Anglo American Share Discussion Threads

[foxy22] 19/8/2021 08:16

Ex dividend coupled with iron ore drop of 7%And China regulatory effort.....

[capitalist] 19/8/2021 08:15

I guess it is to do with the threat from the Chinese reopening the Afghan Copper mmine. AAL copper sales were 23% of their business in 2020 I believe. But then again, what do I know?

[vas007] 19/8/2021 08:11

What's going on?

[foxy22] 19/8/2021 08:08

My god.....!!!

[waldron] 18/8/2021 21:00

WHAT AFFECT ON OTHER FTSE100 SHARES


FTSE 100 to Lose Second-Biggest Name as BHP Goes Home

By Harry Brumpton
and Thomas Biesheuvel

17 août 2021, 08:42 UTC+2 Updated on 18 août 2021, 02:03 UTC+2

Biggest miner plans to change to primary listing in Australia

Dual listing started in 2001 following Billiton merger



The U.K.’s blue-chip FTSE 100 Index will lose its second-biggest stock by market value and the world’s largest mining company, after BHP Group announced plans to simplify its listing structure.

BHP will move to a primary listing in Australia after collapsing a dual arrangement that dates back to the company’s creation 20 years ago when Australia’s BHP Ltd. merged with rival Billiton. The change, one of several announced Tuesday that also included a plan to exit the oil and gas business, means BHP can be more nimble in pursuing deals, Chief Executive Officer Mike Henry told reporters.

However, the deletion from the FTSE 100 will also prompt asset managers and exchange-traded funds which track the benchmark to sell their holdings in BHP. And the loss will be a blow to the index -- the London Stock Exchange is seeking to attract new listings as the U.K. maps its future outside the European Union. It still includes several of the world’s other huge mining companies though, including No. 2 Rio Tinto Group, another dual-listed stock.

“Clearly it’s a big blow losing such a heavyweight,” Neil Wilson, chief market analyst at Markets.com, said in an email. “But it will help balance the FTSE 100 a bit more with less leaning on basic resources. Bit less mining, bit more room for up-and-coming tech is surely not a terrible thing,” he said, adding that ultimately BHP is an Australian company at heart and should be listed there.

BHP declined as much as 6.9% as of 10:02 a.m. in Sydney trading Wednesday, as the flagship S&P/ASX 200 index fell 0.4%. The producer rose 3.4% in London trading Tuesday.WHAT AFFECT ON OTHER FTSE100 SHARES


FTSE 100 to Lose Second-Biggest Name as BHP Goes Home

By Harry Brumpton
and Thomas Biesheuvel

17 août 2021, 08:42 UTC+2 Updated on 18 août 2021, 02:03 UTC+2

Biggest miner plans to change to primary listing in Australia

Dual listing started in 2001 following Billiton merger



The U.K.’s blue-chip FTSE 100 Index will lose its second-biggest stock by market value and the world’s largest mining company, after BHP Group announced plans to simplify its listing structure.

BHP will move to a primary listing in Australia after collapsing a dual arrangement that dates back to the company’s creation 20 years ago when Australia’s BHP Ltd. merged with rival Billiton. The change, one of several announced Tuesday that also included a plan to exit the oil and gas business, means BHP can be more nimble in pursuing deals, Chief Executive Officer Mike Henry told reporters.

However, the deletion from the FTSE 100 will also prompt asset managers and exchange-traded funds which track the benchmark to sell their holdings in BHP. And the loss will be a blow to the index -- the London Stock Exchange is seeking to attract new listings as the U.K. maps its future outside the European Union. It still includes several of the world’s other huge mining companies though, including No. 2 Rio Tinto Group, another dual-listed stock.

“Clearly it’s a big blow losing such a heavyweight,” Neil Wilson, chief market analyst at Markets.com, said in an email. “But it will help balance the FTSE 100 a bit more with less leaning on basic resources. Bit less mining, bit more room for up-and-coming tech is surely not a terrible thing,” he said, adding that ultimately BHP is an Australian company at heart and should be listed there.

BHP declined as much as 6.9% as of 10:02 a.m. in Sydney trading Wednesday, as the flagship S&P/ASX 200 index fell 0.4%. The producer rose 3.4% in London trading Tuesday.

[waldron] 18/8/2021 20:06

China plans to reopen copper mine in Afghanistan
Beijing seeks closer ties with the Taliban
Didi Tang, Beijing
Wednesday August 18 2021, 12.00pm BST, The Times

MATTHEW C RAINS/ALAMY

A Chinese consortium awarded the contract to develop the world’s second-largest copper mine in Afghanistan is planning to return after years of delay as Beijing seeks closer ties with the Taliban.

“We would consider reopening it after the situation is stabilised and international recognition, including the Chinese government’s recognition of the Taliban regime, take place,” an unnamed source at the state-owned China Metallurgical Group Corp (MCC Group) told the Global Times, a party-run newspaper.


The group, along with another Chinese company, Jiangxi Copper, were awarded a 30-year contract worth $2.9 billion in 2008 to extract, smelt and process raw copper at the Mes Aynak copper mine, believed to the world’s second-largest with an estimated deposit of 5.5 million metric tonnes of high-quality copper ore.

[philanderer] 18/8/2021 14:28

Big xd tomorrow morning.

$2.51 / share ( $1.71 + $0.80 'special')

[maywillow] 04/8/2021 11:02

Anglo American PLC said Wednesday that it is partnering with Salzgitter AG to decarbonize the steelmaking industry.

The mining company has signed a memorandum of understanding with Salzgitter Flachstahl, the largest steel manufacturer subsidiary of Salzgitter, to explore ways to reduce carbon emissions in the industry.

They intend to conduct research into feed materials, including iron ore pellets and lump iron ores, suitable for use in direct reduction steelmaking based on natural gas and hydrogen. This is a significantly less carbon-intensive method than the conventionally used blast furnace process, Anglo American said.

Anglo American has a target to achieve carbon neutrality across its operations by 2040.



Write to Jaime Llinares Taboada at [e-mail]; @JaimeLlinaresT



(END) Dow Jones Newswires

August 04, 2021 03:30 ET (07:30 GMT)

[foxy22] 03/8/2021 13:51

Royal bank of canada

[philanderer] 02/8/2021 11:19

Deutsche. Buy. Tp 3700p

Goldmans. Buy. Tp 4300p

JP Morgan. Neutral. 3200p

[philanderer] 29/7/2021 10:17

Stellar :-)

[foxy22] 29/7/2021 09:31

Certainly are!!!

[foxy22] 29/7/2021 09:30

Like the resultsAnd special dividend...

[waldron] 29/7/2021 08:58

Shares in Anglo American PLC rose Thursday morning after it reported a significantly higher profit for the first half of the year, and said it will return $4.1 billion to shareholders via dividends and share buybacks.

The FTSE 100 mining company made a net profit of $5.19 billion for the six months to June, up from $471 million a year earlier when the Covid-19 pandemic caused a decrease in production.

Underlying earnings before interest, taxes, depreciation and amortization jumped to $12.14 billion from $3.35 billion, reflecting significantly higher commodity prices. The metric came well above the market consensus of $10.88 billion--taken from Vuma and based on 12 analysts' estimates.

"The first six months of 2021 have seen strong demand and prices for many of our products as economies begin to recoup lost ground, spurred by stimulus measures across the major economies," Chief Executive Mark Cutifani said.

Stronger commodity prices contributed $7.9 billion to the total $8.8 billion underlying Ebitda increase, the company said.

Anglo American said it would pay an interim dividend of $1.71 a share and make $2.0 billion of additional returns, including $1.0 billion via a special dividend and $1.0 billion via share buybacks.

The buyback program will start immediately and end no later than Feb. 14, 2022. The special dividend is equivalent to $0.80 a share.

"We entered this period of strong demand and prices for many of our products with a strong balance sheet and we are therefore in a position to deliver both the investment in our sequence of margin-enhancing growth projects and also return excess cash to our shareholders," Mr. Cutifani said.

Shares at 0710 GMT were up 4.4% at 3,263 pence.



Write to Jaime Llinares Taboada at [e-mail]; @JaimeLlinaresT



(END) Dow Jones Newswires

July 29, 2021 03:33 ET (07:33 GMT)

[waldron] 29/7/2021 08:55

Shares in Anglo American PLC rose Thursday morning after it reported a significantly higher profit for the first half of the year, and said it will return $4.1 billion to shareholders via dividends and share buybacks.

The FTSE 100 mining company made a net profit of $5.19 billion for the six months to June, up from $471 million a year earlier when the Covid-19 pandemic caused a decrease in production.

Underlying earnings before interest, taxes, depreciation and amortization jumped to $12.14 billion from $3.35 billion, reflecting significantly higher commodity prices. The metric came well above the market consensus of $10.88 billion--taken from Vuma and based on 12 analysts' estimates.

"The first six months of 2021 have seen strong demand and prices for many of our products as economies begin to recoup lost ground, spurred by stimulus measures across the major economies," Chief Executive Mark Cutifani said.

Stronger commodity prices contributed $7.9 billion to the total $8.8 billion underlying Ebitda increase, the company said.

Anglo American said it would pay an interim dividend of $1.71 a share and make $2.0 billion of additional returns, including $1.0 billion via a special dividend and $1.0 billion via share buybacks.

The buyback program will start immediately and end no later than Feb. 14, 2022. The special dividend is equivalent to $0.80 a share.

"We entered this period of strong demand and prices for many of our products with a strong balance sheet and we are therefore in a position to deliver both the investment in our sequence of margin-enhancing growth projects and also return excess cash to our shareholders," Mr. Cutifani said.

Shares at 0710 GMT were up 4.4% at 3,263 pence.



Write to Jaime Llinares Taboada at [e-mail]; @JaimeLlinaresT



(END) Dow Jones Newswires

July 29, 2021 03:33 ET (07:33 GMT)

[clinton baptiste] 28/7/2021 16:28

Results tomorrow should be outstanding

[waldron] 28/7/2021 08:33

Anglo American PLC said Wednesday that rough-diamond sales by its majority-owned De Beers Group were 6.9% higher in the sixth sales cycle of 2021 compared with the previous cycle, as it benefited from strong demand in the U.S. and China.

The diversified mining company said that the outlook remains positive for the second half of the year, based on the strength of diamond jewelry sales, subject to continued coronavirus-related impacts.

De Beers sold $510 million of diamonds in the sixth cycle of the year compared with $477 million in the fifth and $116 million for the sixth cycle last year. There are 10 sales cycles each year.

Anglo American said sales are provisional figures due to a change in the company's approach to diamond sales because of pandemic-related movement restrictions around the globe. The figures are based on expected sales between July 12 and July 27.



Write to Ian Walker at [e-mail]



(END) Dow Jones Newswires

July 28, 2021 03:08 ET (07:08 GMT)

[waldron] 27/7/2021 09:00

Turvart
27 Jul '21 - 07:04 - 5130 of 5131
0 0 0



2021 Interim Results

We are presenting our 2021 Interim results today at 11:00 (CAT).

All the relevant documents can be viewed further down on this page. These includes the Interim booklet, press release and other relevant documentation.
Key features

CONTINUING TO DELIVER SHAREHOLDER VALUE

Attributable free cash flow of R31.5 billion
ROCE of 225%
Interim cash dividend of R72.70 per share

SAFETY AND SUSTAINABILITY IS INTEGRAL TO OUR BUSINESS

Over 5 years of fatal-free production
R51 billion of shared value created in H1 2021
R12 million in additional WeCare Covid-19 community support
Zero occupational diseases
Over six years without any level 3-5 environmental incidents

MAXIMISING RETURNS AND POSITIONING FOR THE FUTURE

Average realised FOB export price of US$216/wmt, 32% above benchmark
Robust EBITDA margin of 70%
Closing net cash of R40.7 billion
Cost savings of R370 million

[philanderer] 26/7/2021 11:49

RBC CUTS ANGLO AMERICAN PRICE TARGET TO 3,300 (3,400) PENCE - 'SECTOR PERFORM'

[grupo guitarlumber] 26/7/2021 08:59

markets down and miners up


Rio Tinto
6,019 +1.57%


Bhp
2,277.5 +0.86%



Anglo American
2,999 +1.18%


Glencore
317.95 +0.70%

[the grumpy old men] 24/7/2021 19:25

sundial1
24 Jul '21 - 17:23 - 5105 of 5105
0 0 0
it will be good for share price next week. normally price drops end of the month. quick one Turvart ,you said Rio best out of the three on par.