Anglo American Share Discussion Threads

[waldron] 31/1/2020 17:24

Iron Ore 92.44USD -0.46(-0.50%)
Gold COMEX 1,587.60 -0.10%
Silver COMEX 18.03 +0.18%
Platinum NYMEX 961.10 -1.98%
Copper COMEX 2.52 +0.02%
Brent Crude Oil NYMEX 56.46 -1.52%
Gasoline NYMEX 1.51 +0.03%
Natural Gas NYMEX 1.85 +0.93%
WTI 51.39 USD -2.76%

Rio Tinto
4,084 -1.98%

Bhp
1,659.8 -1.86%

Anglo American
1,985.6 -2.24%

Glencore
222.5 -1.72%

[waldron] 31/1/2020 17:23

Price (GBX) 1,985.60 Var % (+/-) -2.24% (Down -45.40)
High 2,033.00 Low 1,978.40
Volume 3,395,129 Last close 1,985.60 on 31-Jan-2020
Bid 1,988.00 Offer 1,989.40
Trading status Post-Close Special conditions NONE

[waldron] 30/1/2020 17:14

Iron Ore 92.90USD -0.44(-0.47%)
Gold COMEX 1,585.70 +0.62%
Silver COMEX 17.99 +2.85%
Platinum NYMEX 977.60 +0.24%
Copper COMEX 2.53 -0.76%
Brent Crude Oil NYMEX 57.38 -2.60%
Gasoline NYMEX 1.50 -2.41%
Natural Gas NYMEX 1.82 -2.41%
WTI 52.18 USD -1.75%


Rio Tinto
4,166.5 -1.75%

Bhp
1,691.2 -1.73%

Anglo American
2,031 -0.81%

Glencore
226.4 -1.07%

[the grumpy old men] 29/1/2020 08:43

Anglo American PLC (AAL.LN) said Wednesday that its majority-owned De Beers Group sold 28% more rough diamonds in the first sales cycle of the year than the previous cycle.

The diversified mining company said diamond producer De Beers--which reports on 10 sales cycles each year--sold $545 million of rough diamonds in the first cycle of the year compared with $426 million for the 10th cycle of last year

In the first cycle of 2019, De Beers sold $500 million of rough diamonds.

"Demand for rough diamonds increased...following the end-of-year selling season and subsequent inventory restocking," De Beers Chief Executive Bruce Cleaver said.



Write to Ian Walker at [e-mail]



(END) Dow Jones Newswires

January 29, 2020 02:29 ET (07:29 GMT)

[waldron] 28/1/2020 17:57

Iron Ore 91.61USD -2.40(-2.62%)
Gold COMEX 1,569.40 -0.51%
Silver COMEX 17.48 -3.22%
Platinum NYMEX 994.00 +0.23%
Copper COMEX 2.58 -0.58%
Brent Crude Oil NYMEX 59.01 +0.73%
Gasoline NYMEX 1.52 +1.53%
Natural Gas NYMEX 1.91 +1.86%
WTI 53.43 USD +0.89%


Rio Tinto
4,250 +0.81%

Bhp
1,723.4 +1.15%

Anglo American
2,052.5 +0.98%

Glencore
227.6 +2.80%

[waldron] 27/1/2020 17:02

Iron Ore 94.01USD -0.34(-0.36%)
Gold COMEX 1,581.70 +0.62%
Silver COMEX 18.20 +0.45%
Platinum NYMEX 995.80 -1.46%
Copper COMEX 2.60 -3.09%
Brent Crude Oil NYMEX 58.11 -2.97%
Gasoline NYMEX 1.47 -3.97%
Natural Gas NYMEX 1.90 +1.76%
WTI 52.52 USD -0.21%

Rio Tinto
4,216 -5.01%

Bhp
1,703.8 -4.23%

Anglo American
2,032.5 -4.67%

Glencore
221.4 -3.97%

[waldron] 24/1/2020 17:19

Iron Ore 94.35USD -0.05(-0.05%)
Gold COMEX 1,572.90 +0.48%
Silver COMEX 18.07 +1.35%
Platinum NYMEX 1,010.20 +0.29%
Copper COMEX 2.69 -1.47%
Brent Crude Oil NYMEX 60.52 -2.45%
Gasoline NYMEX 1.53 -2.98%
Natural Gas NYMEX 1.87 -1.73%
WTI 54.13 USD -2.71%

Rio Tinto
4,438.5 +0.28%

Bhp
1,779 +0.14%

Anglo American
2,132 +0.85%

Glencore
230.55 +1.05%

[florenceorbis] 24/1/2020 08:22

Deutsche Bank Buy 2,400.00 - Reiterates

[waldron] 23/1/2020 17:08

Iron Ore 94.40USD -0.36(-0.38%)
Gold COMEX 1,563.80 +0.46%
Silver COMEX 17.81 -0.10%
Platinum NYMEX 1,004.60 -1.64%
Copper COMEX 2.71 -1.88%
Brent Crude Oil NYMEX 61.94 -2.01%
Gasoline NYMEX 1.57 -1.33%
Natural Gas NYMEX 1.91 +0.58%
WTI 55.58 USD -0.94%


Rio Tinto
4,426 -3.86%

Bhp
1,776.6 -2.67%

Anglo American
2,114 -3.47%

Glencore
228.15 -2.96%

[la forge] 23/1/2020 13:47

Anglo American 2020 Copper Output Depends on Chilean Drought, Forecasts Pickup in Diamond Production -- Commodity Comment
23/01/2020 11:43am
Dow Jones News

Anglo American (LSE:AAL)
Intraday Stock Chart

Today : Thursday 23 January 2020
Click Here for more Anglo American Charts.

By Joe Wallace



Anglo American PLC (AAL.LN) produced less copper in the fourth quarter as the drought in Chile knocked production at one of its biggest mines, the company said Thursday.

Palladium and platinum output rose, however, in a trend that will help shares in Anglo outperform those in other diversified miners, according to analysts at BMO Capital Markets.

Here are some highlights from Anglo's production report:



Copper:

Anglo mined 158,800 metric tons of copper in the final three months of 2019, 13% less than in the same period of 2018. For the year as a whole, production fell by 5% to 638,000 tons. The main reason for the fourth-quarter decline was a 28% fall in output at Los Bronces, Anglo said, "driven by the continued drought conditions in central Chile." The company expects to produce 620,000-670,000 tons of copper in 2020, but said the outlook depends on how much water is available.



Platinum-Group Metals:

Improving ore quality at the Mogalakwena mine in northern South Africa helped lift Anglo's overall production of both platinum and palladium by 10% in the fourth quarter from a year before, to 531,700 and 360,400 ounces respectively. Output also rose at the company's Dishaba mine, part of its operations in Amandelbult.

Anglo said output would have been higher without power outages from utility Eskom. Depending on the availability of power, Anglo expects to produce between 2 million and 2.2 million ounces of platinum and 1.4 million ounces of palladium-roughly the same as in 2019.



Diamonds:

Production by De Beers--Anglo's diamond-mining subsidiary--fell 15% in the fourth quarter from a year before to 7.8 million carats, as output tumbled 65% in South Africa, 10% in Namibia and 7% in Botswana. De Beers deliberately cut output "in response to softer rough diamond demand," Anglo said, a trend driven by the struggle by diamond polishers in India to access credit from the banking system. However, Anglo said diamond demand had improved toward the end of 2019, and that it expects to produce more diamonds in 2020 if this continues to be the case.



Write to Joe Wallace at [e-mail]



(END) Dow Jones Newswires

January 23, 2020 06:28 ET (11:28 GMT)

[waldron] 23/1/2020 08:15

Anglo American PLC (AAL.LN) said Thursday that copper-equivalent production rose 4% in the fourth quarter, which includes the benefits from the continued ramp-up of its iron-ore production at Minas-Rio in Brazil.

The diversified mining company said that, excluding the impact of Minas-Rio, however, group copper-equivalent production is down 1% in the period.

Minas-Rio produced 6.2 million tons of iron ore in the period, and Kumba iron ore production rose 16% to 11.8 million tons in the quarter.

Copper output dropped 13% in the period to 158,800 metric tons, compared with 183,500 tons in the prior-year period.

Looking ahead to 2020, the company said that full-year copper production remains unchanged at 620,000 tons and 670,000 tons.

Metallurgical coal production rose 11% to 6.3 million tons, the company said.

Rough diamond production from De Beers, Anglo American's majority-owned diamond producing subsidiary, fell by 15% in the quarter to 7.8 million total carats recovered, driven by lower production levels in South Africa and Botswana.

For 2020, the company retains its production guidance at 32 million carats and 34 million carats, but cautioned that this is subject to trading conditions.

Anglo American Platinum Ltd. (AMS.JO), another majority-owned subsidiary, said total platinum-group metal production--which includes platinum and palladium--was 1.2 million ounces, a 8.6% increase compared with the prior-year period.



Write to Adriano Marchese at [e-mail]



(END) Dow Jones Newswires

January 23, 2020 02:49 ET (07:49 GMT)

[waldron] 22/1/2020 17:17

Iron Ore 94.76USD -0.04(-0.04%)
Gold COMEX 1,555.70 -0.31%
Silver COMEX 17.80 -1.47%
Platinum NYMEX 1,019.70 +1.21%
Copper COMEX 2.77 -2.74%
Brent Crude Oil NYMEX 63.20 -2.15%
Gasoline NYMEX 1.60 -3.09%
Natural Gas NYMEX 1.91 +1.32%
WTI 56.86 USD -2.44%



Rio Tinto
4,603.5 -0.11%

Bhp
1,825.4 +0.51%

Anglo American
2,190 -0.45%

Glencore
235.1 -1.22%

[waldron] 21/1/2020 17:10

Iron Ore 94.80 USD -0.01(-0.01%)
Gold COMEX 1,560.60 +0.02%
Silver COMEX 18.07 -0.04%
Platinum NYMEX 1,009.90 -1.28%
Copper COMEX 2.85 +0.05%
Brent Crude Oil NYMEX 64.72 -0.71%
Gasoline NYMEX 1.66 +0.53%
Natural Gas NYMEX 1.90 -1.20%
WTI 58.39 USD -0.53%

Rio Tinto
4,608.5 -1.46%

Bhp
1,816.2 -1.36%

Anglo American
2,200 -1.81%

Glencore
238 -1.57%

[waldron] 20/1/2020 17:15

Iron Ore 94.15 USD -0.66(-0.70%)
Gold COMEX 1,560.90 +0.04%
Silver COMEX 18.07 -0.02%
Platinum NYMEX 1,024.50 -0.03%
Copper COMEX 2.84 -0.16%
Brent Crude Oil NYMEX 65.21 +0.56%
Gasoline NYMEX 1.66 +0.08%
Natural Gas NYMEX 1.92 -3.48%
WTI 58.77 USD -0.78%


Rio Tinto
4,677 +0.56%

Bhp
1,841.2 -0.56%

Anglo American
2,240.5 -0.22%

Glencore
241.8 -0.58%

[waldron] 17/1/2020 18:08

Iron Ore 94.81USD 0.26(0.27%)
Gold COMEX 1,560.10 +0.62%
Silver COMEX 18.08 +0.79%
Platinum NYMEX 1,024.10 +2.29%
Copper COMEX 2.84 -0.09%
Brent Crude Oil NYMEX 64.65 +0.05%
Gasoline NYMEX 1.65 -0.80%
Natural Gas NYMEX 1.99 -2.98%
(WTI) 58.49 USD -0.19%

Rio Tinto
4,651 +2.75%

Bhp
1,851.6 +2.30%

Anglo American
2,245.5 +3.22%

Glencore
243.2 +0.48%

[waldron] 10/1/2020 17:46

Iron Ore 93.56 USD -0.01(-0.01%)
Gold COMEX 1,560.70 +0.41%
Silver COMEX 18.15 +1.17%
Platinum NYMEX 986.20 +1.46%
Copper COMEX 2.81 +0.18%
Brent Crude Oil NYMEX 65.29 -0.12%
Gasoline NYMEX 1.68 +0.90%
Natural Gas NYMEX 2.17 +1.02%
(WTI) 59.2 USD -0.54%


Rio Tinto
4,488 +0.83%

Bhp
1,782 +0.61%

Anglo American
2,165 +0.98%

Glencore
240.2 +0.73%