Union seeks meeting with Anglo over proposed coal mine sales
AUSTRALIA'S mining and energy union said it was seeking a meeting with Anglo American after the group's CEO Duncan Wanblad on Tuesday announced the...
Lucapa to sell 70% stake in Lesotho diamond mine, Mothae
LUCAPA Diamond Company is to sell its 70% stake in Lesotho mine Mothae following an asset review.
"On review, it is clear the company should...
Share overhang the price of Amplats’ autonomy, says analyst
THE proposed unbundling of Anglo American Platinum (Amplats) could result in a leaner, more cash generative company, but there could be an overhang in...
Amplats dives 8% following Anglo spinoff plan announced
SOUTH African mines and energy minister may have warmed towards the unbundling of Anglo American Platinum (Amplats).
Asked by Bloomberg News what he thought of...
Wanblad labels BHP takeover pitch “disrespectful” to SA
DUNCAN Wanblad, CEO of Anglo American labelled BHP's two-step demerger and takeover proposal as "disrespectful" to South Africa, adding that his company's treatment of...
Anglo to cut ties with Amplats, De Beers in historic restructure
ANGLO American today announced a radical restructure – its most far-reaching in decades – in which it would demerge its 79% owned Anglo American...
Anglo to launch defence after “accelerating” strategic review
ANGLO American will on Tuesday unveil its eagerly anticipated defence against BHP's takeover proposals after saying today it had accelerated a strategic review.
"The board...
Anglo rejects improved all-share takeover proposal from BHP
BHP increased its all-share takeover proposal for Anglo American by offering 0.8132 shares for each Anglo share – an improvement that was today (May...
SA platinum supply to fall 2% in 2024, says WPIC
PLATINUM was heading for another supply deficit this year calculated by the World Platinum Investment Council (WPIC) at 476,000 ounces. The metal recorded a...
AngloGold bets on H2 after tropical storm lashes Australian mines
ANGLOGOLD Ashanti increased first quarter gold production despite heavy rains that pummelled its Australian operations. Tropicana – a mine northeast of Kalgoorlie in Western...