Anglo American weighs De Beers sale: Anglo American stock falls 2.87 percent

Published on 10/19/2026 at 10:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

De Beers talks surfaced on October 15, 2026. Anglo American stock costs EUR 46.78 on October 19, 2026, 2.87 percent below the Xetra close.

Insider activity and upcoming production data

MarketBeat reported on October 16, 2026, that John Heasley bought 4 shares at GBp 4,148 each.
JPMorgan lifted its target from GBp 3,350 to GBp 3,850 on October 14, 2026.
Anglo American stock trades at EUR 46.78 at 10:02 a.m. CEST at Lang & Schwarz on October 19, 2026, 2.87 percent below the Xetra close of October 16, 2026.
Anglo American is scheduled to publish its third-quarter production report on October 20, 2026.

Luftaufnahme eines terrassierten Kupfer-Tagebaus mit Fahrzeugen bei goldenem Abendlicht — Anglo American plc GB00B1XZS820 zeigt einen riesigen Kupfer-Tagebau mit Baggern und Lastwagen im Abendlicht, Illustration mit AI erstellt.

Anglo American (GB00BTK05J60) stock traded at EUR 46.78 at Lang & Schwarz on October 19, 2026 at 10:02 a.m. CEST, down 2.87 percent versus the Xetra close of October 16, 2026 at EUR 48.16. MarketBeat reported on October 16, 2026, that John Heasley bought 4 shares at GBp 4,148 each, for GBP 165.92.

What does the bid mean for diamonds?

Emirates 24|7 reported on October 15, 2026, that Richemont was in talks to join a consortium bidding for De Beers. Anglo American owns 85 percent of the diamond business, and the possible sale fits its strategy of concentrating on copper and other businesses.

The operating counterweight is copper. The latest preview from The Armchair Trader said second-quarter copper production was 173,200 tonnes and full-year guidance remained 700,000 to 760,000 tonnes. The company had also lowered its 2026 copper unit-cost guidance to 145 cents per pound from 172 cents.

Three events changed the setup

On October 14, 2026, Business Insider reported that JPMorgan upgraded Anglo American to Neutral from Underweight and lifted its target from GBp 3,350 to GBp 3,850. On October 15, 2026, the De Beers consortium talks were reported. On October 16, 2026, the insider purchase involved 4 shares at GBp 4,148 each.

The next production date is set

Anglo American's investor calendar lists the third-quarter 2026 production report for October 20, 2026, giving the next dated operating test for copper output, unit costs and progress on its portfolio changes. The focus is measurable: guidance spans 700,000 to 760,000 tonnes of copper, while the updated unit-cost figure is 145 cents per pound.

Stock price and valuation

Anglo American's London listing showed a 52-week range of GBp 2,639.00 to GBp 4,643.80 and a market capitalization of GBP 42.2 billion on October 19, 2026. The Lang & Schwarz euro quotation is below the Xetra close while the next production report provides the nearest scheduled company catalyst. The stock was trading at EUR 46.78 at Lang & Schwarz on October 19, 2026 at 10:02 a.m. CEST, 2.87 percent below the Xetra close of October 16, 2026 at EUR 48.16. The further course of trading is shown by the continuously updated real-time quote of Anglo American stock.