Home News Page 904

News

Amplats unveils plan to cut 400koz, 14,000 jobs

0
Anglo American Platinum has unveiled its restructuring plan which perhaps goes further than some analysts expected yet may rile unions as the jobs cuts are deep.

Amplats restructure plan unleashes political storm

0
A proposal to cut production and jobs has backfired in the most spectacular circumstance for Amplats with Government accusing it of complex mineral hoarding.

Randgold says mines unaffected by airstrikes

0
The intervention of French military forces in Mali would not affect the mines of Randgold Resources which were located some 700km from the conflict zones.

Amplats to cull Union mine, says report

0
Anglo American Platinum was likely to target Union mine, the 254,000 ounce a year operation when it unveiled its restructuring plans, speculated to be on January 15.

Cutifani to face familiar break-up calls

0
Anglo American shareholders are likely to pressure Mark Cutifani to split out the assets of Amplats when he takes the helm at the UK-listed mining group.

Zimbabwe to lower royalties in Implats deal

0
In addition to acknowledging Impala Platinum's 'release of ground' deal, the Zimbabwean government will also lower royalties.

Amplats slides into loss, output to be 2.1m oz

0
Anglo American Platinum will report heavy losses amid write-downs of uneconomic projects and production decline that is likely to see 2.1m oz in refined output.

Implats finally bows to Zim indigenisation laws

0
After more than a decade of controversy, it seems that Impala Platinum has finally bowed to Zimbabwe's indigenisation laws.

Implats deal provides certainty: Goodlace

0
Impala Platinum CEO, Terence Goodlace, said the sale of 51% of the firm's Zimplats stake ended years of uncertainty.

SA ships most coal since 2006: RBCT

0
Richards Bay Coal Terminal exported the most coal in more than six years, according to RBCT data