Anglo Pacific Group PLC

Anglo Pacific to make three more acquisitions before year-end as revenues surge

Julian Treger, chief executive of Anglo-Pacific PLC (LON:APF), tells Proactive's Andrew Scott higher coal and vanadium prices have lifted interim revenues at the mining royalty specialist.

Treger says royalty income will be in a range of £17.5mln to £18mln in the half year to June, a 10% increase year-on-year after a very strong second quarter.

Kestrel, a coal mine in Australia, will again produce the bulk of this revenue.

Quick facts: Anglo Pacific Group PLC

Price: £1.92

Market: LSE
Market Cap: £3.52 m

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Anglo Pacific encouraged as new Kestrel owner reportedly set to expand...

Julian Treger, chief executive of Anglo Pacific Group plc (LON:APF), discusses with Proactive reports that the new owner of the Kestrel operation is studying a doubling of production from the mine. It comes as the Group 's stock had its “buy” rating reissued by analysts at house broker...

on 10/7/18

2 min read