Speakers from Touchstone Exploration, Shanta Gold, Savannah Resources and Kavango Resources feature in our Natural Resources webinar on May 25th. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAnglo American Share News (AAL)

Share Price Information for Anglo American (AAL)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 3,381.50
Bid: 3,392.50
Ask: 3,394.00
Change: 116.00 (3.55%)
Spread: 1.50 (0.04%)
Open: 3,292.50
High: 3,420.00
Low: 3,286.00
Yest. Close: 3,265.50
AAL Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

RNS Alerts are a premium feature

Login to your account

myTerminal is a premium feature

Login to your account

Don't have an account? Click here to register.

TOP NEWS: Anglo American Says Diamond Markets Improve In October

Wed, 14th Oct 2020 09:04

(Alliance News) - Anglo American PLC on Wednesday said diamond markets improved in September and October, with provisional eighth cycle sales higher in 2020 than a year before and what was achieved in the seventh cycle.

The London-based miner of diamonds, copper, coal, platinum and other minerals reported the sales value of rough diamond sales for De Beers in cycle eight of 2020 as USD467 million. This is a provisional figure and represents sales as at October 2020.

In comparison, the actual sales value in cycle eight of 2019 was USD297 million and the actual sales value in cycle seven of 2020 was USD334 million.

As a result of restrictions on the movement of people and products in various jurisdictions worldwide, De Beers has implemented "a more flexible approach to rough diamond sales during the sixth, seventh and eighth sales cycles of 2020".

As such, the provisional rough diamond sales figure for cycle seven reflects the expected sales value for the period from September 21 to October 9 and is still subject to adjustment based in final completed sales, Anglo American noted.

Bruce Cleaver, chief executive of De Beers, said: "We continue to see a steady improvement in demand for rough diamonds in the eighth sales cycle of the year, with cutters and polishers increasing their purchases as retail orders come through ahead of the key holiday season. It's encouraging to see these demand trends, but these are still early days and there is a long way to go before we can be sure of a sustained recovery in trading conditions."

Anglo American shares were trading 1.3% higher in London on Wednesday at 1,965.40 pence each, while in Johannesburg, the stock was up 0.7% at ZAR418.05 per share.

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News

LONDON MARKET CLOSE: Equities rally after shocking US jobs undershoot

LONDON MARKET CLOSE: Equities rally after shocking US jobs undershoot

Today 16:58

UPDATE 2-UK mid-caps hit record high on recovery hopes; M&A chatter boosts Meggitt

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* St. Modwen Properties surges on $1.68 bln buyout offer* Melrose rises on Morgan Stanley PT hike* FTSE 100 up 0.7%, FTSE 250 adds 1.2% (Upd...

Today 09:43

Anglo American expects to reopen Moranbah North coal mine in May

MELBOURNE, May 7 (Reuters) - Anglo American expects to resume operations at its Moranbah North coal mine in Australia in May after safety inspections and work on restoring systems began on Friday.Operations at the mine, which produces coking coal ...

Today 08:32

Anglo American investors approve spin-off of S. African thermal coal

JOHANNESBURG, May 6 (Reuters) - Anglo American plc said on Thursday shareholders had approved the spin-off of its South African thermal coal business into a new company, paving the way for its listing in Johannesburg and London next month.If the t...

6 May 21 08:22

TOP NEWS: Anglo American SA coal business to list on JSE, LSE in June

TOP NEWS: Anglo American SA coal business to list on JSE, LSE in June

6 May 21 08:06

LONDON MARKET CLOSE: FTSE 100 bounces back, led by miners and CRH

LONDON MARKET CLOSE: FTSE 100 bounces back, led by miners and CRH

5 May 21 17:02

LONDON MARKET MIDDAY: Miners help lift FTSE 100 above 7,000 mark

LONDON MARKET MIDDAY: Miners help lift FTSE 100 above 7,000 mark

5 May 21 12:27

UPDATE 2-FTSE 100 sees best day in two-months on miners boost; Croda shines

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Croda gains after launching strategic review of units* Virgin Money falls due to higher-than-expected costs* FTSE 100 up 1.8%, FTSE 250 add...

5 May 21 09:12

Carbon copy? Pandora takes a shine to lab-made diamonds

By Tim BarsoeCOPENHAGEN, May 4 (Reuters) - Pandora, the jewellery maker best know for its silver charm bracelets, will stop selling mined diamonds and focus on more affordable, sustainable, lab-grown gems, it said on Tuesday."Diamonds are not only...

4 May 21 06:45

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

30 Apr 21 16:08

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

28 Apr 21 16:06

Tuesday broker round-up

(Sharecast News) - Tyman: Canaccord reiterates buy with a target price of 455.0p.

27 Apr 21 13:18

GRAPHIC-New capacity needed to meet rapid copper demand growth

* Projects approved in 2017-2018 coming on stream 2022-2023* Many projects shelved after 2013 due to low pricesBy Pratima DesaiLONDON, April 27 (Reuters) - Ample copper supplies next year and in 2023 will keep the market balanced, but miners need to...

27 Apr 21 10:58

Friday broker round-up

(Sharecast News) - GB Group: Canaccord reiterates hold with a target price of 900p.

23 Apr 21 13:29

TOP NEWS: Anglo American shaves coal guidance amid partial exit

TOP NEWS: Anglo American shaves coal guidance amid partial exit

22 Apr 21 08:19

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.