London, March 2, 2026, 09:41 GMT — Regular session
Shares of Anglo American edged down 0.7% to 3,675 pence shortly after the open in London this day. The price touched a session low at 3,641.5 pence, with 3,733 pence marking the intraday high.
European shares slid, the STOXX 600 falling 1.8% by 0812 GMT, hammered by worries over Middle East turmoil and a jump in energy prices. Travel and banking stocks bore the brunt of the drop, but energy names tied to oil bucked the trend and gained.
Oil drove the action, with Brent spiking roughly 10% to near $79.90 a barrel in early trading. That move steered investors into the dollar and gold, while equities lost favor. “At least in the short term, the disruption to global energy supply is substantial,” said Michael Langham, emerging markets economist at Aberdeen Investments. Reuters
Anglo released new investor materials Monday, including its integrated annual report for the year ended Dec. 31, 2025, and a transition plan covering 2026–2028, according to an RNS statement. The company’s annual general meeting is set for April 29, with notice expected on March 23.
The miner continues to overhaul its asset mix, zeroing in on copper, high-grade iron ore, and crop nutrients. In copper, the group holds stakes in Quellaveco (Peru), and Los Bronces, El Soldado, plus Collahuasi in Chile, according to Reuters data.
Anglo posted a $3.7 billion loss for 2025, hit hard by a $2.3 billion impairment tied to its De Beers diamond unit—a move that slashed the carrying value on its balance sheet, according to full-year results out Feb. 20. “2025 was a transformational year for Anglo American,” CEO Duncan Wanblad said, referencing both the Teck merger plan and active shifts in the company’s portfolio. Anglo American
For markets—especially stocks tied to the economic cycle like miners—the headline worry is an oil shock spiraling into broader inflation. Citi analysts, in their base case, are looking for Brent to hold somewhere between $80 and $90 a barrel at least through the next week, though they say prices could slip back to $70 if tensions ease. Goldman Sachs, on its end, notes crude is still trading with a sizable risk premium.
Dividend-focused investors have their eyes on the calendar. Anglo’s 2025 final payout stands at 16 cents a share. The ex-dividend date on the London Stock Exchange is March 12—anyone buying after that misses out on the payment. The dividend lands on May 6.
The shares now hinge on oil prices—watch for any shipping news or developments near the Strait of Hormuz. Then there’s the March 12 ex-dividend date for Anglo. Once that passes, focus turns to the AGM notice, expected March 23, and whatever’s revealed in the annual report package.
