep 2017 08:22am EDT 

Sept 6 (Reuters) - ANGLO AMERICAN PLC ::LAUNCHES CASH TENDER OFFERS FOR CERTAIN U.S. DOLLAR SECURITIES​.‍TENDER OFFERS ARE BEING MADE BY COMPANY AS PART OF COMPANY'S ONGOING PRO-ACTIVE CAPITAL MANAGEMENT​.RESULTS OF TENDER OFFERS ARE EXPECTED TO BE ANNOUNCED ON SEPTEMBER 13, 2017.  Full Article

‍De Beers to invest over $140 mln in marketing this year
Tuesday, 29 Aug 2017 05:27am EDT 

Aug 29 (Reuters) - DE BEERS GROUP::TO MAKE LARGEST INVESTMENT IN DIAMOND MARKETING SINCE 2008​.‍$140M SPEND FOCUSED ON UNITED STATES, CHINA AND INDIA​.  Full Article

Anglo American says De Beers' sixth sales cycle of 2017 amounts to $572 mln
Tuesday, 1 Aug 2017 03:00am EDT 

Aug 1 (Reuters) - Anglo American Plc ::‍VALUE OF ROUGH DIAMOND SALES (GLOBAL SIGHTHOLDER SALES AND AUCTION SALES) FOR DE BEERS' SIXTH SALES CYCLE OF 2017, AMOUNTING TO $572 MILLION​.‍"WITH DIWALI BEING EARLIER THAN NORMAL IN 2017, WE SAW SOME DEMAND FROM INDIAN DIAMANTAIRES PULLED FORWARD FROM SIGHT 7" -CEO DE BEERS​.  Full Article

Anglo American resumes dividend payment
Thursday, 27 Jul 2017 02:00am EDT 

July 27 (Reuters) - Anglo American Plc ::INTERIM DIVIDEND 0.48 USDPER SHARE.ANGLO AMERICAN PLC SAYS NET DEBT REDUCED TO $6.2 BILLION AS OF JUNE 30 2017.HY UNDERLYING EBITDA* OF $4.1 BILLION, A 68% INCREASE (H1 2016: $2.5 BILLION).HY UNDERLYING EARNINGS OF $1,536 MILLION VERSUS $698 MILLION LAST YEAR.HY PROFIT ATTRIBUTABLE TO EQUITY SHAREHOLDERS OF $1.4 BILLION (H1 2016: $0.8 BILLION LOSS).DIVIDEND RESUMED AS NET DEBT REDUCED TO $6.2 BILLION, DRIVEN BY $2.7 BILLION FREE CASH FLOW.DIVIDEND PAYMENT OF 48 US CENTS PER SHARE FOR FIRST HALF YEAR.HY NET FINANCE COSTS, BEFORE SPECIAL ITEMS AND REMEASUREMENTS, EXCLUDING ASSOCIATES AND JOINT VENTURES, WERE $217 MILLION (H1 2016: $109 MILLION).CAPITAL EXPENDITURE FOR 2017 FULL YEAR IS EXPECTED TO BE APPROXIMATELY $2.3 BILLION, $0.2 BILLION LOWER THAN PREVIOUS GUIDANCE OF $2.5 BILLION."GROUP HAS REACHED ITS NET DEBT AND GEARING TARGETS EARLIER THAN EXPECTED AND IS THUS IN A POSITION TO RESUME DIVIDEND PAYMENTS".  Full Article

Kumba Iron appoints Mandla Gantsho as independent director and chairman designate
Tuesday, 25 Jul 2017 02:05am EDT 

July 25 (Reuters) - KUMBA IRON ORE LTD ::FANI TITI INTENDS TO STEP DOWN FROM BOARD WITH EFFECT FROM 30 SEPTEMBER 2017.MANDLA GANTSHO HAS BEEN APPOINTED AS AN INDEPENDENT DIRECTOR AND CHAIRMAN DESIGNATE.GANTSHO WILL JOIN BOARD ON 1 AUGUST 2017 AND WILL SUCCEED TITI AS CHAIRMAN ON 1 OCTOBER 2017, AFTER HANDOVER PERIOD OF TWO MONTHS.  Full Article

Anglo American raises FY Kumba iron ore production guidance
Thursday, 20 Jul 2017 02:00am EDT 

July 20 (Reuters) - Anglo American Plc :Says full year copper production guidance remains unchanged at 570,000 - 600,000 tonnes .HY copper production volumes of 283,400 tonnes versus 291,000 tonnes.HY total platinum production of ‍​1.19 million ounces versus. 1.15 million ounces.Increased FY production guidance for Kumba iron ore and are on track to deliver full year guidance across rest of products.Q2 rough diamond production increased by 36 pct to 8.7 million carats in line with higher production forecast for 2017.Says FY platinum ‍production guidance (metal in concentrate) remains unchanged at 2.35 - 2.40 million ounces​.In De Beers, full year production guidance remains unchanged at 31-33 million carats.Says copper sales volumes in H1 2017 were impacted by temporary port closures in Chile.  Full Article

Anglo American says value of De Beers' rough diamond cycle 5 sales at $530 mln
Tuesday, 20 Jun 2017 03:00am EDT 

June 20 (Reuters) - Anglo American Plc ::Anglo American rough diamond sales value for De Beers' fifth sales cycle of 2017 .‍Value of rough diamond sales (global sightholder sales and auction sales) for De Beers' fifth sales cycle of 2017, amounting to $530 million​."We saw continued good demand for de beers rough diamonds in fifth sales cycle of year" - CEO of De Beers​.  Full Article

Anglo American names Stuart Chambers as chairman
Wednesday, 7 Jun 2017 02:00am EDT 

June 7 (Reuters) - Anglo American Plc ::Appoints Stuart Chambers as chairman .‍Chambers will join board of Anglo American as a non-executive director and chairman designate on Sept. 1, 2017​.Chambers will become chairman on Nov. 1, 2017​.‍john Parker will step down from board on Oct. 31, 2017​.  Full Article

Anglo American says completes sale of interest in Dartbrook Coal Mine
Tuesday, 30 May 2017 02:00am EDT 

May 30 (Reuters) - Anglo American Plc ::Announces completion of sale of its 83.33 pct interest in dartbrook coal mine to australian pacific coal limited.  Full Article

Vedanta Chairman Anil Agarwal rules out merger with Anglo American- FT
Wednesday, 24 May 2017 10:39am EDT 

May 24 (Reuters) - :Vedanta Chairman Anil Agarwal rules out merger with Anglo American- FT.  Full Article

Photo

Indian billionaire Agarwal to buy bigger stake in Anglo American

LONDON Volcan Investments, the family trust of the chairman of diversified miner Vedanta , on Wednesday said it was increasing its stake in Anglo American but did not intend to make a bid for the entire company.