De Beers IPO could fetch $10bn for Anglo

2015-11-25 20:00

Anglo American, the second-worst performer in the benchmark FTSE 100 this year, could raise more than $10bn by selling its De Beers diamond business, according to HSBC Holdings.

Union expects deal that will end coal strike

2015-10-12 06:33

The week-long strike in the coal sector could be coming to an end soon, as NUM members examine the Chamber of Mines’ latest and, seemingly, attractive offer.

All eyes on Anglo American as Glencore CEO cedes to shareholders

2015-09-09 07:56

Glencore caved this week to shareholder demands that the commodity-trader bolster its balance sheet; now attention is turning to whether rival Anglo American will follow.

Violent protest at Anglo's Mogalakwena mine

2015-09-02 18:36

A war has erupted between police and residents living near Anglo American’s Mogalakwena Platinum Mine as local citizens blockade roads, demanding jobs from the mining company.

Anglo boss calls for end to hostile labour relations

2015-07-31 20:30

Adversarial labour relations between labour, business and government are an impediment to a more efficient mining industry, says Anglo American CEO Mark Cutifani.

Amplats seen facing protracted exit from unwanted mines

2015-07-17 08:43

Anglo American Platinum could face a protracted exit from the mines it wants to divest amid a plunge in metal prices that’s hurting asset values.

Anglo should cut dividend amid commodity collapse

2015-07-09 19:12

Anglo American should cut its interim dividend amid a collapse in commodity prices, according to Investec.

Job cuts on cards in mine shake-up, says Amplats

2015-06-23 10:21

Anglo American Platinum says it aims to reconfigure a number of its mines to make them more profitable, a move which could lead to up to 420 job losses.

NUM members intimidating operations - Anglo

2015-04-08 18:50

Anglo American is monitoring the situation at its Kleinkopje coal operation in Mpumalanga, where NUM members have embarked on a wildcat strike.

De Beers to invest billions in prized SA mine

2015-02-16 19:01

The De Beers Group UK is planning to invest around R33bn over the next 10 years on its diamond mining operations, with the bulk of that spend on its key SA mine.


Anglo American delays big platinum moves

2015-10-22 11:30

Anglo American has postponed all major project capital decisions for platinum until 2017, the mining group has said in its third quarter production report.

Anglo American closes Mozambique office

2015-10-01 13:01

Anglo American has closed its office in Mozambique, 18 months after calling off the R5.2bn purchase of a majority stake in a coal asset in the country.

Protests simmering at Limpopo mine

2015-09-07 21:20

The atmosphere around Anglo American’s Mogalakwena platinum mine is still tense following days of violent protests which broke out in the area, Limpopo police say.

Anglo American sells copper unit for $300m

2015-08-24 11:41

Anglo American has agreed to sell its Norte copper unit in northern Chile to a group of investors led by hedge fund Audley Capital Advisors.

Anglo American could put more assets up for sale

2015-07-24 20:00

The head of global mining firm Anglo American says it could sell more assets than currently planned should market conditions deteriorate further.

Anglo American cuts dividend as commodity prices retreat

2015-07-15 13:20

Anglo American may cut its dividend for the first time since 2009 as tumbling commodity prices reduce the cash available to pay investors.

Anglo plans major job cuts - sources

2015-07-02 15:36

Anglo American is planning to cut between 5% and 20% of staff at head offices around the world, sources close to the matter say.

Major leadership moves at Anglo SA

2015-05-28 12:27

In a major restructuring of its SA leadership structure, Anglo American has announced that current chief executive Mark Cutifani will take over as chairperson of AASA.

Ex-Xstrata CEO under pressure for new mining deals

2015-04-02 18:23

Former Xstrata boss Mick Davis is coming under pressure to build a new mining empire with the $6bn in capital he has raised, a year after launching a private fund.

Anglo could pull plug on Eskom coal supply

2015-02-16 13:20

Anglo American wants to withdraw its supply of coal to Eskom because of government requirements that blacks must own at least 55% of a supplier.

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