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ESG-Minded Investors Pile Into Coal Stock, Sparking 1,000% Rally

Anglo American Plc’s spinoff, Thungela Resources Ltd., has emerged as the world’s best-performing major coal stock. It’s also one of the most profitable bets by a group of fund managers who’ve promised to reduce their financed greenhouse gas emissions.

Eastern capeSouth africaSouth africanJuly ndlovuHeffa schueckingMichael bloombergNeville chesterCoronation fund managers ltdAfrica public investment corpAbrdn plcSchroders plcGlasgow financial alliance for netBlackrock incVanguard group incInternational energy agencyBloomberg anglo american plc

Anglo American Strategy Chief Named as New CEO

(Bloomberg) Anglo American Plc named long-time front-runner and head of strategy Duncan Wanblad as its next chief executive officer, succeeding Mark Cutifani who will step down after nine years.

South africaSouth africanDuncan wanbladTony traharTony oneillStephen pearceStuart chambersMark cutifaniErnest oppenheimerBen davisRio tintoJohannesburg consolidated investment companyBloomberg anglo american plcRio tinto groupGlencore plcAmerican plc

Anglo Posts Profit Beat as Metal Rally Offsets Coal Slump

Anglo Posts Profit Beat as Metal Rally Offsets Coal Slump Bloomberg 2/25/2021 Thomas Biesheuvel (Bloomberg) Anglo American Plc reported earnings that beat expectations after a wider commodity rally helped balance out another difficult year for its diamond business and a collapse in coal profits. Popular Searches The company is the last of the major miners to report earnings in what’s been a bumper season for investors, with BHP Group and Rio Tinto Group already handing back record dividends. The payouts, along with a recent surge in metal prices, have stoked fresh speculation about a new commodities supercycle, driven by tight supplies and strong demand as the world moves to decarbonize.

City ofUnited kingdomMark cutifaniBen davisBloomberg anglo american plcDe beersRio tinto groupAmerican plcIron ore boomsBloomberg iron ore boomsCoal collapsesChief executive officer mark cutifaniநகரம் ஆஃப்ஒன்றுபட்டது கிஂக்டம்பென் டேவிஸ்ப்ளூம்பெர்க் ஆங்கிலோ அமெரிக்கன் ப்ல்

Anglo Profit Steadies as Metals Rally Helps Offset Gems and Coal

Anglo Profit Steadies as Metals Rally Helps Offset Gems and Coal
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