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anglo pacific group plc

The Real Cash Cow in Mining Isn’t Metals. It’s Bad Old Coal

For all the bullish talk about metals of the future, miners are making some of their biggest profits from heavy-industry stalwart coal.

Base metals from copper to zinc have tumbled this year, caught up as a proxy for trade fears and emerging market jitters. Meanwhile, coal has ground steadily upwards, supported by strong a demand from top commodities user China, and is trading near the highest in more than 6 years.

 

Anglo Pacific Group PLC (LON:APF) is a global natural resources royalty company. The Company’s strategy is to develop a leading international diversified royalty and streaming company with a portfolio centred on base metals and bulk materials, focusing on accelerating income growth through acquiring royalties on projects that are currently cash flow generating or are expected to be within the next 24 months, as well as investment in earlier stage royalties. It is a continuing policy of the Company to pay a substantial portion of these royalties to shareholders as dividends.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.