Anglo agrees to discuss takeover after BHP lodges ‘final’ proposal
ANGLO American on Wednesday rejected a third takeover proposal from BHP but has left the door open for negotiation, extending the deadline for talks...
Eskom turnaround sustainable, says Minerals Council
THE good news continued to flow at the Junior Indaba mining conference after Minerals Council chief economist Hugo Pienaar said Eskom’s improvement was sustainable...
Long road back for SA’s junior mining sector
INEFFICIENT administration, no working mining cadastral system, and a lack of government support for the mining industry have badly hampered the development of mining...
Cadastre hailed as turning point for minerals exploration
THE major problem holding back development of the junior mining industry in South Africa has been far too much talking and not enough action,...
Top Anglo shareholder backs group’s break-up plan
LEGAL & General Investment Management, one of Anglo American's largest shareholders, has come out in support of the group's break-up plan, according to a...
SA Govt. yet to progress new minerals cadastre
SOUTH Africa's Department of Mineral Resources & Energy (DMRE) is yet to sign a service level agreement with PGM Consortium, its preferred bidder for...
Anglo shareholders willing to accept adjusted BHP proposal
A BUMP in price and revised structure will be enough to tip Anglo American shareholders into accepting BHP's takeover proposal, according to a report on...
Glencore says organic growth, buy-backs preferred to M&A
GLENCORE CEO Gary Nagle said this week the Swiss headquartered miner preferred to invest capital in organic growth and share buy-backs rather than M&A.
"If...
Anglo places freeze on new job hires
ANGLO American has suspended hiring globally as it gets plans under way to simplify itself, according to a report by Reuters.
Published in BusinessLive, the...
Wanblad’s new deal leaves Anglo future finely balanced
THREE weeks after rejecting the first of two takeover proposals from BHP, Anglo American has finally played its hand — proposing a restructuring that...