Anglo American (AAL)

Sector:

Mining

Index:

FTSE 100

3,523.50p
   
  • Change Today:
      56.50p
  • 52 Week High: 4,170.50
  • 52 Week Low: 2,470.50
  • Currency: UK Pounds
  • Shares Issued: 1,337.58m
  • Volume: 2,909,010
  • Market Cap: £47,130m
  • RiskGrade: 209

Anglo American shuffles leadership as Seamus French bows out

By Josh White

Date: Tuesday 05 Oct 2021

LONDON (ShareCast) - (Sharecast News) - Anglo American announced a number of senior leadership changes on Tuesday, confirming that Seamus French had decided to leave the company at the end of 2021 after 14 years with the company.
The FTSE 100 miner said he would be replaced as chief executive officer of bulk commodities by Themba Mkhwanazi, currently CEO of Kumba iron ore.

Mpumi Zikalala, currently managing director of De Beers managed operations, had in turn been appointed as CEO of Kumba.

Both appointments would take effect on 1 January, and Zikalala's successor at De Beers would be confirmed in due course.

"We congratulate Themba Mkhwanazi and Mpumi Zikalala on their new roles," said chief executive officer Mark Cutifani.

"Themba will shape the strategy for our global iron ore, metallurgical coal and manganese interests.

"The premium quality of our steelmaking ingredients and the partnerships we will continue to build to develop cleaner steel making technologies have never been more critical as we work to tackle climate change."

Cutifani said Zikalala's "extensive" operational experience at De Beers would be "instrumental", building on Kumba's progress to drive sustained safe performance, working with its strategic business partners.

"I am also delighted that, together with Nolitha Fakude as chair of our management board in South Africa, and Natascha Viljoen as CEO of our platinum group metals business, we will have three women of such high calibre leading our extensive interests in South Africa," Mark Cutifani added.

"We thank Seamus for his enormous contribution and unfailing commitment to Anglo American over 14 years, both as CEO of our coal businesses and in his more recent role leading our global bulk operations and strategy.

"His work to draw out considerable operational synergies and sharing of best-practice has enhanced our capabilities and been central to our performance improvements over many years."

In conjunction with the changes, chief executive of base metals Ruben Fernandes would also take on accountability for the iron ore and the nickel operations in Brazil.

As planned, the Quellaveco copper operation in Peru would also move to the base metals portfolio once commissioned.

Anglo American said the streamlining of responsibilities would allow Fernandes to "maximise efficiencies" across all of its operations in South America, alongside his global strategic responsibilities for base metals.

At 0917 BST, shares in Anglo American were down 0.08% at 2,588p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Anglo American Market Data

Currency UK Pounds
Share Price 3,523.50p
Change Today 56.50p
% Change 1.63 %
52 Week High 4,170.50
52 Week Low 2,470.50
Volume 2,909,010
Shares Issued 1,337.58m
Market Cap £47,130m
RiskGrade 209

Anglo American Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
84.55% above the market average84.55% above the market average84.55% above the market average84.55% above the market average84.55% above the market average
66.37% below the sector average66.37% below the sector average66.37% below the sector average66.37% below the sector average66.37% below the sector average
Price Trend
88.43% above the market average88.43% above the market average88.43% above the market average88.43% above the market average88.43% above the market average
90.28% above the sector average90.28% above the sector average90.28% above the sector average90.28% above the sector average90.28% above the sector average
Income
95.31% above the market average95.31% above the market average95.31% above the market average95.31% above the market average95.31% above the market average
11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average11.11% above the sector average
Growth
37.27% below the market average37.27% below the market average37.27% below the market average37.27% below the market average37.27% below the market average
80.65% below the sector average80.65% below the sector average80.65% below the sector average80.65% below the sector average80.65% below the sector average

What The Brokers Say

Strong Buy 10
Buy 1
Neutral 10
Sell 0
Strong Sell 1
Total 22
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Anglo American Dividends

  Latest Previous
  Final Special
Ex-Div 17-Mar-22 17-Mar-22
Paid 26-Apr-22 26-Apr-22
Amount 118.00¢ 50.00¢

Trades for 20-May-2022

Time Volume / Share Price
17:19 200 @ 3,543.58p
17:05 200 @ 3,557.50p
16:45 118 @ 3,522.00p
16:45 118 @ 3,522.00p
16:37 2 @ 3,523.50p

Anglo American Key Personnel

Finance Director Stephen Pearce
Chair Stuart J Chambers
CEO Duncan Wanblad

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