Anglo confronts messy divorce in SA birthplace

2016-12-08 07:04

While South African mines were cash cows for decades, Anglo now wants to sell them next year to cut debt accumulated during the commodity boom.

Chamber of Mines takes aim at government over Mining Charter

2016-11-24 07:30

The Chamber of Mines will explore all options to oppose the Mining Charter if the government implements new levies and black-ownership targets as proposed.

Anglo boots diamond and iron-ore production

2016-10-25 19:17

Anglo American says diamond production edged up in the third quarter, as the industry continued to rebound.

PIC wants Anglo to be more SA controlled

2016-10-06 18:59

The Public Investment Corporation, Anglo American’s biggest shareholder, wants SA investors to follow its lead and increase their holdings in the miner.

PIC wants vote on major Anglo sale plan in SA

2016-09-02 07:04

The PIC will meet Anglo American to discuss whether its plan to sell more than half of its mines including local coal and iron-ore assets is the best option for South Africa.

Anglo American head avoids feeling complacent

2016-07-28 19:48

The head of Anglo American has seen the miner’s share price almost triple this year, topping gains in the benchmark FTSE 100 Index.

R617m tax breather boosts Kumba's profits as CEO resigns

2016-07-26 08:34

A R617m tax breather has boosted Anglo American’s iron ore unit Kumba, which posted a 20% rise in profit to R3bn, while its CEO has announced his decision to step down.

Amplats sees profit falling on platinum drop, tax adjustment

2016-06-21 11:44

Anglo American Platinum has said first-half profit will probably be at least 20% lower after a tax gain boosted earnings in the previous year.

Mining firms to appeal silicosis ruling, says lawyer

2016-06-03 11:21

Gold mining firms will appeal against a court ruling allowing class action suits seeking damages for up to half a million miners who contracted silicosis and tuberculosis.

Amplats bid to buy peace around prized mine may backfire

2016-05-27 06:55

Anglo American Platinum's bid to appease a community near its most profitable South African mine may unravel, highlighting the challenges of managing social unrest.


S&P ratings boost for Anglo as miner wins war on debt

2016-12-02 15:37

Anglo American has been rewarded with a ratings upgrade by S&P Global Ratings after meeting its net debt reduction target.

Township businesses are key to the economy - Anglo American

2016-11-10 19:30

Township economies are not less important than bigger, formal businesses says Anglo American executive head, Andile Sanqu.

Northam buys mining right from Amplats for R1bn

2016-10-11 09:28

Northam Platinum has agreed to buy a mining right from Anglo American Platinum for R1bn, enabling it to extend the life of the world’s deepest platinum mine beyond 30 years.

Anglo names new finance director

2016-09-23 10:27

Anglo American has named Fortescue Metals Group’s Stephen Pearce as finance director, after he led the drive to slash debt at the world’s fourth-largest iron ore producer.

Anglo rejected India billionaire’s merger plan - claim

2016-07-29 07:06

Anglo American rebuffed informal approaches from Indian billionaire Anil Agarwal, according to people familiar with the matter.

Anglo American profit drops 23% on commodity rout

2016-07-28 09:15

Anglo American, which is seeking to turnaround its business to withstand a collapse in commodity prices, said first-half profit dropped 23%. Its net debt declined to $11.7bn.

Eskom owns assets at some coal mines - Koko

2016-07-06 06:48

Eskom owns assets at mines that it part-funded and will now try to add them to its balance sheet, Eskom's Matshela Koko has explained.

Miners cut distressed debt pool by $60bn

2016-06-10 12:21

Mining companies are getting back into financial shape and have cut the sector’s pool of distressed bonds by at least $60bn.

Anglo appoints new De Beers CEO

2016-05-27 08:38

Anglo American has appointed Bruce Cleaver to replace Philippe Mellier as CEO of De Beers Group.

Silicosis: Clarity on Q(h)ubeka Trust payouts

2016-05-22 16:20

A law firm has clarified how sick former miners who reached a landmark settlement in their battle against Anglo American and AngloGold Ashanti will be compensated.

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