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Anglo Pacific Group sees record year of portfolio income in 2018

Julian Treger, chief executive of royalty specialist Anglo-Pacific Group PLC (LON:APF), tells Proactive Investors income from its portfolio of mining interests jumped 15% to a record of £48mln-50mln in 2018.

There were sharply higher contributions from Australian coal producer Kestrel and vanadium miner Maracás Menchen, which increased its royalty by 180% as the price of the steel additive soared.

Quick facts: Anglo Pacific Group PLC

Price: 187 GBX

LSE:APF
Market: LSE
Market Cap: £339.35 m
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Anglo Pacific Group looking forward to strong finish in fourth quarter

Anglo Pacific Group PLC's (LON:APF) Julian Treger caught up with Proactive's Andrew Scott while at Mines & Money in London 2019. He's confident they're on track for another record year. For the nine months of 2019 so far, total income is up 39% to £46mln and combined with a substantial...

2 weeks, 2 days ago

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