Cutifani lined up as Carroll successor – reports
Mark Cutifani is at the forefront of a shortlist to replace Cynthia Carroll at Anglo American according to report which add an announcement is due in two weeks.
Anglo poised to name Cutifani CEO: FT
The UK newspaper reported on Monday evening that Anglo American could make an announcement as early as Tuesday (January 8).
Harmony may mothball loss-making Kusasalethu
The west Rand mine is to produce a R150m net loss for the December quarter as management seeks to quell anarchy on the mine.
CoAL secures offtake with Vitol
Coal of Africa has agreed to supply Vitol and eased its financing burden in which it is not required to pay for its share of a port expansion at Maputo.
Anglo sells 70% stake in Brazil’s Amapá
Anglo American has sold its non-core Amapa iron ore mine in Brazil to Zamin Ferrous
for an undisclosed fee, the group said.
Zesco to build $249.3m power line
Zambia's state-owned power company is to build a $249.m power line supplying 330Kv in electricity to mines in the region including Barrick Gold's Lumwana.
Zimbabwe may reduce mining fees
Zimbabwe said it would halve mining fees after companies, including Impala Platinum, said they were hindering development.
Anglo leads market as outlook powers rerating
Anglo American was among a raft of mining stocks that kicked off 2013 in style as the US sidestepped its fiscal cliff and China sounded bullish on growth.
Rockwell “optimistic” on 2013 price growth
Rockwell Diamonds CEO, James Campbell, said an inventory of diamonds would allow the company to capitalise on any improvement in the world diamond market.
Sundance Hanlong bid boosted by permit
The A$1.14bn bid for Australian firm Sundance Resources was given a timely boost after authorities in the Republic of Congo granted a mining permit.