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Anglo logs upbeat results, but Minas Rio, Amplats still a thorn in Cutifani's side

Cecilia Jamasmie | April 19, 2013
Anglo logs upbeat results, but Minas Rio, Amplats still a thorn in Cutifani's side

The miner's first-quarter output was higher across most commodities including copper, iron ore and diamonds.

Copper strike will cost Chile up to $35 million

Cecilia Jamasmie | April 9, 2013
Copper strike would cost Chile’s Codelco over $35 million

If all major copper mines in Chile halted their operations for a day, the country would lose more than $120 million in copper exports alone.

Chile’s Codelco resumes shipments but faces nationwide strike on Tuesday

Cecilia Jamasmie | April 8, 2013
Chile’s Codelco resumes shipments but faces nationwide strike

Mining workers will strike for a day at all of Codelco's divisions and at all large-scale private mines on Tuesday.

Chile’s port strikes hitting fruit more than copper: experts

Cecilia Jamasmie | April 5, 2013
Chile’s port strikes hitting fruit more than copper: experts

Unrest comes against a backdrop of a presidential election year and may heavily weigh on the results.

Brazil environmental watchdog charges Anglo with a $10m fine over port accident

Cecilia Jamasmie | April 4, 2013
Brazil environmental watchdog charges Anglo with a $10m fine over port accident

The incident forced Anglo to halt shipments from the operation, where it produced 6.1 million tonnes of iron ore last year.

Japan gets the green light to mine coal in Mozambique

Cecilia Jamasmie | April 4, 2013
Mozambique mine

The mine, scheduled to start operating in 2016, is expected to produce 5 million tonnes of coking coal a year.

Anglo abandons $555 million coal venture in Mozambique

Cecilia Jamasmie | March 28, 2013
Anglo abandons $555 million coal venture in Mozambique

The country's coal industry has faced a number of challenges in recent months.

Shareholders should rein in expectations or quit mining sector: Cynthia Carroll

Cecilia Jamasmie | March 26, 2013
Shareholders should rein in expectations or quit mining sector: Cynthia Carroll

She said investors need to understand “what it really takes to deliver projects.”

Anglo’s Kleinkopje coal miners in South Africa back to work, but fear of new strikes persists

Cecilia Jamasmie | March 14, 2013
Anglo’s Kleinkopje coal miners in South Africa back to work, but fear of new strikes persists

Investors alarmed as they witness what seems to be a repeat of protests which shook Africa's biggest economy last year.

Anglo American takes $4bn hit on Brazil Minas Rio

Cecilia Jamasmie | January 29, 2013
Shareholders should rein in expectations or quit mining sector: Cynthia Carroll

Several delays and mounting development costs are to blame.

Cutifani lined up for top job at Anglo

Cecilia Jamasmie | January 7, 2013
Mark Cutifani, Anglo American

Two sources familiar with the situation said Cutifani will replace Carroll.

Rio Tinto and Anglo sell Palabora to Chinese group

Cecilia Jamasmie | December 11, 2012
Rio Tinto and Anglo sell Palabora to Chinese group

Mining giants Rio Tinto and Anglo American are selling a 74.5% shareholding in the South African copper company Palabora Mining to a consortium of Chinese and South African firms, in a deal valued at about $611 million.

Anglo board reportedly considering cellphone titan for CEO

Frik Els | November 26, 2012
Anglo board reportedly considering cellphone titan for new CEO

"Appointing Nhleko as CEO will come out of the blue for international investors."

Seven familiar names shortlisted to head Anglo

Cecilia Jamasmie | November 26, 2012
Seven familiar names shortlisted to head Anglo American

Well-known executives headhunted from major mining companies such as BHP Billiton, AngloGold Ashanti, Barrick Gold and Xstrata have made the cut to become Anglo American’s new CEO.

Amplats announces transfer of 51% of Zimbabwe mine to locals

BrightWire News | November 1, 2012

Anglo Platinum announced today that it is transferring 51% ownership of its Unki mine in Zimbabwe to locals. The decision came after President Robert Mugabe's administration pressured Amplats to do so.

Cynthia Carroll cautions against marginalization of women in European boardrooms

BrightWire News | October 26, 2012

Cynthia Carroll, the CEO of Anglo American who announced her resignation earlier today, has warned investors that calls for quotas regarding the number of women required to serve on European firms' boards of directors may reduce women to having a token presence.

Cynthia Carroll yields to pressure and leaves Anglo

Cecilia Jamasmie | October 26, 2012
Cynthia Carroll at Indaba

Where there is smoke… After several reports of Anglo American’s (LON:AAL) shareholders disappointment at both the company’s overall performance and her CEO, Cynthia Carroll, she has finally left the company.

Standard and Poor's cuts Anglo American's outlook to negative

Cecilia Jamasmie | October 17, 2012
cynthia_carrol_anglo_american

Global credit rating firm Standard and Poor's (S&P) downgraded Wednesday its outlook on Anglo American PLC (LON:AAL) to negative from stable as a result of growing concerns about the effects of South Africa’s mining strikes on the company's mining operations and on the wider economy.

We will not consider wage demand, says Amplats CEO

BrightWire News | September 26, 2012

Chris Griffith, CEO of Anglo American Platinum, said the company will not consider wage demands by the striking workers.

Anglo American completes acquisition of De Beers

MINING.com Editor | August 17, 2012
acquisition

Anglo American (LON:AAL) has completed its acquisition of a 40% stake in the De Beers Group from the Oppenheimer family, which has had a major ownership stake in the diamond mining, distribution and marketing company for more than 80 years.

Here we go again: Anglo, Codelco talks extended

Cecilia Jamasmie | July 12, 2012
delay 333

London-based Anglo American and Chile's state-owned Codelco have not come to an agreement, said the world’s largest copper producer Thursday, instead they have agreed to extend the talks until mid August.

Argentina’s glaciers law won’t affect Pascua Lama: Barrick

MINING.com Editor | July 6, 2012
parachute

Barrick Gold, the world's largest gold company, said a new ruling outlawing mining near glaciers in Argentina will not interfere with its Pascua-Lama mine, one of the world’s largest new projects targeting the precious metal.

July 6, 2012: The day the Oppenheimers said goodbye to De Beers

Cecilia Jamasmie | July 6, 2012
2012-mining-billionaires-21-nicky_oppenheimer

The Oppenheimer family, controller of giant diamond miner DeBeers since 1927, has officially let go of its 40% stake in the company after South Africa’s Mineral Resources Minister approved the acquisition by Anglo American.

Glaciers stop progress of Barrick Gold’s mining plans in Argentina

Cecilia Jamasmie | July 4, 2012
glacier 333

The world's largest gold company, Barrick Gold, suffered a major setback Tuesday as the Argentine National Supreme Court reversed preliminary injunctions on glacier protection law, now back in full force for all mining companies.

Anglo and Codelco like the boy who cried wolf: dispute deadline moved to July 17

Cecilia Jamasmie | June 25, 2012
Anglo Codelco 333

London-based Anglo American and Chile's state-owned Codelco did not came to an agreement on Friday over disputed copper assets which has had the miners engaged in a bitter legal confrontation for months.

Anglo and Codelco's bitter dispute over copper assets in Chile may end this Friday

Cecilia Jamasmie | June 20, 2012
surrendering 333

London-based Anglo American (LSE:AAL) and Chile's state-owned Codelco have set this Friday as the deadline to resolve a dispute over billions of dollars in copper assets.

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