Anglo American PLC

Anglo American Plc is a mining company, which engages in the exploration and mining of precious base metals and ferrous metals. The company operates through the following segments: De Beers, Copper, Platinum Group Metals, Iron Ore, Coal, Nickel and Manganese, and Corporate and Other. The company was founded by Ernest Oppenheimer in 1917 and is headquartered in London, the United Kingdom.

(Kitco News) - On Wednesday, Anglo American announced that the provisional value of rough diamond sales for De Beers' second sales cycle of 2023 amounted to $495 million, lower than the second sales cycle of 2022 ($652 million) and higher than the previous cycle ($454 million).

Anglo American sees ‘some positive trends' in diamond jewellery demand at the start of 2023

Anglo American PLC (LSE:AAL)'s adventures in the North York National Park could be the definition of a company digging itself into a hole – both figuratively and literally. Anglo is the owner of the Woodsmith Mine, just south and inland from the picturesque holiday resort of Whitby.

Anglo American: Bank asks whether $6bn Woodsmith mine is an error or extraordinary?

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Mining companies facing a tricky juggling act in 2023 as price rises tail off while costs continue to rise. That's the view of US bank Citigroup after reviewing the latest results and updates from the big mining sector.

Glencore and Anglo American best placed miners after latest results - Citi

Anglo American plc (OTCQX:AAUKF) Q4 2022 Earnings Conference Call February 23, 2023 4:00 AM ET Company Participants Stuart Chambers - Chairman Duncan Wanblad - Chief Executive Officer Stephen Pearce - Chief Financial Officer Matt Daley - Technical Director Paul Galloway - Head of Investor Relations Conference Call Participants Jason Fairclough - Bank of America Merrill Lynch Danielle Chigumira - Credit Suisse Sylvain Brunet - BNP Paribas Exane Ian Rossouw - Barclays Alain Gabriel - Morgan Stanley Richard Hatch - Berenberg Myles Allsop - UBS Liam Fitzpatrick - Deutsche Bank Tyler Broda - RBC Dominic O'Kane - J.P. Morgan Stuart Chambers So warm welcome to everybody, and good morning.

Anglo American plc (AAUKF) Q4 2022 Earnings Call Transcript

(Kitco News) - Global mining group Anglo American announced today it has agreed to acquire a 9.9% minority interest in Canada Nickel Company (TSXV: CNC), which owns the Crawford nickel project in Ontario, Canada.

Anglo American invests in Canada Nickel, owner of the Crawford nickel project

Anglo American PLC (LSE:AAL) has agreed to acquire a 9.9% minority interest in Canada Nickel Company Inc, which owns the Crawford nickel project in Ontario, Canada. The FTSE 100-listed miner said it will also provide technology expertise to the Crawford project and has the exclusive right to purchase up to 10% of recoveries of nickel concentrate, iron and chromium contained in the magnetite concentrates and any corresponding carbon credits from the Crawford project.

Anglo American PLC agrees to acquire minority interest in owner of the Crawford nickel project in Ontario

Production was in line, while operational risks are increasing. Our investment thesis on copper is nicely playing out.

Anglo American: Balanced Approach To Earnings Diversification

(Kitco News) - On Wednesday, Anglo American announced that the provisional value of rough diamond sales for De Beers' first sales cycle of 2023 amounted to $450 million, lower than the first sales cycle of 2022 ($660 million) and higher than the previous cycle ($417 million).

Anglo American expresses 'cautious' optimism for diamond demand growth during 2023

Anglo American (NGLOY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

What Makes Anglo American (NGLOY) a New Buy Stock

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Nickel spot prices were significantly higher the last month and the LME inventory was higher. Nickel market news - BMI: You can build the cathode/battery/EV plants; but if you don't have the raw materials, they're just expensive weights on your balance sheet.

Nickel Miners News For The Month Of December 2022

Anglo American cut production and capex guidance numbers at this year's capital markets day. The cuts were largely in line with the industry, signaling more supply tightness ahead.

Anglo American: Compelling Valuation Case Despite Latest Guidance Reset

(Kitco News) - Anglo American said today it expects to produce less copper than forecast due to lower grades.

Anglo American lowers copper prod'n outlook on lower grades

(Kitco News) - Global mining group Anglo American (LSE: AAL) announced Thursday that it has signed a memorandum of understanding with Aurubis to develop a copper product offering that responds to increasing expectations for future-enabling metals that are sustainably sourced and supplied.

Anglo American, Aurubis collaborate on sustainable copper value chain

(Kitco News) - Global mining group Anglo American announced today it has secured desalinated water supply for its Los Bronces copper mine in Chile from 2025, meeting almost half of the mine's water requirements.

Anglo American secures desalinated water supply for Los Bronces copper mine in Chile

(Kitco News) - The company noted a quieter time for the diamond midstream ahead of polishing factories reopening in India following the Diwali holidays.

Anglo American sees ‘good' diamond demand in ninth sales cycle of 2022

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Anglo American's De Beers has appointed oil and energy industry executive Al Cook as its new chief to replace Bruce Cleaver, who steps down after eight years at the helm of the world's top diamond producer.

Top diamond producer De Beers names Equinor's Cook as new CEO

Anglo American PLC (LSE:AAL) unveiled that the value of rough diamond sales for De Beers' eighth cycle of 2022 climbed 2% higher year-on-year. Between 19 September and 4 October, the premium metals producer said it expects diamond sales to amount to US$500mln and remains subject to adjustment based on final completed revenues.

Anglo American says De Beers' eighth cycle rough diamond sales rise 2%

(Kitco News) - The company anticipates that diamond sales in the next few cycles will be affected by the temporary closure of polishing factories for the Diwali holidays.

Anglo American sees steady diamond demand in seventh sales cycle of 2022

Anglo American plc (OTCQX:AAUKF) Q2 2022 Earnings Conference Call July 28, 2022 4:00 AM ET Company Participants Stuart Chambers - Chairman Duncan Wanblad - Chief Executive Stephen Pearce - Chief Financial Officer Conference Call Participants Ian Rossouw - Barclays Bob Brackett - Bernstein Sylvain Brunet - BNP Paribas Exane Richard Hatch - Berenberg Myles Allsop - UBS Patrick Mann - Bank of America Danielle Chigumira - Credit Suisse Alain Gabriel - Morgan Stanley Dominic O'Kane - JPMorgan Liam Fitzpatrick - Deutsche Bank Stuart Chambers Okay. Good morning, everyone and a warm welcome to Anglo American's 2022 Half Year Results.

Anglo American plc (AAUKF) CEO Duncan Wanblad on Q2 2022 Results - Earnings Call Transcript

(Kitco News) - Anglo American (LSE: AAL) reported today that for the six months ended 30 June 2022 (H1 2022), its copper production was 273,400 tonnes or 17% lower than the prior period (H1 2021: 330,000 tonnes), due to planned lower grades at Los Bronces and Collahuasi.

Anglo American says cost inflation, lower production and metal prices impacted its financial results in H1 2022

(Kitco News) - On Monday, global miner Anglo American announced that the provisional value of rough diamond sales for De Beers' sixth sales cycle of 2022 amounted to $630 million, higher than the sixth sales cycle of 2021 ($514 million) and lower than the previous cycle ($657 million).

Anglo American sees ‘steady' diamond demand in sixth sales cycle, warns of risks to consumer sentiment

(Kitco News) - Anglo American, a leading global mining company, reported Thursday that its Q2 2022 copper production decreased by 21% y-o-y to 134 ktonnes due to planned lower grades and water availability.

Anglo American says its copper production down 21% in Q2 due to lower grades and water shortages

(Kitco News) - Adolfo Heeren, CEO of Anglo American in Peru, said production will increase Peru's copper output by 10%.

Anglo American announces first copper production from Quellaveco project in peru

Anglo American PLC (LSE:AAL)'s De Beers Group sold US$650mln of rough diamonds in its fifth sales cycle of 2022 and said diamond jewellery demand continues to perform well in the key US market. “The continued strength of US demand for diamond jewellery and the gradual reopening of retail outlets in China following Covid-19-related lockdowns have supported the sales momentum of De Beers Group's rough diamonds in the fifth sales cycle of the year,” said De Beers chief executive Bruce Cleaver.

News for Anglo American PLC Stock (NGLOY)