21 Feb 2019

SP Angel – Morning View

Anglo American plc (AAL:LON), 2,270 | ARC Minerals Limited (ARCM:LON), 3.2 | Glencore plc (GLEN:LON), 213 | Horizonte Minerals Plc (HZM:LON), 6.8 | Lonmin (LMI:LON), 0 | Tertiary Minerals plc (TYM:LON), 0.2

- Mining | John Meyer, Head of Research | Simon Beardsmore | Sergey Raevskiy
- 10 pages

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Anglo American (AAL LN) – Broad based improvement, led by coal, continues to reduce debt | ARC Minerals* (ARCM LN) – Sale of Andiamo stake for $0.25m | Glencore (GLEN LN) – coal concession not all what it seems. Dalian coal ban will hurt but Glencore traders will profit in other ways | Horizonte Minerals (HZM LN) –Araguaia project update and start of Vermelho pre-feasibility work | Lonmin (LMI LN) – AMCU union give Lonmin notice of secondary strike action | Siban ....

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SP Angel – Morning View

Anglo American plc (AAL:LON), 2,270 | ARC Minerals Limited (ARCM:LON), 3.2 | Glencore plc (GLEN:LON), 213 | Horizonte Minerals Plc (HZM:LON), 6.8 | Lonmin (LMI:LON), 0 | Tertiary Minerals plc (TYM:LON), 0.2

Published: 21 Feb 2019
Author: Mining | John Meyer, Head of Research | Simon Beardsmore | Sergey Raevskiy
Pages: 10

Anglo American (AAL LN) – Broad based improvement, led by coal, continues to reduce debt | ARC Minerals* (ARCM LN) – Sale of Andiamo stake for $0.25m | Glencore (GLEN LN) – coal concession not all what it seems. Dalian coal ban will hurt but Glencore traders will profit in other ways | Horizonte Minerals (HZM LN) –Araguaia project update and start of Vermelho pre-feasibility work | Lonmin (LMI LN) – AMCU union give Lonmin notice of secondary strike action | Siban ....

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