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Anglo American plc (NGLOY)

Other OTC - Other OTC Delayed Price. Currency in USD
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24.00+0.16 (+0.65%)
As of 1:52PM EDT. Market open.
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  • From Miners to Big Oil, the Great Commodity Cash Machine Is Back
    Bloomberg

    From Miners to Big Oil, the Great Commodity Cash Machine Is Back

    (Bloomberg) -- Just over five years ago Anglo American Plc was in deep trouble. The natural resources giant, beset by a collapse in commodity prices, scrapped its dividend and announced plans to close mines and cut thousands of workers. Amid talk of an emergency capital raise, its market value fell to less than $3 billion.This week, the trials of 2016 probably seemed like a parallel universe to its Chief Executive Officer Mark Cutifani. Fueled by a rally in iron ore and other commodity prices, h

  • Anglo Wants To Fully Own South African Cash Cows One Day
    Bloomberg

    Anglo Wants To Fully Own South African Cash Cows One Day

    (Bloomberg) -- Anglo American Plc still wants full control of some of its most profitable units, but said it will wait for the right time.While joint ventures in mining are common, Anglo’s position is more unique in that it’s the majority shareholder in two public South African companies that are also among its best earners.Anglo owns 79% of Anglo American Platinum Ltd., which reported record first-half profits this week. It also controls Kumba Iron Ore Ltd.. Both companies are listed in Johanne

  • Anglo American's profit soars 1,000% thanks to China and battery demand
    Yahoo Finance UK

    Anglo American's profit soars 1,000% thanks to China and battery demand

    The FTSE 100 mining giant announced plans to pay out $4.1bn to shareholders after a record set of half year numbers.