Anglo Directors Sell $5.5m Shares in Commodity Boom

By John Jeffay / March 16, 2021 / www.idexonline.com / Article Link

(IDEX Online) - De Beers boss Bruce Cleaver and two other Anglo American directors have sold $5.5m of their shares in the company.The share price has surged by almost 40 per cent since the commodities rally began last November.Cleaver (pictured), CEO of De Beers, sold 25,000 shares for just over ?, ?$1m, according to a report in Shares magazine.Didier Charreton, Anglo's director of people and organization, sold shares in a deal worth $3.6m and Ruben Fernandes, CEO of its base metals division, sold shares worth $882,000.Commodity prices were badly hit by the pandemic in the first half of 2020, but Anglo bounced back with second-half earnings of $6.5bn, its best performance in a decade.

Recent News

Gold and silver price ETFs see major net outflows

November 04, 2025 / canadianminingreport.com

Gold stocks decline by less than metal price

November 04, 2025 / www.canadianminingreport.com

A shift to the later stages of gold and silver bull markets

October 27, 2025 / www.canadianminingreport.com

Gold stocks plunge on metal drop

October 27, 2025 / www.canadianminingreport.com

Gold stocks still up after pullback late in the week

October 20, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok