Mining industry coming back from crisis

2017-02-21 18:27

The speed of the mining recovery is faster than anything that’s been seen in the past decade.

Anglo halts asset sales as unloved mines become cash cow

2017-02-17 19:31

Anglo American’s worst mines are delivering a windfall.

Anglo American chair Sir John Parker to stand down

2017-02-14 19:13

Sir John Parker will be stepping down as the chairperson of Anglo American.

Kumba to pay R2.5bn tax bill, shares dive most on JSE

2017-02-03 10:13

Kumba Iron Ore has been the biggest loser on the JSE after it announced it would pay the South African Revenue Service a R2.5bn tax bill.

Eskom at loggerheads with coal mine companies

2017-01-24 20:25

Eskom interim CEO Matshela Koko said that the power utility is entitled to make decisions about its assets at coal mines owned by Exxaro and Anglo American.

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 swings back to profit

2017-02-21 11:38

The mining giant has recorded a full-year profit attributable to equity shareholders of $1.6bn, marking a bounce-back from its $5.6bn loss reported in the prior year.

Anglo American's octopus lives to fight another day

2017-02-16 12:34

Analysts expect Anglo to post its first annual profit in five years. Shielded by that cloud of black ink, this octopus looks like it'll live to fight another day. David Fickling explains...

SA must lift above narrow individual interests - Cutifani

2017-02-06 10:54

Anglo American CEO Mark Cutifani believes all stakeholders in the mining industry should work to better serve the needs of its core stakeholders.

SHARE WATCH: Spotlight on selected resources, retailers

2017-01-30 15:27

Overberg Asset Management analyst Kirk Swart looks at recent noteworthy movements in resources and retail stocks in this week's five shares to watch.

Anglo shortlists bidders for its Eskom coal mines

2017-01-19 08:18

Anglo has shortlisted groups led by some of SA's most prominent black businessmen as bidders for several of its mines that supply Eskom with R13.6bn worth of coal a year.

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.

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