Alerts in the last 24 hours

No Personalised Alerts!

To see personalised alerts you need to be logged in.

Log In

Anglo American PLC Add to portfolio

LON100:AAL, Jan 21, 04:49 UTC

Latest LON100:AAL News

Filter your feed

Apply Filter

Yesterday


News

Anglo American (NGLOY) and Its Rivals Head-To-Head Survey

AAL

Anglo American (NGLOY) and Its Rivals Head-To-Head Survey – Modern Readers. We will compare Anglo American to similar companies based on the strength of its earnings, valuation, analyst recommendations, institutional ownership, dividends, profitability and risk. Comparatively, Anglo American’s competitors have a beta of 1.89, meaning that their average stock price is 89% more volatile than the S&P 500. Anglo American is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Read Full Details

Topics:
  • Business
  • Financial

Friday, January 18


News

Global Iron Ore Mining Markets Report 2018-2022 Featuring Leading Players - Vale, Rio Tinto, Anglo American Plc, BHP Billiton & Fortescue Metals Group

AAL RIO +2 more AAL RIO RIO RIO

Globally, 2.2 billion tonnes (bnt) of iron ore was produced in 2017 - an increase of 3.2% compared to the previous year. Global production is expected to post a moderate forecast-period (2018-2022) compound annual growth rate (CAGR). In 2017, Australia, Brazil, South Africa, Canada and Ukraine were the top five exporters of iron ore, while China, Japan, South Korea, Germany, and the France were its top five importers. 3 Global Iron Ore Mining: Reserves, Production, Consumption, and Trade 3.1 Global Iron Ore Reserves by Country3.1.1 Australia3.1.2 Russia3.1.3 Brazil3.1.4 China3.2 Historical and Forecast Production3.2.1 Production by country3.2.2 Australia3.2.3 Brazil3.2.4 India3.3 Active Mines3.4 Exploration Projects3.5 Historical and Forecast Consumption3.6 Major Exporters and Importers3.7 Factors Affecting the Demand for Iron Ore3.7.1 Demand from China's steel industry3.7.2 Demand from India's steel industry.

Read Full Details

Topics:
  • Business
  • Financial
News

Peel Hunt Limited Maintained Antofagasta (LON:ANTO) As a "Add"; They Now Have a Price Target Of GBX 920.00

AAL ANTO

The target price by Peel Hunt Limited would suggest a potential upside of 7.63 % from the company’s previous close. Among 13 analysts covering Antofagasta PLC (LON:ANTO), 4 have Buy rating, 4 Sell and 5 Hold. Therefore 31% are positive. Antofagasta PLC had 34 analyst reports since July 25, 2018 according to SRatingsIntel. More notable recent Antofagasta plc (LON:ANTO) news were published by: Mining.com which released: “Codelco CEO to stay on after Chile’s new Gov’t reshuffles management – MINING.com” on April 02, 2018, also Mining.com with their article: “Antofagasta shares, half-year production hit by Los Pelambres pipeline blockage – MINING.com” published on May 08, 2018, Mining.com published: “Antofagasta’s Los Pelambres copper mine workers vote to strike – MINING.com” on March 09, 2018.

Read Full Details

Topics:
  • Business
  • Financial
News

High Court judge advises more mediation in Sean Quinn children's case over Anglo loans

AAL

Today, Mr Justice Michael Twomey issued his plea for mediation when dealing with trial management issues for the action against State-owned Irish Bank Resolution Corporation, Anglo’s successor in title after the bank collapsed and was nationalised in 2008. At the outset, he told the parties that, about 14 years ago, he made a pension-linked investment in a company linked to Anglo which was later written down to zero after the relevant property was sold.He believed he had also sought a quotation, about 25 years ago, for car insurance from Quinn Insurance. Bernard Dunleavy SC, instructed by Eversheds solicitors, representing the Quinns, said the nub of the case now was the validity of securities provided by the children concerning loans advanced by Anglo to Quinn companies.The issues had been considerably narrowed as a result of decisions of the High and Supreme Court, including a Supreme Court ruling the children could not advance claims that loans by Anglo, secured by the disputed share charges and guarantees, were unenforceable on grounds they amounted to unlawful lending in breach of market abuse regulations. Addressing further case management issues, Mr Dunleavy said at least 49 witnesses would be called, including Mr Drumm, and the case was listed for six months. While it would take "a long time", it may not be that long, he said.When the judge said he would strongly urge the sides to consider mediation, he was told that was previously attempted in 2015 but the sides would take instructions.

Read Full Details

Topics:
  • Business
  • Financial
  • US
News

David Drumm to give evidence in Quinn children’s action over €2.34bn Anglo loans

AAL

David Drumm to give evidence in Quinn children’s action over €2.34bn Anglo loans. High Court urges Quinn children to consider further mediation in action against IBRC. about 3 hours ago. Former chief executive is to give evidence in a case involving businessman Sean Quinn’s five adult children. Those costs are on top of costs of tens of millions already incurred in the family’s case and in the parallel litigation by the bank against members of the Quinn family and various companies in the Quinn international property group (IPG).

Read Full Details

Topics:
  • Business
  • Financial
  • US

Tuesday, January 15


Social Chatter

Anglo American PLC (LON100:AAL) social chatter is higher than usual

AAL
The Namibia Diamond Trading Company on Tuesday afternoon announced the appointment, effective 1 January 2019, of Brent Eiseb as CEO of the diamond trading company jointly owned by the Namibian government and De Beers. Photo: Shining Light Awards https://t.co/9fPwsx6cHR https://t.co/m7EaT3Zqpx
News

Anglo American begins quest to unearth next CEO

AAL

LONDON, Jan 15 (Reuters) - Anglo American (LSE: AAL.L - news) has promoted a section head it considers to have CEO potential, focusing its attention on internal talent as it begins searching for a successor to the man who steered the mining company through the 2015-16 commodities price slump. CEO Mark Cutifani has won plaudits for his stewardship since taking the helm in 2013, though his strategic ability has been questioned in some quarters despite Anglo shares climbing around 12 percent last year, outperforming London-listed peers including Glencore (Frankfurt: 8GC.F - news) and Rio Tinto (Hanover: CRA1.HA - news) . Analysts say that Cutifani deserves credit for driving efficiency but some remain critical of a decision to halt debt-reducing asset disposals, even though this helped the company to benefit from the upturn in prices for commodities such as iron ore and coal. Company sources say Cutifani is happy to stay beyond his 2020 mandate and that shareholders are not against the idea, but they added that newly promoted Duncan Wanblad is regarded as a potential successor.

Read Full Details

Topics:
  • Business
  • Financial

Saturday, January 12


News

Critical Review: Anglo American (NGLOY) versus Its Competitors

AAL

We will compare Anglo American to related businesses based on the strength of its institutional ownership, earnings, risk, profitability, dividends, valuation and analyst recommendations. Comparatively, Anglo American’s peers have a beta of 1.89, indicating that their average share price is 89% more volatile than the S&P 500. Insider & Institutional Ownership. Comparatively, 23.6% of shares of all “Metal mining” companies are held by institutional investors. Anglo American pays out 35.7% of its earnings in the form of a dividend. As a group, “Metal mining” companies pay a dividend yield of 3.9% and pay out 45.1% of their earnings in the form of a dividend.

Read Full Details

Topics:
  • Business
  • Financial

Thursday, January 10


News

Analysts at Barclays Capital Reconfirmed their Past ‘”Equal weight”’ rating on Shares Antofagasta PLC (LON:ANTO), Set a GBX 800.00 Price Objective – Thorold News

AAL ANTO

London: In a research report shared with investors and clients on Thursday morning, Barclays Capital maintained their “Equal weight” rating on Antofagasta PLC (LON:ANTO) shares. Barclays Capital’s target means a potential downside of -4.23 % from the company’s last stock close. Among 12 analysts covering Antofagasta PLC (LON:ANTO), 4 have Buy rating, 3 Sell and 5 Hold. Therefore 33% are positive. The stock decreased 2.15% or GBX 18.2 during the last trading session, reaching GBX 828.4.

Read Full Details

Topics:
  • Business
  • Financial
News

Anglo American betting on South America to grow base metal assets

AAL

RIO DE JANEIRO (Reuters) - Miner Anglo American Plc <AAL.L> is betting on South America as its main growth area for base metals in the coming years, a top executive told Reuters. Ruben Fernandes, who heads Anglo's operations in Brazil and is slated to become its global head of base metals next March, said he wants to prepare the company for an expected boom in demand related to electric cars that is likely to fuel appetite for nickel as well as copper. "Anglo is already strong in South Africa and Australia, so South America is an important geographical diversification," Fernandes said in an interview this week. Elsewhere in Brazil, Fernandes has resolved a major problem for Anglo American - an interruption after leaks of the Minas-Rio pipeline that channels iron ore slurry more than 500 km (310 miles) from Minas Gerais state to a Rio de Janeiro port.

Read Full Details

Topics:
  • Business
  • Financial
  • Science