Anglo American

Africa Mining: Anglo American to explore base metals in Angola

Posted on September 18, 2018September 18, 2018 by Mozambique Resources Post

The Anglo American group intends to invest in Angola’s mining sector and has submitted an application for concession of three areas to prospect for base metals, and a letter of intent was presented last week by the group’s director for Southern Africa, Andy Lloyd, to the Minister of Mineral Resources and Oil, Diamantino Azevedo.

Global Markets: War on coal making the world’s top mine owners a lot richer

Posted on May 8, 2018 by Mozambique Resources Post

The world’s war on coal is making its biggest producers a lot richer, at least for now.

Mining & Sustainability: Anglo American commits to ambitious sustainability strategy

Posted on March 15, 2018 by Mozambique Resources Post

Diversified mining company Anglo American has outlined an innovative approach to three major areas of sustainability – the environment, community development, and driving greater trust and transparency across the mining industry.

Africa Mining: Anglo American concludes sale of three coal mines in South Africa

Posted on March 2, 2018 by Mozambique Resources Post

Anglo American (LON:AAL) has completed the sale of three Eskom-tied thermal coal operations in South Africa to Seriti Resources, a group of black-controlled companies for R2.3 billion (about $164 million).

Africa Mining: Anglo American Calls for Better Mining Regulations in South Africa

Posted on February 7, 2018 by Mozambique Resources Post

Norman Mbazima, deputy chairman of major diversified miner Anglo American (LSE:AAL), had strong words for South African regulators on Monday (February 5). Speaking at a keynote address at this year’s Cape Town-based Mining Indaba conference, Mbazima focused on “what is required to encourage investment back into South Africa’s mining industry,” suggesting that it is a topic that needs “an honest airing.”

Africa Mining: Anglo American exits South African coal with sale of New Largo mine

Posted on January 30, 2018 by Mozambique Resources Post

Anglo American (LON:AAL) has officially left the coal sector in South Africa with the sale of its New Largo mine to a group of black-controlled companies.

Africa Mining: Kumba Iron ore earnings up by 53%

Posted on July 26, 2017 by Mozambique Resources Post

Shares in Kumba Iron Ore (JSE:KIO) rallied Tuesday after the miner announced it would reinstate dividends after a two-year hiatus thanks to stronger prices for the steelmaking ingredient earlier this year.

Africa Mining: South African union reaches tentative wage deals with platinum trio

Posted on October 24, 2016 by Mozambique Resources Post

The Association of Mineworkers and Construction Union has reached tentative wage deals with Anglo American Platinum, Impala Platinum, and Lonmin, following almost two months of unfruitful negotiations.

Global Mining: With iron ore prices in free fall, S&P’s warns of imminent downgrade for several miners

Posted on April 15, 2015 by Mozambique Resources Post

The risk rating agency Standard & Poor’s said on Monday it may cut in two or three weeks the notes of risk of several renowned mining due to lower prices estimated for iron ore in this and the coming years.

Africa Mining Industry: Workers strike at Anglo’s coal mine in South Africa

Posted on April 9, 2015 by Mozambique Resources Post

Members of South Africa’s National Union of Mineworkers (NUM) downed tools Wednesday at Anglo American’s (LON:AAL) Kleinkopje coal mine in South Africa, demanding the removal of the general manager. “They are on strike as we speak,” NUM spokesman Livhuwani Mammburu told Reuters, adding that 421 of its members were involved in the labour action.

1 2 »