LSE- and TSX-listed Anglo Pacific expects its royalty income for the full 2016 financial year to be significantly higher than the £8.7-million earned in 2015. The company noted in a trading update on Wednesday that royalty income for the first quarter of the year, ended March 31, was £1.9-million, lower than the £2.3-million earned in the first quarter of 2015 and the £3-million earned in the fourth quarter of 2015.
