What (Anglo gets) is a much more direct stake in a wide range of commodities. Anglo American is clearly a very widely diversified metals and mining group and diamonds would perhaps account for about 15 percent of that rather than the give or take 50 percent that they are within De Beers.
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This quote is just one of 5 total Charles Kernot quotes in our collection. Charles Kernot is known for saying 'What (Anglo gets) is a much more direct stake in a wide range of commodities. Anglo American is clearly a very widely diversified metals and mining group and diamonds would perhaps account for about 15 percent of that rather than the give or take 50 percent that they are within De Beers.' as well as some of the following quotes.
I think the Government has got itself into such a state with its energy policy that raising coal production is about its only 'get out of jail free' card, or there won't be enough domestic energy supply left.
What (Anglo gets) is a much more direct stake in a wide range of commodities. Anglo American is clearly a very widely diversified metals and mining group and diamonds would perhaps account for about 15 percent of that rather than the give or take 50 percent that they are within De Beers.
Looking long term and assuming the LVMH joint venture comes to fruition and actually starts to generate value, then I would perhaps have put a long term valuation on De Beers of $60 a share.
This quote is just one of 5 total Charles Kernot quotes in our collection. Charles Kernot is known for saying 'What (Anglo gets) is a much more direct stake in a wide range of commodities. Anglo American is clearly a very widely diversified metals and mining group and diamonds would perhaps account for about 15 percent of that rather than the give or take 50 percent that they are within De Beers.' as well as some of the following quotes.