Anglo prepared to be opportunistic
Anglo American CEO, Mark Cutifani, said his company was prepared to be opportunistic in assessing potential acqusitions despite the commodity price slump.
De Beers seeks to become leaner
De Beers, the diamond group in which Anglo American has an 85% stake, is to introduce more automation in an effort to become a leaner organisation.
Rwanda expects to double mining revenue
A new mining tax due to be implemented next year would help Rwanda to a doubling of revenue from mining activities.
SA wage talks to kick off in mid-July
It was crucial unions and employers decided upon a protocol on what was acceptable behaviour ahead of wage talks due to kick off in mid-July.
Gem discovers 100 carat Letseng diamond
Gem Diamonds said it had recovered a 100 carat diamond from its Letseng mine in Lesotho which sent the UK listed firm's shares 8% higher.
AMCU submits gold industry wage demands
AMCU has filed its list of wage and benefit demands ahead of gold wage negotiations which include a 100% increase for certain worker levels.
Gold mine collapse kills 40
The collapse of a small-scale mine in the Central African Republic killed at least 40 people, according to a statement from the country's presidency.
Outlook for miners ‘grim’, warns Cutifani
The outlook for mining companies looked 'grim', especially for thermal coal firms, said Mark Cutifani, CEO of Anglo American.
SA copper theft tops R9m in May
Copper theft in May in South Africa topped R9m, down from the R10m in the previous month, said the South African Chamber of Commerce and Industry.
Newcrest write-down first of many: analysts
Newcrest Mining's record $5.5bn write-down might be the first of many in the gold sector owing to price weakness.