Anglo American Share Discussion Threads

[waldron] 04/11/2019 17:05

Iron Ore 82.45 USD -1.10(-1.33%)
Gold COMEX 1,508.90 -0.17%
Silver COMEX 18.00 -0.29%
Platinum NYMEX 940.10 -1.46%
Copper COMEX 2.66 +0.30%
Brent Crude Oil NYMEX 62.67 +1.59%
Gasoline NYMEX 1.66 +1.39%
Natural Gas NYMEX 2.91 +3.78%
(WTI) 57.27 USD +1.94%



Rio Tinto
4,294 +3.02%

Bhp
1,722.8 +2.95%

Anglo American
2,080 +1.79%

Glencore
252.2 +4.67%

[waldron] 01/11/2019 16:43

Iron Ore 83.55 USD -6.00(-7.18%)
Gold COMEX 1,512.40 -0.16%
Silver COMEX 18.06 -0.04%
Platinum NYMEX 958.10 +2.61%
Copper COMEX 2.65 +0.36%
Brent Crude Oil NYMEX 60.54 +1.54%
Gasoline NYMEX 1.61 +2.22%
Natural Gas NYMEX 2.74 +0.33%
(WTI) 55.02 USD +1.74%


Rio Tinto
4,150 +3.39%

Bhp
1,673.6 +2.37%

Anglo American
2,043.5 +3.12%

Glencore
240.1 +3.20%

[waldron] 31/10/2019 16:54

Iron Ore 89.55 USD -0.25(-0.28%)
Gold COMEX 1,514.00 +1.16%
Silver COMEX 18.05 +1.00%
Platinum NYMEX 936.90 +0.68%
Copper COMEX 2.63 -1.92%
Brent Crude Oil NYMEX 59.39 -1.41%
Gasoline NYMEX 1.59 -1.91%
Natural Gas NYMEX 2.66 -1.19%
(WTI) 54.12 USD -1.35%



Rio Tinto
4,014 -1.21%

Bhp
1,634.8 -1.10%

Anglo American
1,981.6 -0.82%

Glencore
232.65 -2.00%

[waldron] 30/10/2019 16:52

Iron Ore 89.80 USD -0.23(-0.26%)
Gold COMEX 1,496.70 +0.40%
Silver COMEX 17.88 +0.25%
Platinum NYMEX 928.80 +0.40%
Copper COMEX 2.69 +0.04%
Brent Crude Oil NYMEX 60.48 -1.22%
Gasoline NYMEX 1.64 -0.35%
Natural Gas NYMEX 2.68 +1.52%
(WTI) 54.51 USD -1.75%



Rio Tinto
4,069 -2.07%

Bhp
1,652.8 -1.48%

Anglo American
1,996.2 -2.55%


Glencore
237.35 -1.47%

[maywillow] 30/10/2019 13:13

Barclays Capital Equal weight 2,000.00 -

[florenceorbis] 30/10/2019 09:52

DZ Bank Sell but up from 1,580.00 to 1,600.00 Reiterates

[waldron] 29/10/2019 17:02

Iron Ore 90.03USD -0.20(-0.22%)
Gold COMEX 1,491.70 -0.27%
Silver COMEX 17.85 -0.17%
Platinum NYMEX 924.20 +0.57%
Copper COMEX 2.69 +0.30%
Brent Crude Oil NYMEX 61.50 +0.41%
Gasoline NYMEX 1.65 +1.07%
Natural Gas NYMEX 2.68 +4.85%
(WTI) 55.71 USD -0.16%


Rio Tinto
4,155 +0.36%

Bhp
1,677.6 -0.05%

Anglo American
2,048.5 +0.29%

Glencore
240.9 +0.58%

[waldron] 28/10/2019 16:54

Iron Ore 90.23USD 0.01(0.01%)
Gold COMEX 1,494.00 -0.75%
Silver COMEX 17.85 -0.42%
Platinum NYMEX 918.70 -1.56%
Copper COMEX 2.68 +0.34%
Brent Crude Oil NYMEX 61.43 -0.95%
Gasoline NYMEX 1.63 -0.35%
Natural Gas NYMEX 2.54 +3.13%
(WTI) 55.8 USD -1.54%


Rio Tinto
4,140 +0.53%

Bhp
1,678.4 +1.28%

Anglo American
2,042.5 +1.34%

Glencore
239.5 +2.24%

[waldron] 25/10/2019 16:50

Iron Ore 90.22 USD 0.11(0.12%)
Gold COMEX 1,511.00 +0.42%
Silver COMEX 18.12 +1.77%
Platinum NYMEX 938.50 +1.45%
Copper COMEX 2.69 +0.75%
Brent Crude Oil NYMEX 61.68 +0.02%
Gasoline NYMEX 1.63 +0.18%
Natural Gas NYMEX 2.46 -0.16%
(WTI) 56.37 USD +0.50%


Rio Tinto
4,118 +1.20%

Bhp
1,657.2 +0.74%

Anglo American
2,015.5 +1.61%

Glencore
234.25 +0.82%

[waldron] 24/10/2019 16:55

Iron 90.11 USD -0.34(-0.38%)
Gold COMEX 1,503.00 +0.49%
Silver COMEX 17.78 +1.11%
Platinum NYMEX 924.80 +0.26%
Copper COMEX 2.67 -0.19%
Brent Crude Oil NYMEX 61.54 +0.60%
Gasoline NYMEX 1.62 +0.70%
Natural Gas NYMEX 2.44 +0.33%
(WTI) 56.25 USD +0.95%


Rio Tinto
4,069 +0.27%

Bhp
1,645 +0.33%

Anglo American
1,983.6 +0.19%

Glencore
232.35 -0.71%

[waldron] 23/10/2019 16:51

Iron Ore 90.45 USD -0.08(-0.09%)
Gold COMEX 1,496.50 +0.61%
Silver COMEX 17.58 +0.43%
Platinum NYMEX 919.20 +2.59%
Copper COMEX 2.67 +1.25%
Brent Crude Oil NYMEX 60.17 +0.79%
Gasoline NYMEX 1.58 +0.95%
Natural Gas NYMEX 2.43 -0.82%
(WTI) 55.17 USD +1.81%


Rio Tinto
4,059.5 +0.78%

Bhp
1,642.6 +1.50%

Anglo American
1,983.4 +1.19%

Glencore
234.5 +1.38%

[adrian j boris] 23/10/2019 08:07

Jefferies remains with BUY target UP FROM 2200 to 2400 GBp.

[adrian j boris] 23/10/2019 07:55

Deutsche Bank Buy 2,300.00 - Reiterates

[florenceorbis] 23/10/2019 06:21

RBC Capital Markets Top pick 2,350.00 - Reiterates

[waldron] 22/10/2019 17:18

Iron Ore 90.53 USD -0.05(-0.06%)
Gold COMEX 1,487.20 -0.06%
Silver COMEX 17.47 -0.75%
Platinum NYMEX 893.30 +0.12%
Copper COMEX 2.63 -0.47%
Brent Crude Oil NYMEX 59.71 +1.27%
Gasoline NYMEX 1.58 +0.91%
Natural Gas NYMEX 2.46 +0.78%
(WTI) 54.35 USD +1.51%


Rio Tinto
4,028 +0.73%

Bhp
1,618.4 +0.94%


Anglo American
1,960 +1.04%


Glencore
231.3 -0.60%

[florenceorbis] 22/10/2019 12:04

Anglo American said group production in the third quarter rose 4% on a copper-equivalent basis

--The company's 3Q production increase was driven by strong performances at its Minas Rio operations in Brazil, and from its metallurgical coal projects

--Copper production fell due to drought in Chile, which could threaten output next year



By Oliver Griffin



Diversified mining company Anglo American PLC (AAL.LN) saw its shares rise on Tuesday after publishing a broadly positive set of third-quarter production results where copper-equivalent total output rose by 4%.

The mining company said that rising production levels in the three months ended Sept. 30 were driven by continued ramp up at its Minas Rio iron-ore operation in Brazil and a strong performance in metallurgical coal.

Production at Minas Rio, which started ramping up operations in December after a pipeline leak prompted a shutdown of operations last April, came in at 6.1 million metric tons, Anglo American said. Following the strong performance, it raised its full-year guidance range to between 20 million tons and 22 million tons, up from a previous range of 19 million tons to 21 million tons.

Metallurgical-coal production in the third quarter rose 22% to 6.6 million tons, the company said, citing improvements in throughput and equipment productivity. It maintained 2019 production guidance for metallurgical coal in a range of 22 million tons to 24 million tons.

Output at the company's Kumba iron-ore operations in South Africa was flat at 10.5 million tons.

Shares at 0928 GMT traded up 0.7% a 1953.80 pence, having hit highs of 1971.80 pence earlier in the session.

Despite some strong performances, it wasn't all good news for the miner. Ignoring the contribution from Minas Rio, third-quarter production fell 2%, it said, adding that copper output fell 8% to 158,900 tons, due to "unprecedented drought" hitting its Los Bronces operation in Chile.

As a result of the negative impact from the drought, the company lowered the top end of its full-year copper guidance so that the range now stands at 630,000 tons to 650,000 tons. Previously the top end of Anglo American's copper guidance had been 660,000 tons. The company warned that continued drought would also put 2020 copper production at risk.

While metallurgical-coal production shone, the same couldn't be said for the company's other carbon-based production. Output from De Beers, the company's majority-owned diamond business, fell 14% in the third quarter to 7.4 million carats due to planned reductions in output, while production of thermal coal fell 18% due to lower than expected production from Cerrejon in Colombia.

Anglo American maintained its full-year diamond-production guidance at around 31 million carats, subject to trading conditions, and said it expects thermal coal output for the year at the bottom of its range of 26 million tons to 28 million tons, due to the lower performance at Cerrejon.

Anglo American Platinum Ltd. (AMS.JO), in which Anglo American holds a 77.3% stake, said total production of 6E platinum-group metals--which includes platinum, palladium, rhodium, ruthenium, osmium and gold--fell 15% to 1.14 million ounces.

It backed its full-year production guidance at a range of 4.2 million ounces to 4.5 million ounces.



Write to Oliver Griffin at [e-mail]; @OliGGriffin



(END) Dow Jones Newswires

October 22, 2019 06:03 ET (10:03 GMT)

[florenceorbis] 22/10/2019 11:20

Production at Anglo American PLC (AAL.LN) rose in the third quarter, the miner said Tuesday, as increasing coal output offset the impact of dry weather on its copper mines.

Here's a summary of Anglo's third-quarter production and its guidance for the rest of the year.



Copper:

Copper production fell 8% to 158,900 metric tons in the third quarter from the same period in 2018, Anglo said, "driven by unprecedented drought conditions in central Chile."

"To date, 2019 has been the driest year of the longest drought ever recorded in central Chile," the miner added.

The company cut its guidance for copper production this year to 630,000 tons to 650,000 tons, and said the drought "remains a risk for 2020 production."



Coal:

Metallurgical coal production rose 22% to 6.6 million tons, partly because a longwall was moved at the Moranbah mine in Australia in the third quarter of 2018. Anglo said it doesn't expect longwall moves to affect production in the fourth quarter, and left its forecast for metallurgical coal production in 2019 unchanged at 22 million tons to 24 million tons.

Thermal coal output in South Africa fell by 15% to 4.3 million tons as some sections of Anglo's operations there reach the end of their production life. The company cut its guidance for overall thermal coal output this year to 26 million tons, down from 26 million tons to 28 million tons previously, reflecting falling output in Colombia.



Iron Ore:

Kumba in South Africa produced 10.5 million tons of iron ore in the third quarter, broadly unchanged from last year, and is expected to produce 42 million tons to 43 million tons in 2019.

Minas-Rio in Brazil, which was closed from March to December last year, produced 6.1 million tons and is forecast to produce 20 million tons to 22 million tons in 2019 as a whole. That is up from Anglo's previous forecast of 19 million tons to 21 million tons.



Write to Joe Wallace at [e-mail]



(END) Dow Jones Newswires

October 22, 2019 05:59 ET (09:59 GMT)

[waldron] 22/10/2019 10:06

ining
General mining & base metals
Madeleine Taylor

08:43 Tue 22 Oct 2019
viewAnglo American plc
Anglo American's copper production dries up in severe drought

Elsewhere the miner ramped up production by 4%, especially of its main product iron ore
The driest year of the longest drought recorded in Chile sunk production guidance at Los Bronces copper mine
The driest year of the longest drought recorded in Chile sunk production guidance at Los Bronces copper mine

Anglo American plc (LON:AAL) has trimmed its copper production estimates for the year after “unprecedented drought conditions” at its Los Bronces mine in Chile.

Los Bronces produced 80,400 tonnes of copper in the last quarter until the end of September, 16% less than the same period last year, which the FTSE 100 company blamed on lower water availability at the plant.
READ: Anglo American at last finds favour with analysts after years in the wilderness

This led to a reduction to the diversified miner’s annual production estimates to 630,000-650,000 tonnes from previous guidance of 630,000-660,000 tonnes.

The driest year of the longest drought ever recorded in central Chile also remains a risk for next year, Anglo said.

Overall copper production, which accounts for around 15% of the company’s annual profits, was down 8% to 158,900 tonnes in the last quarter.

But the diversified miner may weather copper’s storm, with iron ore production elsewhere up 4% thanks to a ramp-up at Minas-Rio in Brazil, which produced 6.1mln tonnes, increasing year-estimates for the mine to 20-22mln tonnes from a previous 19-21mln tonnes.

Other products, including platinum and palladium, remained broadly flat, and De Beers’ diamond production dropped 14% in the period ended 30 September due to weaker market demand.

Chief executive Mark Cutifani said Anglo American remains “broadly on track to deliver within full-year production targets” thanks to the increase in production guidance at Minas-Rio.

Cutifani added that copper and thermal coal will deliver “at the lower end of their ranges”, with copper “working to mitigate the effect of drought conditions in central Chile”.

Anglo shares, which are up 13% in the year to date, despite a fall in recent months, were struggling for direction in Tuesday morning trading, finding themselves flat at 1,939p after almost two hours.

PROACTIVEINVESTORS

[waldron] 21/10/2019 17:25

Iron Ore 90.58 USD -0.18(-0.20%)
Gold COMEX 1,488.40 -0.38%
Silver COMEX 17.60 +0.10%
Platinum NYMEX 890.00 -0.66%
Copper COMEX 2.64 +0.32%
Brent Crude Oil NYMEX 58.52 -1.51%
Gasoline NYMEX 1.55 -1.53%
Natural Gas NYMEX 2.45 -2.62%
(WTI) 53 USD -1.01%


Rio Tinto
3,999 +0.95%

Bhp
1,603.4 +0.21%

Anglo American
1,939.8 +2.11%

Glencore
232.7 +2.26%

[la forge] 20/10/2019 11:22

cpap man
20 Oct '19 - 11:02 - 6328 of 6328 (Filtered)


0 0 0

[cpap man] 20/10/2019 11:02

very good news ref: IC

[cheshire pete] 19/10/2019 15:54

IC Buy recommendation 18th Oct. citing price strength of palladium amongst other things.