Anglo American (AAL)

Sector:

Mining

Index:

FTSE 100

2,635.00p
   
  • Change Today:
    -210.50p
  • 52 Week High: 3,444.00p
  • 52 Week Low: 2,213.50p
  • Currency: UK Pounds
  • Shares Issued: 1,347.19m
  • Volume: 4,535,206
  • Market Cap: £35,498m
  • RiskGrade: 209
  • Beta: 2.29

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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 2,635.00p
Change Today -210.50p
% Change -7.40 %
52 Week High 3,444.00p
52 Week Low 2,213.50p
Volume 4,535,206
Shares Issued 1,347.19m
Market Cap £35,498m
Beta 2.29
RiskGrade 209

Anglo American Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
99.49% above the market average99.49% above the market average99.49% above the market average99.49% above the market average99.49% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Price Trend
8.06% above the market average8.06% above the market average8.06% above the market average8.06% above the market average8.06% above the market average
38.69% above the sector average38.69% above the sector average38.69% above the sector average38.69% above the sector average38.69% above the sector average
Income
94.02% above the market average94.02% above the market average94.02% above the market average94.02% above the market average94.02% above the market average
73.91% above the sector average73.91% above the sector average73.91% above the sector average73.91% above the sector average73.91% above the sector average
Growth
9.02% above the market average9.02% above the market average9.02% above the market average9.02% above the market average9.02% above the market average
70% below the sector average70% below the sector average70% below the sector average70% below the sector average70% below the sector average

What The Brokers Say

Strong Buy 13
Buy 2
Neutral 4
Sell 0
Strong Sell 2
Total 21
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
  Special Interim
Ex-Div 19-Aug-21 19-Aug-21
Paid 24-Sep-21 24-Sep-21
Amount 80.00¢ 171.00¢

Trades for 26-Nov-2021

Time Volume / Share Price
16:45 76 @ 2,640.00p
16:45 76 @ 2,640.00p
16:35 1,204,068 @ 2,635.00p
16:29 103 @ 2,637.50p
16:29 35 @ 2,638.00p

Anglo American Key Personnel

CEO Mark Cutifani
Finance Director Stephen Pearce
Chair Stuart J Chambers

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