Strike to cause steep earnings drop - Amplats

2015-01-23 12:06

Anglo American Platinum expects full-year headline earnings to fall between 40% and 55% because of the platinum strike that ended last year.

Uncertainty on JSE continues

2014-12-12 14:28

The uncertainty on the JSE has continued, with financial shares being the biggest losers this time.

NGO claims SA companies funding Hichilema

2014-12-07 22:48

A Zambian NGO has accused opposition leader Hakainde Hichilema of receiving financial backing from foreign companies - some of them from South Africa - for his 2015 presidential bid.

Big five gold mines to tackle lung disease

2014-11-18 19:01

Five of the country's largest gold mining companies have formed an industry working group to address occupational lung disease.

'Magnificent' diamond found in Cullinan

2014-09-09 12:26

A 232 carat white diamond of exceptional size and clarity has been found at Petra Diamonds' Cullinan mine, east of Pretoria, the company says.

BHP, Anglo seek to sell joint assets

2014-07-24 09:14

BHP Billiton and Anglo American are looking to sell their jointly owned manganese assets portfolio, according to a report.

Amplats mines 'not in fire sale'

2014-07-21 14:27

If Anglo American Platinum does not get the right price for the mines it wants to sell, it would consider listing them as a separate company, says its CEO.

Amplats to sell strike-hit mines

2014-07-21 09:33

World No 1 platinum producer Anglo American Platinum plans to sell its Union mine, a widely expected move after it was hit by a five-month strike.

Platinum pain dominates Anglo results

2014-07-17 11:59

Anglo American, smarting from a five-month strike, has reported a sharp drop in quarterly platinum output which overshadowed higher copper and iron ore production.

Anglo to sell its 50% stake in Lafarge

2014-07-07 10:02

Global miner Anglo American will sell its 50% stake in Lafarge for a minimum value of £885m on a debt and cash free basis.

Anglo American to sell some platinum mines

2014-06-29 22:00

Anglo American has put some of its platinum mines in South Africa up for sale in a move by chief executive Mark Cutifani to dispose of underperforming assets.

Gold mines move to crush silicosis suit

2014-06-08 17:56

Gold mining companies have filed thousands of pages of court papers to stop the historic class action by former mineworkers suffering from a lung disease.

Anglo American faces new silicosis protest

2014-04-24 14:02

The planned high profile protest at Anglo American's annual general meeting in London highlights renewed claims by miners suffering from the deadly silicosis disease.

Amcu strike's financial cost 'not full story'

2014-03-27 08:59

Platinum mining CEOs say Amcu's strike is also impacting local businesses and communities, while Lonmin has asked non-striking staff to take leave to cut costs.

Strike-hit Amplats suing union

2014-02-15 22:59

Mining giant Anglo American says it is suing a trade union for damages and losses suffered over the past three-week work stoppage.

Anglo vows to live up to Madiba's legacy

2013-12-06 08:52

Anglo American chief executive Mark Cutifani says without Nelson Mandela's legacy, South Africa would not have become the thriving country it is today.

Anglo American SA agrees on silicosis claims

2013-09-26 11:54

Anglo American South Africa has agreed on the settlement of stand-alone silicosis claims.

Anglo: Sick miners' settlement a win for all

2013-09-25 14:11

A settlement between Anglo American and former miners who had contracted silicosis while working for the company benefited all parties, the miner says.

Ramphele: Govt stealing from the poor

2013-08-21 22:19

The ANC government is abusing its power and has been stealing from impoverished people for over two decades, says Agang SA leader Mamphela Ramphele.

Anglo appoints CEO of copper business

2013-08-16 13:23

Global miner Anglo American says it has appointed Hennie Faul, currently group head of mining, as chief executive of its copper business.

New Anglo CEO to cut costs as profit dips

2013-07-26 11:30

Anglo American has vowed to slash spending and boost cash flow by $1.3bn a year by 2016 as it reported a 15% drop in first-half profit, says CEO Mark Cutifani.

No quick fix for Anglo's new boss

2013-07-24 19:40

Now that Anglo American's new boss has been four months on the job, investors are betting his plans will include cost cuts.

NUM set for De Beers strike

2013-07-05 12:48

The National Union of Mineworkers says its members will down tools at De Beers after wage talks reached a deadlock.

Senators urge Obama to block Alaska mine

2013-06-10 19:44

Five Senate Democrats are calling on US President Barack Obama to consider blocking construction of a copper mine in Alaska.

Strike fears as NUM seeks 60% pay hikes

2013-05-19 21:02

The intention of the National Union of Mineworkers to seek pay hikes of between 15% and 60%, has reignited fears of last year's deadly mine strikes.


Anglo to axe 60 000 jobs by 2017

2014-12-09 19:19

Anglo American's chief executive, Mark Cutifani, says the company aims to cut more than 60 000 jobs by 2017 as part of a wider re-organisation.

Sibanye, Northam vying for Anglo's Union mine

2014-12-04 14:18

Precious metals mining firms Sibanye Gold and Northam Platinum are among a group of suitors interested in Anglo American Platinum's Union mine.

In depressed platinum market, Amplats struggles

2014-10-01 19:07

Less than a year after ending an annual supply contract with its main buyer, Amplats is struggling to implement a new strategy of selling directly to end-users.

Anglo American's profit drops

2014-07-25 16:00

Anglo American's underlying operating profit has fallen in the six months to June, according to interim results.

Lonmin appoints Beamish as new chair

2014-07-22 16:53

Brian Beamish has been appointed Lonmin chairperson, following the retirement of Roger Phillimore, the platinum company says.

NUM opposes Amplats mines sale

2014-07-21 10:55

The National Union of Mineworkers says plans by Anglo American Platinum to sell some of its mines will result in job losses, which is punishment for poor workers.

Anglo to shed mines, cut 20 000 jobs - report

2014-07-21 07:54

Anglo American is set to unveil its plan to dispose of its oldest South African platinum mines, a move that would reduce the global miner's staff count by 20 000.

Strike-hit Anglo ups iron ore, copper output

2014-07-17 09:25

Miner Anglo American, smarting from a 5-month strike at its platinum operations, reported higher iron ore and copper output for the first half of the year.

Amplats says reviewing Rustenburg assets

2014-06-30 10:29

Anglo American Platinum, which has been hit hard by a crippling five-month strike that ended last week, says it is reviewing options for its Rustenburg operations.

De Beers set to glitter and sparkle

2014-06-12 05:00

De Beers expects global demand for polished gems to rise by up to 4.5% this year, thanks to the US market recovery and a buoyant China and India.

Sibanye seen as suitor for Anglo mines

2014-04-27 13:40

If Anglo American pushes ahead to divest underperforming platinum assets, a sale to Sibanye Gold is seen as the most likely option.

Anglo American seeks compensation

2014-04-13 13:00

Anglo American is seeking compensation from Venezuela over the 2012 cancellation of mining concessions by late president Hugo Chavez's government.

De Beers places bets on Angola mines

2014-03-25 10:19

The world's largest diamond miner by market value hopes to obtain a concession to explore in Angola by the end of this year, says De Beers chief executive.

Anglo American's ore output rises

2014-01-30 12:57

Anglo American 's iron ore production picked up more than expected in the fourth quarter, recovering from trouble at the division's largest mine.

Cutifani: Kumba must get its act together

2013-11-06 11:46

Anglo American CEO Mark Cutifani says in terms of current estimates Anglo's net debt will be about $16bn next year - more than the $14bn promised earlier.

Mines must act now over silicosis - lawyers

2013-09-25 19:17

Gold mines need to establish an industry-wide settlement scheme for silicosis victims following a deal with Anglo American, say the mineworkers' lawyers.

Africa's top coal port expands capacity

2013-08-28 15:20

Africa's biggest coal export port is to be expanded in a $192m investment designed to help smaller South African mining companies send their output abroad.

Amplats job cuts: NUM feels betrayed

2013-08-20 10:15

Companies and unions are locking horns in what could be the toughest ever talks over wages in the South African mining industry.

Coal prices rise on strike talks

2013-08-13 15:08

Coal has been trading higher for the first time in six weeks, as unions declared a wage dispute and buyers stocked up ahead of winter.

Silicosis suit: Anglo not yet off hook

2013-07-25 14:45

Gold miners have vowed to take their silicosis lawsuit against Anglo American to South Africa's courts, after a UK court refused to hear their case.

Amplats warns on unrealistic wage demands

2013-07-24 13:45

Amplats, the world's top platinum producer, has warned it could not afford "unrealistic" wage rises, as it continues to battle loss-making mines.

Many mineworkers die poor, says Holomisa

2013-06-18 07:00

Mining firms such as Anglo American and BHP Billiton should transfer some of their mining rights to the people, says UDM leader Bantu Holomisa.

JSE hit record high on weaker rand

2013-05-21 11:38

The JSE Top 40 blue-chip index has hit a lifetime high as a weaker rand currency helped boost some exporters such as Anglo American and Kumba Iron Ore.

Shocked miners plan next Amplats move

2013-05-10 18:11

Mine workers at Amplats say they didn't expect any job cuts after the company announced its plans to axe 6 000 jobs, more than half down from the initial 14 000.

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