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AAL Anglo American Plc

2,693.50
32.00 (1.20%)
03 May 2024 - Closed
Delayed by 15 minutes
Anglo American Investors - AAL

Anglo American Investors - AAL

Share Name Share Symbol Market Stock Type
Anglo American Plc AAL London Ordinary Share
  Price Change Price Change % Share Price Last Trade
32.00 1.20% 2,693.50 16:35:21
Open Price Low Price High Price Close Price Previous Close
2,750.00 2,646.50 2,776.50 2,693.50 2,661.50
more quote information »
Industry Sector
MINING

Top Investor Posts

Top Posts
Posted at 01/5/2024 11:43 by cobourg1
WHO ARE ANGLO AMERICAN’S POSSIBLE SUITORS?

“I think there could be a lot of interloper risk,” said one large mining sector investor. “The details of Anglo are sitting on every CEO’s desk, that I can assure you.”

...............................................................................................................................................................


That should be worth a tick down from Cupid Stunt.
Posted at 28/4/2024 15:23 by philanderer
Anglo American will face investors this week at its annual general meeting.
Investors think BHP might have capacity to pay more for Anglo American.

Anglo American shareholders are expected to appeal to their chairman this week to extract a better price from potential suitor BHP after its $60 billion bid was swiftly rejected amid investor confidence it could be willing to pay more.

After a bruising year for Anglo American, which has 90,000 staff and assets spanning South American copper mines to Queensland coal seams, investors will grill the board at its annual general meeting in London on Tuesday (8pm AEST).
Posted at 14/3/2024 08:58 by juliemara
Investor 'I'd like to buy 32p'

AI 'That will be £1 please'
Posted at 27/2/2024 00:06 by philanderer
The way to make money is to ignore the crowd – so forget Nvidia and buy this miner


Questor share tip: profits may have fallen, but investors should never forget that this is a cyclical business



or
Posted at 22/2/2024 13:59 by cumnor
Market already priced in big miners' divi cuts-it's not news to those in the know, and so the sell off anticipated this across the board over the past months. Now the anticipated bad news is out of the way the serious money is collecting miners on the cheap-note they were all quite bullish for 24 and forward on metals demand. There is no one else mining them and demand will continue to grow. The only ones 'surprised' at mining results were mug retail traders and, as expected, they panicked and sold but no share price collapse as investors top up.
Posted at 20/2/2024 08:00 by scepticalinvestor
From what I understand, the SA economy is held up by the value of natural resources.Given the substantial drop in value, it no doubt makes intl investors question their investment strstegy over there. Not even Guinea Bissau has as many power outages as SA. Are they still happening?
Posted at 15/2/2024 00:31 by philanderer
'Stocks to Watch'

When the London-listed mining majors report financial results next week, costs are likely to be key focus for investors following signs of operational stabilization in their production reports, Citi said.

Rio Tinto, Anglo American and Antofagasta are the bank's key sector picks, while Fresnillo "remains an attractive precious-metal play."
Posted at 27/12/2023 10:39 by eggbaconandbubble
Anglo American Plans to Sell Stake in U.K. Mining Project, The Times Reports
27/12/2023 9:38am
Dow Jones News

Anglo American (LSE:AAL)
Intraday Stock Chart

Wednesday 27 December 2023
Click Here for more Anglo American Charts.
-- Anglo American could be preparing to sell a minority stake in the Woodsmith fertilizer mine, in North Yorkshire, as it seeks to share the $9 billion development cost, The Times of London reported.
-- The FTSE 100 diversified mining company is seeking to identify potential investors--which could be infrastructure investors, sovereign wealth funds or distribution companies--before starting a formal offer of up to 49% stake of the project, The Times reported.
-- Anglo American declined to comment on the news, but said that the company would consider a minority stake sale for the right value with the right partner, at the right time.

Full story:

Write to Michael Susin at michael.susin@wsj.com

(END) Dow Jones Newswires
December 27, 2023 04:23 ET (09:23 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Posted at 08/12/2023 20:38 by turvart
This is Worth a good read especially from page 32 onwards, production figures for 2023 are going to be better than 2022 especially with copper with 825 KT for 2023 vs 664 KT for 2022, also for people mentioning the dividend its stated that the pay out will remain the same ratio of which is 40% of earnings.

www.angloamerican.com/investors/investor-presentations
Posted at 19/12/2021 05:39 by waldron
Activist Investor Push To End Coal Mining Is Backfiring
By Editorial Dept - Nov 13, 2021, 10:00 AM CST

Climate activists and impact investors have seen their plans to end coal mining turn into exactly the opposite
The push to end coal mining has made several mines more valuable in the face of robust global coal demand
Miners that were planning mine shutdowns have extended the production life of their assets

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The obvious case for allowing the free market to make decisions in industries like energy is that, when changes are forced instead of adopted naturally (usually via laws or government subsidies), they often work against the interests of efficiency.

That's a lesson several companies found out first hand. In fact, Bloomberg writes there is now a "growing unease among climate activists and some investors that the policy many of them championed could lead to more coal being produced for longer".

For example, Anglo American Plc, one of the world’s most powerful mining companies, has become "a case study in unintended consequences" after climate activists and investors urged it to stop digging up coal, Bloomberg reported this week. Now, it has transformed mines that were one set for closure into "the engine room for a growth-hungry coal business".

Anglo American CEO Mark Cutifani had seen Rio Tinto sell off its coal mines and had a plan to shut down its seven South African mines. But the company wasn't taking action fast enough for activists and investors, so Anglo spun off another company called Thungela and tucked its coal operations into the SpinCo. Investors could then "decide for themselves" if they wanted to hold or sell shares of the SpinCo.

The SpinCo Chief Executive Officer, July Ndlovu, then announced they were looking to grow their coal production, not shrink it.

“I didn’t take up this role to close these mines, to close this business,” Ndlovu said. Its South African mines have the potential to add a decade or more of mining, producing more than 10 million tons of coal per year.

BHP Group, a rival company, had trouble selling a colliery earlier this year so it applied to extend mining at the site for another two decades. It was thought of as a way to sweeten a deal to sell the mine, but may wind up turning into BHP simply mining at the site for longer than expected. Investors continue to bring up BHP's exit strategy from the mines as a point of contention.

Related: Can U.S Shale Drillers Help Prevent An Energy Crunch?

“The big push from investors is around ensuring that any divestment that occurs is to parties that are responsible,” BHP CEO Mike Henry said.

Glencore Plc announced earlier this year it would increase its ownership of a large Colombian coal mine after seeking out the opinions of activists, the report says. The company has promised to end its coal operations by 2050, but has also prepared "contingency" plans in the event investors "force it".

Nick Stansbury, head of climate solutions at Legal & General Group Plc, told Bloomberg: “Everyone in the industry is starting to be more sophisticated, more nuanced and more careful on the way they think these issues through.”

Ashley Hamilton Claxton, the head of responsible investment at Royal London Asset Management, concluded by stating that fossil fuel companies should hold on to their coal assets and manage their decline: “Selling the problem to a third party has unintended consequences. We need to shift the debate in the investment industry about being more sophisticated around these things.”

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