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...
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...