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

Bank of Japan boosts rates, continuing an unwinding carry trade

December 22, 2025 / www.canadianminingreport.com

Gold stocks outperform equity market slide

December 22, 2025 / www.canadianminingreport.com

Silver inventories rebound in UK, output from major producers rises

December 15, 2025 / www.canadianminingreport.com

Silver's three-month outperformance continues

December 15, 2025 / www.canadianminingreport.com

Silver & Copper Supply Distortions Continue

December 08, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok