Edition:
United States

Anglo American PLC (AAL.L)

AAL.L on London Stock Exchange

1,451.00GBp
22 Nov 2017
Change (% chg)

-6.50 (-0.45%)
Prev Close
1,457.50
Open
1,462.00
Day's High
1,472.00
Day's Low
1,450.50
Volume
532,137
Avg. Vol
6,581,893
52-wk High
1,534.50
52-wk Low
950.10

Latest Key Developments (Source: Significant Developments)

Anglo American reports 6 pct rise in Q3 total production
Tuesday, 24 Oct 2017 02:00am EDT 

Oct 24 (Reuters) - Anglo American Plc ::ANGLO AMERICAN PLC - Q3 2017 DIAMOND PRODUCTION ‍9.2​ MILLION CARATS VERSUS 6.3 MILLION CARATS IN Q3 2016.ANGLO AMERICAN PLC - Q3 2017 COPPER PRODUCTION FROM RETAINED OPERATIONS ‍147,300​ TONNES VERSUS 139,800 TONNES IN Q3 2016.ANGLO AMERICAN PLC - Q3 2017 PLATINUM PRODUCTION ‍621​ KOZ VERSUS 619 KOZ IN Q3 2016.ANGLO AMERICAN PLC - Q3 2017 IRON ORE PRODUCTION FROM KUMBA ‍11.5​ MILLION TONNES VERSUS 11.8 MILLION TONNES IN Q3 2016.ANGLO AMERICAN PLC - Q3 2017 IRON ORE PRODUCTION FROM MINAS-RIO ‍4.2​ MILLION TONNES VERSUS 4.5 MILLION TONNES IN Q3 2016.ANGLO AMERICAN PLC - FOR DE BEERS ‍FULL YEAR PRODUCTION GUIDANCE HAS BEEN REVISED TO ABOUT 33 MILLION CARATS​.ANGLO AMERICAN PLC - Q3 2017 EXPORT METALLURGICAL COAL PRODUCTION ‍5.5​ MILLION TONNES VERSUS 5.1 MILLION TONNES IN Q3 2016.ANGLO AMERICAN PLC - FOR COPPER ‍FULL YEAR PRODUCTION GUIDANCE HAS BEEN TIGHTENED TO 570,000 - 580,000 TONNES​.ANGLO AMERICAN PLC - Q3 2017 EXPORT THERMAL COAL PRODUCTION ‍6.3​ MILLION TONNES VERSUS 7.4 MILLION TONNES IN Q3 2016.ANGLO AMERICAN PLC - Q3 2017 NICKEL PRODUCTION ‍11,200​ TONNES VERSUS 11,300 TONNES IN Q3 2016.ANGLO AMERICAN PLC - FOR PLATINUM ‍PRODUCTION GUIDANCE (METAL IN CONCENTRATE) HAS BEEN LOWERED TO 2.30 - 2.35 MILLION OUNCES​.ANGLO AMERICAN PLC - ‍FOR IRON ORE BRAZIL FULL YEAR PRODUCTION GUIDANCE REMAINS UNCHANGED AT 16-18 MILLION TONNES (WET BASIS).​.  Full Article

Anglo American says ‍Volcan Investments raises stake in co to 19.35 pct
Friday, 13 Oct 2017 09:00am EDT 

Oct 13 (Reuters) - Anglo American Plc :‍VOLCAN INVESTMENTS LIMITED RAISES STAKE TO 19.35 PERCENT FROM 12.08 PERCENT EARLIER - FILING ​.  Full Article

South Africa's Solidarity says Chamber of Mines makes a favourable wage offer
Tuesday, 3 Oct 2017 09:39am EDT 

Oct 3 (Reuters) - SOUTH AFRICA'S SOLIDARITY::SOUTH AFRICA'S SOLIDARITY - ON MONDAY, RECEIVED A FAVOURABLE WAGE OFFER FROM CHAMBER OF MINES.SOUTH AFRICA'S SOLIDARITY - WAGE OFFER RANGES BETWEEN 5,5 PCT AND 7.5 PCT DEPENDING ON EMPLOYEE'S JOB LEVEL WITHIN CATEGORY 4 TO 8, AND ALSO APPLIES TO MINERS, ARTISANS AND OFFICIALS.SOUTH AFRICA'S SOLIDARITY: OFFER INVOLVES A 7,5 PCT WAGE INCREASE AT ANGLO, EXXARO AND GLENCORE MINING HOUSES; A 7 PCT INCREASE AT KANGRA MINING HOUSE; AND A 5 PCT INCREASE AT BOTH DELMAS AND MSOBO.  Full Article

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

Peru's Graña y Montero eyes mining projects, to cooperate in Odebrecht probe

LIMA Peru's largest construction company, Graña y Montero, is hoping to win major mine contracts to replace lost business, its chairman said on Friday, as it seeks to minimize the fallout from its links with Brazil's scandal-plagued builder Odebrecht.