Anglo American : AAL

News

• 28 Feb 2017 5 min read

  Law Debenture says tax changes will hit its distributable income

  Law Debenture says its net asset value total return for the year to 31 December 2016 was up 16.9%, compared to a total return of 16.8% for the UK market. Revenue return per share was 18.56p (excluding group charges of 2.60p), an increase of 2.5% over the previous year, as a result of a 1.2% […]

• 30 Aug 2016 1 min read

  Anglo American sells Foxleigh metcoal mine

  Anglo American plc has completed the sale of its 70% interest in the Foxleigh metallurgical coal mine in Queensland, Australia to a consortium led by Taurus Fund Management. The parties have not disclosed the terms of the sale. Foxleigh is an open cut coal operation which produces high quality pulverised coal injection (PCI) coal, located […]

• 29 Jul 2016 2 min read

  Law Debenture swaps Henderson OEICs for Scottish Oriental Smaller Companies

  Law Debenture says its Net Asset Value total return for the six months to 30 June 2016 was 1.5%, compared to a total return of 4.3% for the FTSE Actuaries All-Share Index. Most of this underperformance arose from the movement in fair value of our long term debt as a result of lower gilt yields. […]

• 28 Jul 2016 1 min read

  Anglo American’s underlying earnings fall in H1 2016

  Anglo American’s underlying earnings for the first half of 2016 fell by 23%, to US$698 million from the corresponding period of 2015. Underlying earnings per share was US$0.54 against US$0.70 a year earlier. The company reported an actual loss for the period of US$682 million, an improvement from the US$2.7 billion loss a year earlier. […]

• 20 Jul 2016 2 min read

  Anglo’s production generally lower y-o-y in H1

  Anglo American’s production results for the first half of the year were generally lower than the corresponding period of 2015, although nickel was an exception. Copper production from retained operations was 290.7 kt, down 4% year-on-year as expected lower grades and significant snowfall impacted operations at Los Bronces, where production was down 16% as the […]

• 15 Jan 2016 2 min read

  BlackRock Income & Growth beats benchmark by 10%

  BlackRock Income & Growth has published its results for the year ended 31 October 2015. Over the year the fund beat its benchmark by more than 10%. The NAV total return was 13.5% and the share price total return 13.5% but the total return on the FTSE All-Share was 3.0%. The dividend for the year […]

• 12 Jan 2016 1 min read

  Anglo American exits Tarmac

  Anglo American plc has exited the Tarmac business after selling its interests in the operating joint venture entities which have historically operated under the Tarmac name in the United Arab Emirates, Oman and Qatar to the Bouygues Group. The parties have not disclosed the value of the sale. In July 2015, Anglo American sold its […]

• 24 Dec 2015 4 min read

  Schroder UK Growth mildly outperforms benchmark

  Schroder UK Growth Fund has announced its interim results for the six-months ended 31 October 2015. During the period, the Company’s NAV produced a total return of -5.3%, marginally outperforming its benchmark, the FTSE All-Share Index, which provided a total return of -5.7%. The share price produced a total return of -5.7%. The company has […]

• 18 Nov 2015 1 min read

  Good year for Schroder Income Growth as celebrates 20 years of dividend increases

  Schroder Income Growth Fund has announced results for the year ended 31 August 2015. During the year under review, the net asset value produced a total return of 3.1%, comparing favourably to a total return of -2.3% for the FTSE All-Share Index. The share price total return for the year was 5.1% as the net […]

• 09 Sep 2015 1 min read

  Amplats agrees to sell Rustenburg to South African gold producer

  Anglo American Platinum (Amplats), part of the Anglo American group, has agreed to sell its Rustenburg platinum operations to South African gold producer, Sibanye Gold. The total consideration payable is a minimum of R4.5 billion, consisting of an upfront payment of R1.5 billion in cash or shares and a deferred consideration equal to 35% of […]

• 14 Aug 2015 5 min read

  BlackRock World Mining outperforms falling market

  The continued slump in commodity markets weighed on the performance of BlackRock World Mining over the first half of 2015. the total return on net assets was -7.0% for the period and the return to shareholders was -2.8%. These figures are better than the return on the Euromoney Global mining Index however – this returned […]

• 29 Jul 2015 1 min read

  Law Deb’s share price weak in H1

  Law Debenture beat the FTSE All-Share Index over the first half of 2015 but the share price weakened. The NAV total return was 3.8% vs. 3% for the index and the share price return was -1.6%. The interim dividend has been increased from 4.7p to 5.2p. The report says the stocks that added the most […]

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