SA platinum miners consider paying dividends

2019-10-03 16:10

It’s been a good year for South African miners as the rally in iron ore, gold and platinum-group metal prices boosted earnings and put dividends back on the agenda.

De Beers gem sales keep falling as buyers allowed to say no

2019-08-28 15:25

De Beers’s diamond buyers took the rare opportunity to reject stones from the biggest supplier as the company offered almost unprecedented flexibility to ease a growing crisis.

Billionaire Agarwal’s Anglo American adventure ends with a whimper

2019-07-26 14:57

It once looked like Anil Agarwal could shake up the mining industry by amassing the biggest stake in Anglo American. But in the end the Indian tycoon’s lack of financial firepower forced him to unwind his investment.

Glencore, Anglo mines pollute SA water – environmental activists

2019-07-03 21:01

Coal mines operated by companies such as Glencore and Anglo American are polluting parts of Mpumalangaas they fail to comply with their water licenses, says an environmental group.

Anglo to build a new diamond-mining boat in next growth move

2019-05-16 14:50

Anglo American will build a new diamond-mining boat to operate off the coast of Namibia, where it finds some of its most expensive stones, in the latest sign the company is willing to spend on growth.

Anglo CEO Cutifani: Mining industry facing unprecedented disruption

2019-02-04 13:38

Mining resources have declined over time, making it necessary to mine deeper and escalating the physical challenges involved, says Anglo American CEO Mark Cutifani.

The British Council's Mandela exhibition: history or corporate whitewash?

2018-09-19 08:49

The "Mandela and Me" exhibition at the British Council in London sponsored by Anglo American, completely ignores the company's role as a principal beneficiary of British colonial rule and the apartheid regime, writes Andy Higginbottom.

Mining firms set to spend $11bn in search of the next jackpot

2018-08-07 10:58

Miners and investors think the sector's heavyweights might be close to a new jackpot discovery.

Most silicosis claimants living in poverty, say lawyers

2018-05-03 21:21

Lawyers say it would be difficult to quantify the exact number of possible claimants to be covered in the R5bn silicosis settlement, and that the majority of them are living in poverty.

An Indian billionaire just poached AngloGold’s CEO. Here’s how it can help him take control of Anglo American.

2018-04-16 15:32

AngloGold Ashanti has lost its CEO to the Indian mining company Vedanta.


BHP approached Anglo American chief Mark Cutifani for CEO role, say insiders

2019-09-25 17:39

BHP Group has talked to Anglo American chief executive officer Mark Cutifani about running for the top job at the company, according to people familiar with the matter.

De Beers will let buyers reject more diamonds to fend off crisis

2019-08-14 16:34

De Beers will let buyers reject more diamonds at a sale next week as the mining company shows almost unprecedented flexibility to ease a growing crisis.

Nolitha Fakude announced as new chair of Anglo's SA management board

2019-07-24 10:24

Fakude says she is looking forward to 'working with government and regulators to help set up South Africa’s mining industry for long term success'.

Sasol's shock slump has wiped out billions - but it's not even among the 10 biggest one-day falls on the JSE

2019-05-23 16:48

It has been a tough week on the JSE, with Sasol losing 13% in a single session.

Anglo American vows to scrap $3 billion plan in Chile if opposition soars

2019-04-09 08:55

Anglo American will scrap its next big copper project if studies indicate the plan could harm nearby glaciers or there’s major opposition from local communities in Chile, a top executive says.

Spend don't splurge, investors tell miners as M&A, capex surges

2018-10-30 18:08

The world’s biggest miners are cranking up spending for the first time in half a decade as well as pursuing more takeovers - and investors are flashing hazard lights.

How Anglo quietly built a commodity trader in Glencore's shadow

2018-09-16 13:59

In just five years, the century-old miner assembled marketing operations that now sell more metals than the company produces.

Kumba Iron Ore: We're working with Transnet over derailments

2018-07-26 21:53

SA's largest iron ore miner says it is working closely with Transnet after six train derailments allegedly cost it R2bn.

Anglo American to suffer up to $400m dip in Ebitda for 2018

2018-04-25 09:12

Anglo American said their pipeline in Minas-Rio would be repaired and inspected in approximately 90 days.

Billionaire Agarwal hires AngloGold's CEO to run Vedanta

2018-04-16 14:04

AngloGold's Srinivasan Venkatakrishnan, who takes over from interim CEO Kuldip Kaura, will leave the mining group in late August to join Vedanta.

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