Anglo American Share Discussion Threads

[philanderer] 27/10/2022 09:52

That report has not gone down well.

[hopefuldave] 23/10/2022 08:54

I’ve decided not to worry anymore about the share price.i bought in at ranges from 35-40.I’m happy to except the long term dividend payments.peace of mind .great!.It’s the same with Coca Cola, they lost all that Russian business, but the dividends are still good .

[daisylove] 13/10/2022 10:52

Very tempted - but I am dead sure it'll retrace to 2500 or below if I do. Always puzzled why funds tend to avoid mining. If the fund managers were as smart as they think they are then they'd trade them tactically. Or can't they do that?

[tuftymatt] 13/10/2022 10:21

A 3400 average from the above 3 = good upside from here.
6% from the worst BOA and I think circa 3000 isn't too far off again.

[philanderer] 13/10/2022 10:14

Goldman Sachs raises Anglo American price target to 4,000 (3,700) pence - 'buy'

Bank of America cuts Anglo American price target to 2,800 (2,900) pence - 'neutral'

[philanderer] 11/10/2022 09:19

Credit Suisse raises Anglo American target to 3,440 (3,290) pence - 'outperform'

[philanderer] 05/10/2022 12:48

Deutsche Bank cuts Anglo American target to 3,400 (3,500) pence - 'hold'

[adrian j boris] 26/9/2022 07:34

Anglo American PLC said Monday that it has started commercial copper operations at its Quellaveco project in Peru, and narrowed 2022 guidance for copper from Chile.

The mining company said it expects the site, of which it owns 60%, to produce more than 300,000 metric tons a year of copper equivalent volume on average over its first 10 years. The mine alone is expected to lift the company's total global output by 10% in copper equivalent terms and take its total copper production close to 1 million tons a year.

Quellaveco is expected to ramp up fully over the next nine to 12 months, and following a commissioning and testing period and final regulatory clearance, the company has lowered 2022 copper guidance for the site to 80,000 to 100,000 tons from 100,000 to 150,000 tons. Guidance for Quellaveco for 2023 and 2024 remain unchanged.

The company also narrowed copper guidance for Chile to 560,000-580,000 tons from previous guidance of 560,000-600,000 tons, due to lower throughput at its Los Bronces operations. Unit cost guidance has been raised to 160 cents a pound, from 150 cents, reflecting lower volumes and inflation, the company said.



Write to Joe Hoppe at [e-mail]



(END) Dow Jones Newswires

September 26, 2022 02:32 ET (06:32 GMT)

[tuftymatt] 13/9/2022 13:16

Yeah a bad print number when compared to what was muted.
FED now will go .75 next week so markets fall. Many had it at .75 anyway so the question now is what will November bring from them??

[foxy22] 13/9/2022 13:16

Blimey certainly did

[casket1] 13/9/2022 13:04

Wow, fell off a cliff at 1.30 after the US data

[tuftymatt] 09/9/2022 08:13

Wow that's a great recovery to the 3000 level. Thought it would take longer but good to know there is solid support around 2700.

[philanderer] 07/9/2022 11:21

Credit Suisse cuts Anglo American price target to 3,290 (3,680) pence - 'outperform'

[kreature] 04/9/2022 15:34

I reckon everyone posting here is a robot, apart from me.
You completely ignore something that doesn’t make sense

[kreature] 04/9/2022 09:06

Oh what a surprise, the polyhalite rubble is still safely sealed 1500 meters underground. When will commuters and tourists get to use a mineral transport train line to Teeside ?

RNS 28 July 2022
‘ . We continue to progress the infrastructure at the production shaft in advance of shaft sinking activities getting under way, with the shaft boring road header now assembled in the shaft.’

[tuftymatt] 02/9/2022 07:30

Welcome aboard again wad. I think it's a good place to be having got in recently too.
Need to see some sort of stability in the markets / economy but in the mean time the divi will help and north of 3000 will come back soon enough.

[cheshire pete] 01/9/2022 21:24

Welcome back wad collector. Have been on board since Feb.'16. Been a good journey, long may it continue.

[wad collector] 01/9/2022 21:03

Just got back in here after an 8 yr absence , sold at £14! Our broker wanted to switch out of RTZ so sold a lump , though not sure it is a great move myself. We will see.

[la forge] 31/8/2022 07:18

Anglo American PLC said Wednesday that rough-diamond sales by its majority-owned De Beers Group slipped 1.3% in 2022's seventh sales cycle compared with the previous cycle.

The FTSE 100 diversified mining company said De Beers sold $630 million of diamonds in the seventh sales cycle of the year, compared with $638 million in the sixth cycle and $522 million in the seventh cycle of 2021. There are 10 sales cycles each year.

"In line with normal seasonal trends, we anticipate that sales in the next few cycles will be affected by the temporary closure of polishing factories for the Diwali holidays," De Beers Group Chief Executive Bruce Cleaver said.

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 world. The figures are based on expected sales between Aug. 15 and Aug. 30.



Write to Ian Walker at [e-mail]



(END) Dow Jones Newswires

August 31, 2022 02:56 ET (06:56 GMT)

[tuftymatt] 21/8/2022 07:38

Great write up and I agree that the downside is priced in based on the 6 week drop earlier this summer. Copper too, regarding the demand for it in the coming years, is also one of the reasons behind my positive long term outlook for miners.
Yes it could drift further if markets fall but outside of that it should prove a solid long term hold 👍🏻

[philanderer] 21/8/2022 07:26

This miner is dirt cheap and has a growing dividend – investors are mad to ignore it

Questor share tip: modest debts and potential to benefit from global net zero ambitions have not been priced in by investors

[tuftymatt] 20/8/2022 13:09

I always buy more on dips so would be happy too if we came off some more.
I think it's possible based on China and also the mini wobble in the US right now.
GLAH