Anglo American kept up its march at the head of global diversified miners’ performance on the JSE and London Stock Exchange, gaining the most on Tuesday after releasing quarterly production numbers that showed increases in diamond and bulk commodity output, apart from copper. On the JSE, Anglo shares have gained almost 170% so far in 2016, paring its about 70% decline in 2015 that left it as one of the worst-performing of the major diversified mining companies. On the JSE, Anglo American’s share price closed 2.01% higher on Tuesday at R185.61. In London, the shares have almost tripled in value, gaining 271% so far in 2016, far outpacing its peers as investors climbed aboard the company that was in the throes of disposing of its bulk mining assets to tackle its debt and narrowing its focus to just platinum, diamonds and copper. Tuesday’s update spurred the shares higher yet, as Anglo kept its annual production targets for a range of commodities in place and showed quarterly increases...
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