Currently viewing Global edition

Anglo Pacific sees income drop following LIOC sale

London-listed royalty and streaming player Anglo Pacific Group delivered a March quarter trading update on Thursday that was in line with consensus expectations, with portfolio contributions down 39% quarter-on-quarter following the disposal of most of its stake in Labrador Iron Ore.

Anglo Pacific sees income drop following LIOC sale Anglo Pacific sees income drop following LIOC sale Anglo Pacific sees income drop following LIOC sale Anglo Pacific sees income drop following LIOC sale Anglo Pacific sees income drop following LIOC sale

Anglo Pacific has taken first deliveries of cobalt from Vale’s Voisey’s Bay mine in Canada

Total portfolio contributions amounted to £6.8 million, with a 10.5% drop in income from the Kestrel coking coal mine in Queensland the other major drag.