Report
Maxime Kogge

AngloAmerican Plc : Agreement reached with Botswana but H1 looks set to be difficult

>Reasonable cost of the agreement with Botswana (est. at 50p/share) - On Friday, De Beers and the government of Botswana signed a new ten-year agreement on diamond sales after several months of intense negotiations, with Botswana threatening to cut ties with Anglo American’s subsidiary. The negotiations were made complex by the two partners’ intertwining interests in a cascade of entities. Botswana is a co-shareholder in De Beers (15%) which is also present in Namibia...
Underlying
Anglo American plc

Anglo American is a global mining company with a portfolio of mining operations and undeveloped resources. Co. is focused on diamonds, copper, platinum group metals (PGMs), and bulk commodities and other minerals. Co.'s segments include: De Beers, which produces rough and polished diamonds; Copper, which produces copper; Platinum, which produces PGMs; Iron Ore and Manganese, which produces iron ore, manganese ore and alloys; Coal, which produces metallurgical coal and thermal coal; and Nickel, which produces nickel.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Maxime Kogge

ResearchPool Subscriptions

Get the most out of your insights

Get in touch