Anglo American Narrows UK Gender Pay Gap Ahead of AGM, but Bonus Gap Remains Wide

April 6, 2026
Anglo American Narrows UK Gender Pay Gap Ahead of AGM, but Bonus Gap Remains Wide

LONDON, April 6, 2026, 17:11 BST

Anglo American’s main UK head-office unit reported a narrower hourly pay gap in its latest filing. Women earned 79 pence for every pound paid to men on a median basis — the midpoint after ranking pay — and 24.2% less on a mean, or average, basis. The disclosure covers Anglo American Services (UK) Ltd. 1

The filing landed just after the April 4 deadline for large UK employers to publish pay-gap data, with London markets shut for Easter Monday and Anglo heading toward its annual meeting on April 29. That puts the numbers in front of investors as the miner presses on with its merger with Teck Resources. 2

Bonus pay was still the sore point. Women’s median bonus was 46.7% lower than men’s, while the mean bonus gap was about 45%; 92% of both women and men received bonuses, but Anglo said the median gap widened from 2024 even as the mean narrowed. 3

The UK unit employs 400 people. Women were 54% of the workforce, but only 41% of the top pay quartile — four equally sized pay bands — and 38.5% of senior management, while the lowest-paid quartile was 69% women. 3

Chief Executive Duncan Wanblad said “closing our Gender Pay Gap remains a critical priority.” Anglo said the shortfall still reflects the concentration of men in the most senior UK headquarters roles, where variable pay opportunities are typically higher. 3

The company put its global gender pay gap at 9.7%, down from 14.2% in 2024, and said female representation across the Executive Committee and their direct reports rose to 38.5% from 37%. The report covers a pay snapshot taken on April 5, 2025 and was signed off by Chief Legal & Corporate Affairs Officer Richard Price, who said “the data reported is accurate.” 3

The update comes as Anglo works through a messy reset. It posted a $3.7 billion loss in February after another De Beers writedown, is still selling or separating non-core assets, and cut 2026 copper guidance earlier this year. BHP and Rio Tinto are also pushing harder into copper, which has taken a larger share of miners’ earnings and dealmaking. 4

Anglo said in March it would delist from the SIX Swiss Exchange on June 26 ahead of the Teck tie-up, and the company has said it expects final regulatory clearance around year-end. Its next scheduled trading update is the first-quarter production report on April 28, a day before the AGM. 5

But this is not a clean finish. Anglo’s own report showed the median bonus gap worsening to 47% from 36%, and progress could stall if women stay underrepresented in senior posts. Investors are also still watching whether the miner can complete asset sales, manage the drag from diamonds and close the Teck deal. 3

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