SA seen avoiding another crippling platinum strike

2016-05-20 10:13

Anglo American Platinum and the Association of Mineworkers and Construction Union, who are preparing for new labour talks agree they don't expect major interruptions.

Silicosis ruling not on merit - mine companies

2016-05-13 14:10

The court finding enabling a silicosis class action suit against 32 SA miners does not represent a view on the merits of their case, caution the companies.

De Beers expands diamond sales

2016-04-12 13:53

De Beers has increased diamond sales at its third offering this year in a sign of recovering demand for rough gems after a slump last year.

Anglo cut to junk for third time this week on S&P downgrade

2016-02-18 19:05

Anglo American’s credit rating has been cut to junk by Standard & Poor’s, following similar downgrades by Moody’s Investors Service and Fitch Ratings.

Anglo American looks to cut debt through asset sales

2016-02-16 19:50

Anglo American says it plans to sell its iron ore, coal and nickel units as part of a sweeping strategic overhaul to cope with a commodities rout.

What is the outlook for commodities?

2015-12-30 07:30

The fall in commodity prices came as a surprise. Should we expect metals to recover in 2016? David McKay examines the sector.

NUM members down tools at Anglo coal mine

2015-04-08 16:56

Members of the National Union of Mineworkers have stopped working at an Anglo American coal mine in Mpumalanga, demanding the removal of the general manager.

Anglo hits production targets, flags writedowns

2015-01-28 14:44

Anglo American says a sharp drop in commodity prices will likely result in impairment charges for its 2014 financial year.

BHP Billiton pushes JSE resources up

2014-08-15 14:25

BHP Billiton’s intention to list some of its entities in a separate company and wave SA good bye, pushed the JSE’s resources sector higher.

Anglo 'can't do the work of govt'

2014-05-23 12:07

Anglo American cannot attempt to do the work of government, says Vincent Maphai of the government's National Planning Commission.


Why silicosis judgment is important

2016-05-13 19:24

The Treatment Action Campaign and SECTION27 have welcomed the judgment handed down in the silicosis class action case against mining companies.

Anglo to sell business units for $1.5bn

2016-04-28 19:30

Anglo American has agreed to sell its niobium and phosphate businesses to China Molybdenum for $1.5bn in cash in its first big disposal.

A small-town story of the resource curse

2016-03-08 13:23

Anglo American recently announced that it will cut around 4 000 jobs at its Sishen mine in Kathu, Northern Cape. finweek considers why development dependent on natural resources can be ruinous.

Anglo said to work with Bank of America on coal mine sales

2016-02-18 10:11

Anglo American is working with Bank of America on an expanded sale process for its non-core coal mines in Australia, according to people with knowledge of the matter.

Chamber opposes joint court bid over Mining Charter

2016-02-16 10:20

The Chamber of Mines says its court application on disputed black ownership rules will be delayed if a request to nullify SA’s mining laws is heard at the same time.

Anglo sees impairments of up to $4bn on iron ore, coal

2015-07-16 09:16

Anglo American expects to record non-cash impairments of $3bn to $4bn relating to its iron-ore operations in Brazil and some Australian coal assets as prices declined.

Amplats profit plunges 46%

2015-02-09 13:15

Anglo American Platinum expects output to return to pre-strike levels this year as it reported a 46% plunge in annual profit.

Amplats sues debt collectors for overcharging workers

2015-01-09 14:18

Amplats has sued debt collectors over allegations they deducted fees from the salaries of employees that were more than three times higher than the legal maximum.

Anglo's CSI had 'little impact'

2014-05-23 18:33

The R100m Anglo American has invested in education between 2010 and 2014 had hardly any impact, says an independent researcher.

Ups and downs in Anglo output

2014-04-24 10:43

Anglo American has posted an increase in its copper and iron ore production in the first quarter of 2014, but its platinum output slumped.

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