Thanks to a landmark deal and a healthy set of H1 2018 results, Anglo Pacific Group (LON:APF), London’s only listed mining royalty business, has shot up by more than a fifth over the last month to 150.5p. Through its unique model, which sees it provides financing to miners in low-risk jurisdictions for a portion of their revenues, the firm has built a portfolio of royalties highly diversified by both commodity and geography. Here, CFO Kevin Flynn explains why Anglo Pacific’s ability to self-fund growth thanks to strong performance in its portfolio and the commodity market could trigger a re-rate in its shares and allow this upside to continue.
Silver price ‘set to top $20’
Silver prices rose on Monday while gold edged higher and European stock markets bounced, shrugging off concerns about a further acceleration of the global Coronavirus pandemic despite mixed economic news, writes Atsuko Whitehouse at BullionVault. Shares in