Anglo American rough diamond sales value for De Beers’ eighth sales cycle of 2019

Anglo American (LON:AAL) announced today the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers’ eighth sales cycle of 2019, amounting to $295 million. Bruce Cleaver, CEO, De Beers Group, said: “As we approach what is traditionally a quieter time of year for the diamond industry during the Diwali holiday, we have again offered our …

Anglo American PLC De Beers rough diamond sales 7th cycle of 2019

Anglo American plc (LON:AAL) today announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers’ seventh sales cycle of 2019, amounting to $280 million. Bruce Cleaver, CEO, De Beers Group, said: “With midstream participants continuing to work down polished diamond inventory levels and reduced levels of manufacturing in the key cutting centres, De Beers …

Anglo American PLC Share buyback update

Anglo American plc (LON: AAL) announced today that it has purchased the following number of its ordinary shares of US$0.54945 each on Exchange (as defined in the Rules of the London Stock Exchange) from Morgan Stanley & Co International plc as part of its buyback programme announced on 25 July 2019. Date of purchase: 13 August 2019 Number of ordinary …

Anglo American plc Share Buyback

Anglo American plc (LON: AAL) announced today that it has purchased the following number of its ordinary shares of US$0.54945 each on Exchange from Morgan Stanley & Co International plc as part of its buyback programme announced on 25 July 2019. Anglo American will cancel the purchased shares. Full details of the transactions, in aggregated and detailed form, are available …

Anglo American rough diamond sales value for De Beers’ sixth sales cycle of 2019

Anglo American plc (LON: AAL) announced today the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers’ sixth sales cycle of 2019, amounting to $250 million. Bruce Cleaver, CEO, De Beers Group, said: “With ongoing macroeconomic uncertainty, retailers managing inventory levels, and polished diamond inventories in the midstream continuing to be higher than normal, De …

Anglo American plc approves Aquila hard coking coal project in Australia

Anglo American plc (LON:AAL) today announced the approval by its Board of the Aquila project to extend the life of the Capcoal underground (Grasstree mine) hard coking coal operations in Queensland, Australia by six years, to 2028 (“the Project”). With an expected attributable capital cost of US$226 million, development work is expected to begin in September 2019, with first longwall …

Anglo American PLC Kumba Iron Ore interim results 2019

Anglo American plc (LON:AAL) today noted the announcement of Kumba Iron Ore Limited’s 2019 interim results for the half year ended 30 June 2019, released this morning to the Johannesburg Stock Exchange and available via www.angloamericankumba.com/financial-results. KEY FEATURESKUMBA’S VALUE OVER VOLUME STRATEGY PAYS DIVIDENDS Delivering exceptional shareholder returns Headline earnings increased by 239% to R10.1 billion Strong balance sheet with net cash up R7.1 billion to R18.8 billion Interim …

Anglo American plc

Anglo American PLC De Beers rough diamond sales cycle 5, 2019

Anglo American plc (LON:AAL) today announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers’ fifth sales cycle of 2019, amounting to $390 million. Bruce Cleaver, CEO, De Beers Group, said: “While overall retail sentiment for diamond jewellery in the US remains solid, a more challenging environment in China and higher than normal polished …

Anglo American plc

Anglo American plc AGM addresses to shareholders

Anglo American plc (LON:AAL) held its Annual General Meeting for shareholders in London today. The following remarks were made by the Chairman and the Chief Executive. Stuart Chambers, Chairman of Anglo American plc, made the following remarks: Good afternoon ladies and gentlemen and welcome to Anglo American’s 2019 Annual General Meeting. Notice of the meeting was sent to shareholders on …