Anglo American

Thursday, Jun 15 2017 by
1

15th June 2017
Can anyone explain why AAL shares tanked 6% when no massive impact on $ or metals only down .5%?

Simon

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Anglo American PLC is a mining company. The Company has a portfolio of mining operations and undeveloped resources with a focus on diamonds, copper, platinum group metals (PGMs), and bulk commodities. Its segments include De Beers, Platinum Group Metals, Copper, Iron Ore, Nickel and Manganese, Coal, and Corporate and other. De Beers segment is engaged in the diamond business. Within the Platinum Group Metals segment, it has operations principally located in the Bushveld Complex in South Africa. It holds interests in two copper mines: Los Bronces and Collahuasi in Chile and is developing the Quellaveco mine in Peru. Its iron ore operations provide customers with iron content ore through assets in Brazil and South Africa. It has metallurgical coal assets in Australia, and thermal coal assets in Colombia and South Africa. more »

LSE Price
1985.6p
Change
2.7%
Mkt Cap (£m)
27,414
P/E (fwd)
8.8
Yield (fwd)
4.6



  Is LON:AAL fundamentally strong or weak? Find out More »


2 Posts on this Thread show/hide all

Orangetree 16th Jun '17 1 of 2

Something to do with South Africa regarding black power ownership rules. The SA govt wants to up that to 30% from 26%. https://www.bloomberg.com/news/articles/2017-06-15/south-africa-raises-black-ownership-requirement-for-mines-to-30

Blog: Walbrock Research
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simonmulford 16th Jun '17 2 of 2

In reply to post #194615

Thank you.

Is there a facility on Stockopedia that can identify fundamental info on company stocks?

Simon

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