AngloAmerican Plc : Management takes note of the confinement measures in South Africa
>Impact of confinement measures in South Africa - The president of South Africa imposed confinement nation-wide as of 26 Mars at midnight to help stem the spread of COVID-19. The management of Anglo American (AA) took note of this decision by announcing the partial closure of its activities in the country notably 1/ at Kumba (iron ore division, 69.7%-owned by AA), 2/ in coal, 3/ at the Venetia diamond mine (75% reduction in the workforce), 4/ at De Beers (85%-owned) a...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.
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.
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