Anglo American Platinum appoints Natascha Viljoen as CEO

FTSE News FTSE 100

Anglo American plc (LON:AAL) today noted the announcement by Anglo American Platinum Limited released this morning to the Johannesburg stock exchange. The text of the announcement is copied below: The Board of Anglo American Platinum Limited announces the appointment of Natascha Viljoen as CEO, with effect from 16 April 2020, following Chris Griffith’s decision to step down after more than …

Mine

Rio Tinto continues to progress Oyu Tolgoi power options

FTSE News FTSE 100

Rio Tinto PLC (LON:RIO) today confirmed it continues to progress options to secure domestically sourced power for the Oyu Tolgoi copper mine in Mongolia, which it is obliged to do by 30 June 2023 under the 2009 Investment Agreement (IA) between Turquoise Hill, the Government of Mongolia and Rio Tinto and subsequent Power Sector Framework Agreement, signed in 2018. In …

Glencore project a 30% reduction in emissions by 2035

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In February 2019, Glencore plc (LON:GLEN) published its climate change position statement, “Furthering our commitment to the transition to a low-carbon economy”, which is available on our website. Today we update our performance against our position statement and for the first time disclose a Scope 3 emissions projection for our business. Key highlights include: ·      Paris-consistent strategy/capital discipline ·      We project a c.30% …

BHP Group see enormous potential to reliably deliver exceptional financial and operational performance

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BHP Group (LON:BHP) today announced its results for the half year ended 31 December 2019. Safety and sustainability: Safety is our top priority and social value underpins everything we do · There were no fatalities at our operated sites over the last 12 months. · Social value is an essential precondition to shareholder value – new agreements for Escondida and Spence to …

HSBC outlining a revised plan to increase returns for investors

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HSBC Holdings plc (LON:HSBA) has today announced its 2019 Annual Results. 2019 financial performance (vs 2018) •    Reported profit attributable to ordinary shareholders down 53% to $6.0bn, materially impacted by a goodwill impairment of $7.3bn. Reported profit before tax down 33% to $13.3bn. Reported revenue up 4% and reported operating expenses up 22% due to a goodwill impairment of $7.3bn. …

Printing paper

Mondi CFO Andrew King to be appointed as CEO

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Mondi plc (LON:MNDI) today announced that Andrew King, Group Chief Financial Officer and a director of Mondi plc, will be appointed as Group Chief Executive Officer with effect from 1 April 2020. Andrew will succeed Peter Oswald who, as announced on 10 January 2020, will be stepping down as CEO and leaving Mondi plc on 31 March 2020. Commenting, Andrew …

Platinum mining

Anglo American Platinum CEO to step down

FTSE News FTSE 100

Anglo American plc (LON:AAL) today noted the announcement by Anglo American Platinum Limited released this morning to the Johannesburg stock exchange. The text of the announcement is copied below: The Board of Anglo American Platinum Limited today announced that Chris Griffith has informed the Board of his intention to step down as Chief Executive Officer and as an executive director …

Persimmon appoint Joanna Place as Independent Non-Executive Director

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Persimmon Plc (LON:PSN) today announced the appointment of Joanna Place to the Board as an Independent Non-Executive Director with effect from 1 April 2020. Joanna will also join the Company’s Remuneration and Nomination Committees on the same date.  She will also Chair the Corporate Responsibility Committee.   Since July 2017 Jo has been the Chief Operating Officer of the Bank …

NMC Health announces multiple Board resignations

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NMC Health plc (LON:NMC) today announced that Dr. B.R. Shetty has resigned as a director and Joint Non-Executive Chairman of the Company with immediate effect on 16 February 2020. The company also announced that Mr Hani Buttikhi has resigned as a director and Chief Investment Officer with immediate effect on 16 February 2020. NMC Health also announced that Mr Abdulrahman Basaddiq has …

Pharma

AstraZeneca deliver strong revenue growth

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AstraZeneca plc (LON:AZN) has today announced its full year and Q4 2019 results. AstraZeneca delivered a year of strong revenue growth, supported by the launch of new medicines1 and further good progress on its pipeline, with several approvals and data readouts. These trends are set to continue in 2020, accompanied by growth in earnings and cash. In maintaining its focus on …