Hummingbird to restart production at Guinea mine, Kouroussa
HUMMINGBIRD Resources said its Kouroussa gold mine in Guinea would be ramped up to "commercial production" from the third quarter after the mine's contractor...
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 targets relatively quick sale of Australian coal mines
ANGLO American said the sale of its metallurgical coal mines in Australia are the least challenging part of a radical restructuring in which it...
Costs catching up with gold miners’ near record margins
AT this time of near-record gold prices, it’s worth asking whether JSE-listed miners of the metal have ever had it so good.
Three companies were...
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...