Anglo, South Africa set to pay end miner's lung-damage battle

2017-09-01 11:31

Former workers who have contracted deadly lung diseases in South African gold mines decades ago may soon finally receive compensation.

300% rally has investors question Anglo's plan to sell

2016-10-27 16:15

When a firms quadruples in value over nine months, it’s unusual for the biggest investors to say management has the wrong strategy.

Eskom CEO vs Anglo: No holds barred

2016-07-21 15:22

Brian Molefe came out guns blazing at Eskom's full-year results presentation, aiming at Anglo American and speaking his mind on banks closing Gupta accounts, BEE and nuclear power.

Eskom says Anglo coal is a rip-off

2016-07-07 07:20

Eskom believes that the coal supplied by Anglo American's New Denmark Collier is far too expensive,

Why silicosis judgment is important

2016-05-13 19:24

The Treatment Action Campaign and SECTION27 have welcomed the judgment handed down in the silicosis class action case against mining companies.

Anglo to sell business units for $1.5bn

2016-04-28 19:30

Anglo American has agreed to sell its niobium and phosphate businesses to China Molybdenum for $1.5bn in cash in its first big disposal.

A small-town story of the resource curse

2016-03-08 13:23

Anglo American recently announced that it will cut around 4 000 jobs at its Sishen mine in Kathu, Northern Cape. finweek considers why development dependent on natural resources can be ruinous.

Anglo said to work with Bank of America on coal mine sales

2016-02-18 10:11

Anglo American is working with Bank of America on an expanded sale process for its non-core coal mines in Australia, according to people with knowledge of the matter.

Chamber opposes joint court bid over Mining Charter

2016-02-16 10:20

The Chamber of Mines says its court application on disputed black ownership rules will be delayed if a request to nullify SA’s mining laws is heard at the same time.

Anglo sees impairments of up to $4bn on iron ore, coal

2015-07-16 09:16

Anglo American expects to record non-cash impairments of $3bn to $4bn relating to its iron-ore operations in Brazil and some Australian coal assets as prices declined.


Anglo faces platinum test in SA spinoff

2016-12-06 06:39

Anglo American is facing a showdown with its biggest investor, PIC which wants the miner’s prized platinum assets included in any divestment of its local operations.

Anglo jumps above £10 as century-old miner back from brink

2016-10-04 11:17

A rally in Anglo American has pushed its stock above £10 for the first time in over a year after a rebound in commodity prices and cuts in its debt brought it back from the brink.

Mine firms file leave to appeal silicosis, TB ruling

2016-07-15 15:27

The six companies that are members of the Occupational Lung Disease Working Group want leave to appeal against a class action certification judgment.

SA seen avoiding another crippling platinum strike

2016-05-20 10:13

Anglo American Platinum and the Association of Mineworkers and Construction Union, who are preparing for new labour talks agree they don't expect major interruptions.

Silicosis ruling not on merit - mine companies

2016-05-13 14:10

The court finding enabling a silicosis class action suit against 32 SA miners does not represent a view on the merits of their case, caution the companies.

De Beers expands diamond sales

2016-04-12 13:53

De Beers has increased diamond sales at its third offering this year in a sign of recovering demand for rough gems after a slump last year.

Anglo cut to junk for third time this week on S&P downgrade

2016-02-18 19:05

Anglo American’s credit rating has been cut to junk by Standard & Poor’s, following similar downgrades by Moody’s Investors Service and Fitch Ratings.

Anglo American looks to cut debt through asset sales

2016-02-16 19:50

Anglo American says it plans to sell its iron ore, coal and nickel units as part of a sweeping strategic overhaul to cope with a commodities rout.

What is the outlook for commodities?

2015-12-30 07:30

The fall in commodity prices came as a surprise. Should we expect metals to recover in 2016? David McKay examines the sector.

NUM members down tools at Anglo coal mine

2015-04-08 16:56

Members of the National Union of Mineworkers have stopped working at an Anglo American coal mine in Mpumalanga, demanding the removal of the general manager.

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