Anglo American Share Discussion Threads

[tempted] 04/11/2022 14:57

Crickey...even for a miner a nice 13 percent move, then that realisation you should have bought a lot more, with cash sat in rate leading 2.75%. Good luck holders , looking to hold long term with Glen and Rio

[waldron] 04/11/2022 14:51

WOW up nearly 12pc

[foxy22] 04/11/2022 13:12

Thanks for all your replies...can see u all watching these miners avidly...delighted that Aal is recovering...thought it was dead in the water...some life yet!!!10 per cent up not bad...yes it may hit 30 this week!

[mayers] 04/11/2022 13:04

Not as much as GLEN slipped up tuftymatt!

[philanderer] 04/11/2022 11:13

Yes, China and hope for covid restrictions easing.

Bloomberg.

[yossarian1975] 04/11/2022 11:11

Mainly hopes that China may relax covid restrictions I think. It shows the value in this company. Still undervalued relative to other miners imo. Stocks generally seem to be looking for a reason to move higher. China opening up, softening inflation, interest rates peaking, the Fed pivoting to rate cuts at some point next year. More reasons to be bullish than bearish, and AAL looks well placed to benefit when sentiment turns

[tuftymatt] 04/11/2022 11:08

Good to see this doing well and with a chance to run at £30
RIO pushing £50 too and ANTO doing well = a good day for me.

I slipped up with GLEN but hey you can't win them all 👍🏻

[squintyflinty1] 04/11/2022 10:55

Almost trading this on a daily basis. Wild fluctuations .Sold into the spike today . We'll see what happens on Monday.If it drops by a £1 ,I'll accumulate.

[casket1] 04/11/2022 09:27

Would be nice to see this back over £30 this month...

[tempted] 04/11/2022 09:12

Platinum heading back to highs and sentiment?

[foxy22] 04/11/2022 09:06

UnbelievableRise today...China effect...or just short squeeze?

[philanderer] 27/10/2022 10:52

That report has not gone down well.

[hopefuldave] 23/10/2022 09:54

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 11:52

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 11:21

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 11:14

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 10:19

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

[philanderer] 05/10/2022 13:48

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

[adrian j boris] 26/9/2022 08:34

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 14:16

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 14:16

Blimey certainly did

[casket1] 13/9/2022 14:04

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