Guptas just another Anglo, Glencore CEO to Zwane

2016-02-08 15:07

Mineral Resources Minister Mosebenzi Zwane has compared his relationship with the Guptas with that of Anglo American CEO Mark Cutifani and Glencore CEO Ivan Glasenberg.

Kumba Iron Ore sees 2015 profit plunging

2016-02-03 09:52

Kumba Iron Ore is expecting full-year earnings to plunge as much as 67% as it battled slumping prices for the steel-making ingredient.

Anglo leads mining slump as China turmoil batters commodities

2016-01-07 12:28

Anglo American and Glencore have led a slump in mining stocks to the lowest in over a decade as prices tumbled on fears China woes will cut demand for raw materials.

Anglo American agrees to R550m sale of Australian coal mine

2015-12-27 15:00

Anglo American has agreed to sell its Dartbrook coal mine in Australia for about $36m as the company sheds assets as part of a drastic downsizing.

Anglo shares tumble after it suspends dividends

2015-12-08 14:02

Anglo American has dropped to a new record low after scrapping its dividend for the first time since 2009 and pledging deeper spending cuts.

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.


It's about survival at Anglo American

2016-02-08 14:44

When Mark Cutifani took over running Anglo American in April 2013, things were already going from bad to worse.

Anglo iron output up as Brazil mine offsets Kumba drop

2016-01-28 11:41

Anglo American has produced more iron ore last year after higher production at its Minas-Rio mine in Brazil made up for lower output from its Kumba subsidiary.

Global miners steel for worse after torrid year

2015-12-27 17:00

Global miners are battling as tumbling commodity prices and supply gluts are set to force more closures and massive cuts in 2016, analysts say.

Why Anglo is forced to cut 85 000 jobs

2015-12-09 10:49

Anglo American has announced an eye-watering package of asset sales, mine closures and job cuts and says it aims to employ 50 000 people, 85 000 fewer than now.

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.

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