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United States

Anglo American PLC (AGLJ.J)

AGLJ.J on Johannesburg Stock Exchange

29,132.00ZAc
22 Jan 2018
Change (% chg)

-968.00 (-3.22%)
Prev Close
30,100.00
Open
30,272.00
Day's High
30,400.00
Day's Low
29,100.00
Volume
2,109,593
Avg. Vol
2,165,038
52-wk High
30,500.00
52-wk Low
15,684.00

Latest Key Developments (Source: Significant Developments)

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

Anglo CEO says late cycle commodities well positioned in longer term
Tuesday, 16 May 2017 03:50am EDT 

May 16 (Reuters) - Anglo American Plc ::Anglo american plc - "Late Cycle commodities well positioned in the longer term" - ceo.Anglo american plc - "Industry-wide supply side challenges increasing, but bulks generally well supplied" - ceo.Anglo american plc - "price volatility likely to remain" - ceo.Anglo american plc - "Reinstatement of dividend a priority based on payout ratio and targeted for the end of 2017" - ceo.Anglo american plc - "Target net debt/ebitda <1x at spot prices" - ceo.  Full Article

Anglo American says De Beers rough diamond sales value cycle 4 of $520mln
Tuesday, 16 May 2017 03:00am EDT 

May 16 (Reuters) - Anglo American Plc ::De beers' rough diamond sales value cycle 4, 2017.Value of rough diamond sales for de beers' fourth sales cycle of 2017, amounting to $520 million."Sentiment remains positive as we head towards important las vegas trade show in early june." - CEO of De Beers."We are continuing to see steady demand for rough diamonds, despite industry entering a typically quieter season." De Beers' CEO.  Full Article

Anglo American agrees to sale of Drayton coal mine in Australia
Thursday, 4 May 2017 03:00am EDT 

May 4 (Reuters) - Anglo American Plc ::Anglo American agrees sale of Drayton coal mine in Australia.Entered into a sale and purchase agreement with Malabar coal to sell its 88.17 pct interest in Drayton thermal coal mine, Drayton South project.Transaction will be effected via a sale of shares in subsidiary companies holding Anglo American's interest in Drayton.Transaction remains subject to several conditions precedent and its terms are confidential.Anglo American ceased mining activities at drayton mine during 2016.  Full Article

Anglo American says Q1 production up 9 pct
Monday, 24 Apr 2017 02:00am EDT 

April 24 (Reuters) - Anglo American Plc ::Anglo American production report Q1, 2017.Q1 rough diamond production increased by 8 pct to 7.4 million carats compared with q1 2016. This reflected contribution of Gahcho Kué in Canada.Q1 platinum production (metal in concentrate) (2) was broadly flat at 572,000 ounces.Q1 copper production decreased by 3 pct to 142,600 tonnes.Q1 iron ore production from Kumba increased by 17 pct to 10.5 million tonnes due to improved mining productivity at Sishen, and higher throughput at Kolomela..Q1 iron ore production from Minas-Rio increased by 30 pct to 4.3 million tonnes (wet basis) as operation continued to ramp-up..Q1 production of South African and Colombian export thermal coal increased by 6 pct to 6.8 million tonnes.Q1 nickel production decreased by 12 pct to 9,900 tonnes.Q1 export metallurgical coal production increased by 28 pct to 5.2 million tonnes.De beers full year production guidance remains unchanged at 31-33 million carats, subject to trading conditions..Total rough diamond sales volumes in Q1 2017 were 14.1 million carats.Full year production guidance of metal in concentrate remains unchanged at 2.35 - 2.40 million ounces..FY copper production guidance remains unchanged at 570,000 - 600,000 tonnes.Iron ore and manganese full year production guidance remains unchanged at 40-42 million tonnes..Australian export thermal coal production was impacted by cyclone Debbie with production losses in last week of march.  Full Article

Anglo American expects to get licenses to expand in Brazil

RIO DE JANEIRO, Jan 23 Anglo American PLC said on Tuesday it expects to receive long-awaited licenses on Friday which will pave the way for the mining company to boost its Brazilian iron ore production capacity by about 56 percent.