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Anglo American Platinum Ltd (AMSJ.J)

AMSJ.J on Johannesburg Stock Exchange

74,531.00ZAc
21 Feb 2019
Change (% chg)

156.00 (+0.21%)
Prev Close
74,375.00
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74,380.00
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75,699.00
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74,003.00
Volume
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286,549
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Latest Key Developments (Source: Significant Developments)

Anglo American Platinum Sees 2019 PGM Production Guidance 4.2-4.5 Mln PGM Ounces
Monday, 18 Feb 2019 

Feb 18 (Reuters) - Anglo American Platinum Ltd ::FY PGM PRODUCTION (2017: 5.0 MOZ) 5.2 MOZ.FY DIVIDEND (2017: R0.9BN) R3.0BN OR R11.25 PER SHARE.FY NET SALES REVENUE R 74,582 MILLION VERSUS R 65,670 MILLION.FY EARNINGS PER ORDINARY SHARE 2,599 CENTS.PLATINUM IS EXPECTED TO BE IN A MODEST SURPLUS ONCE AGAIN IN 2019.FY HEADLINE EARNINGS PER SHARE 7,588 CENTS.PGM PRODUCTION GUIDANCE (METAL-IN-CONCENTRATE) IS 4.2-4.5 MILLION PGM OUNCES FOR 2019.CAPITAL GUIDANCE, INCLUDING FAST-PAYBACK AND P101 INVESTMENT PROJECTS WILL BE IN REGION OF R1.5-1.8 BILLION IN 2019.PLATINUM OUTLOOK OF 2.0-2.1 MILLION OUNCES AND PALLADIUM OUTLOOK OF 1.3-1.4 MILLION OUNCES FOR 2019.CAPITAL GUIDANCE TO BE ABOUT R2.0 BILLION FOR EACH OF 2020 AND 2021.GUIDANCE ON 2019 CAPITALISED WASTE STRIPPING IS R2.0-R2.2 BILLION.UNIT COST GUIDANCE IS BETWEEN R21,000 AND R22,000 PER PRODUCED PLATINUM OUNCE (METAL-IN-CONCENTRATE) FOR 2019.CHAIRMAN VALLI MOOSA WILL RETIRE FROM BOARD AT AGM TO BE HELD ON 17 APRIL 2019.NORMAN MBAZIMA WILL ASSUME ROLE AS CHAIRMAN GOING FORWARD.CRAIG MILLER, FINANCIAL CONTROLLER, WILL ASSUME ROLE OF FINANCE DIRECTOR ON 1 APRIL 2019.SIMON KRUGER COMPANY FINANCIAL CONTROLLER WILL SERVE AS ACTING FD FOR PERIOD 1 MARCH 2019 TO 31 MARCH 2019..  Full Article

Anglo American Platinum Expects FY HEPS To Be At Least 20 Pct Higher Than Last Year
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - Anglo American Platinum Ltd ::ANGLO AMERICAN PLATINUM TRADING STATEMENT FOR THE TWELVE MONTHS ENDING 31 DECEMBER 2018.CURRENTLY INSUFFICIENT CERTAINTY TO ENABLE CO TO PROVIDE SPECIFIC GUIDANCE ON EXPECTED RESULTS.FY HEADLINE EARNINGS AND HEPS WILL BE AT LEAST 20% (R777 MILLION OR 297 CENTS PER SHARE) HIGHER THAN 2017.  Full Article

Atlatsa Announces Privatisation Through A Compulsory Repurchase, By Co
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - Atlatsa Resources Corp ::ATLATSA ANNOUNCES COMPREHENSIVE RESTRUCTURING AND GOING PRIVATE TRANSACTION.ATLATSA RESOURCES CORP - IT HAS ENTERED INTO A SUITE OF TRANSACTION AGREEMENTS DATED DECEMBER 11.ATLATSA RESOURCES CORP - ENTERED SUITE OF TRANSACTION AGREEMENTS WITH, RUSTENBURG PLATINUM MINES LIMITED.ATLATSA RESOURCES CORP - BUY-BACK OF COMMON SHARES OF MINORITY SHAREHOLDERS AND TENDER OPTION ARE PRICED AT R1.00 (C$0.09) PER COMMON SHARE.ATLATSA RESOURCES CORP - PRIVATISATION OF ATLATSA THROUGH A COMPULSORY REPURCHASE, BY COMPANY.ATLATSA RESOURCES CORP - MINORITY SHAREHOLDERS AND RPM WILL HAVE THEIR COMMON SHARES ACQUIRED PURSUANT TO BUY-BACK.ATLATSA - HOLDERS OF APPROXIMATELY 89.6% OF COMMON SHARES HAVE ENTERED INTO VOTING SUPPORT AGREEMENTS WITH ATLATSA IN FAVOR OF ARRANGEMENT RESOLUTION.ATLATSA RESOURCES CORP - TENDER OPTION IS BEING MADE IN RESPECT OF COMMUNITY TRUST ONLY.ATLATSA RESOURCES CORP - ELECTED TO PROVIDE COMMUNITY TRUST WITH OPTION TO PURSUE A LIQUIDITY EVENT THROUGH A VOLUNTARY PARTICIPATION IN TENDER OPTION.  Full Article

Anglo American Platinum Completes Disposal Of Interest In BRPM JV
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - Anglo American Platinum Ltd ::JSE: AMS - ANGLO AMERICAN PLATINUM COMPLETES DISPOSAL OF 33% INTEREST IN THE BRPM JOINT VENTURE.ANGLO AMERICAN PLATINUM - RUSTENBURG PLATINUM MINES COMPLETED DISPOSAL OF 33% INTEREST IN BAFOKENG RASIMONE PLATINUM MINE JV.  Full Article

Anglo American Raises Long Term Per Annum Capex Guidance To $2.8 Bln- $3.1 Bln
Tuesday, 11 Dec 2018 

Dec 11 (Reuters) - Anglo American PLC ::ANGLO AMERICAN SAYS LONG TERM PER ANNUM CAPEX GUIDANCE INCREASED TO $2.8 BILLION- $3.1 BILLION- INVESTOR PRESENTATION.ANGLO AMERICAN SAYS MINAS-RIO RESTART ON SCHEDULE, FY 2019 PRODUCTION 16MT TO 19 MT- INVESTOR PRESENTATION.ANGLO AMERICAN SEES TOTAL SUSTAINING CAPEX FOR 2018 AT 2.7 BILLION STG, 3.2 BILLION STG PER ANNUM BETWEEN 2019-2021 - INVESTOR PRESENTATION.ANGLO AMERICAN SAYS MINAS-RIO RESTART GUIDANCE LEAVES MARGIN TO GET OPERATING LICENSE, EXPECTED IN JUNE- INVESTOR PRESENTATION.ANGLO AMERICAN SAYS NO IMMEDIATE PLANS TO DISTRIBUTE EXCESS CAPITAL TO SHAREHOLDERS - INVESTOR PRESENTATION.  Full Article

Anglo American Platinum Sees 2018 Platinum Production Of 2.45-2.5 Moz
Tuesday, 11 Dec 2018 

Dec 11 (Reuters) - Anglo American Platinum Ltd ::SEES 2018 PLATINUM PRODUCTION (M&C) 2.45 - 2.5 MOZ.SEES 2018 PALLADIUM PRODUCTION (M&C) 1.5 -1.6 MOZ.PRODUCTION GUIDANCE WILL CHANGE FROM JAN. 1 2019 AS SIBANYE PGM MATERIAL WILL NOT BE BOUGHT AS CONCENTRATE BUT TOLL TREATED.2019 PRODUCTION (METAL IN CONCENTRATE) WILL BE LOWER THAN 2018.SEES 2019 PLATINUM PRODUCTION (M&C) 2.0 - 2.2 MOZ.SEES 2019 PALLADIUM PRODUCTION (M&C) 1.3 -1.4 MOZ.  Full Article

Atlatsa Announces A Further Annual General Meeting Date Extension
Friday, 21 Sep 2018 

Sept 21 (Reuters) - Atlatsa Resources Corp ::ATLATSA ANNOUNCES A FURTHER ANNUAL GENERAL MEETING DATE EXTENSION.ATLATSA - ACTIVELY ENGAGED IN FINALIZING TERMS OF PHASE 2 OF 2017 RESTRUCTURE PLAN WITH ANGLO AMERICAN PLATINUM.ATLATSA RESOURCES - ANNUAL GENERAL MEETING OF SHAREHOLDERS NOW TO BE HELD BY NO LATER THAN DEC 31.  Full Article

Anglo American Platinum's Finance Director Ian Botha To Step Down
Friday, 21 Sep 2018 

Sept 21 (Reuters) - Anglo American Platinum Ltd ::JSE: AMS - RESIGNATION OF IAN BOTHA - FINANCE DIRECTOR.ANGLO AMERICAN PLATINUM LTD - IAN WILL CONTINUE TO SERVE IN HIS CURRENT ROLE UNTIL 2018 ANNUAL RESULTS ARE RELEASED ON 18 FEBRUARY 2019.ANGLO AMERICAN PLATINUM LTD - BOTHA WILL BE RELOCATING ABROAD TO PURSUE OTHER CAREER OPPORTUNITIES.ANGLO AMERICAN PLATINUM LTD - NOMINATIONS COMMITTEE OF BOARD WILL COMMENCE PROCESS TO IDENTIFY A SUITABLE SUCCESSOR.  Full Article

Anglo American Platinum Says HY HEPS 1,282 Cents, Revises Up FY Production Outlook
Monday, 23 Jul 2018 

July 23 (Reuters) - Anglo American Platinum Ltd ::HY NET SALES REVENUE OF 33,491 MILLION RAND VERSUS 27,305 MILLION RAND YEAR AGO.FOR FY CAPITAL EXPENDITURE GUIDANCE REMAINING BETWEEN R4.7 BILLION TO R5.2 BILLION.HY HEPS OF 1,282 CENTS.FOR FY UNIT COST IS EXPECTED TO BE INLINE WITH PREVIOUS MARKET GUIDANCE OF R19,600-R20,200 PER PLATINUM OUNCE PRODUCED..BOARD APPROVED A DIVIDEND OF R3.74 PER SHARE ON 19 JULY 2018.PLATINUM MARKET IS LIKELY TO REMAIN IN A SMALL SURPLUS IN NEXT FEW YEARS, WITH SUPPLY OUTWEIGHING DEMAND.FOR HY TOTAL PGM PRODUCTION FROM JOINT VENTURES INCREASED 10% TO 607,200 PGM OUNCES (H1 2017: 550,100 PGM OUNCES).TOTAL PGM PRODUCTION WAS UP 4% TO 2,583,800 OUNCES IN H1 2018.AUTOMOTIVE PLATINUM DEMAND TO REMAIN WEAK, AND NOT EXPECTED TO BE COMPLETELY OFFSET BY RISING INDUSTRIAL DEMAND FOR METAL.H1 2018 PLATINUM PRODUCTION WAS UP 4% TO 1,233,400 OUNCES.H1 2018 PALLADIUM PRODUCTION INCREASED 5% TO 813,200 OUNCES.TOTAL PLATINUM SUPPLY IS EXPECTED TO REMAIN LARGELY UNCHANGED YEAR-ON-YEAR IN 2018.PRIMARY PRODUCTION OF PLATINUM IS FORECAST TO DECLINE MARGINALLY IN 2018 TO 6.05 MILLION OUNCES.PLATINUM DEMAND IS EXPECTED TO FALL SLIGHTLY IN 2018.FY PGM PRODUCTION GUIDANCE (METAL IN CONCENTRATE) WILL BE 4.85 - 5.10 MILLION PGM OUNCES.DUE TO A STRONG OPERATIONAL PERFORMANCE IN H1, CO REVISES UP ITS PRODUCTION OUTLOOK FOR FULL YEAR.  Full Article

Anglo American Platinum Acquires Glencore's 39 Pct Stake In Mototolo Joint Venture
Monday, 23 Jul 2018 

July 23 (Reuters) - Anglo American Platinum Ltd ::ACQUIRES GLENCORE'S 39% INTEREST IN MOTOTOLO JOINT VENTURE.CONSIDERATION FOR TRANSACTION COMPRISES AN UPFRONT CASH PAYMENT, WHICH AT 30 JUNE 2018 IS ESTIMATED TO BE R0.8 BILLION.CONSIDERATION FOR DEAL IS ON A CASH FREE BASIS.WHILE ADDITIONAL CONSIDERATION IS NOT YET DETERMINABLE IT IS ESTIMATED TO BE C.R1 BILLION BASED ON CURRENT SPOT PRICES.  Full Article