Currently viewing Global edition

Anglo Pacific poised for profits

London-listed royalty firm, Anglo Pacific Group, has shaken off a difficult 2014 and expects to see improved returns from its existing portfolio, along with an increasing range of opportunities available to help the group materially grow its long-term returns.

Anglo reported an adjusted full year loss of 2.8 million (2013: 9.2 million profit) this week on the back of a fall in royalties from 14.7 million to 3.5 million.