Anglo American

Anglo American iron ore division earnings fall, but beat estimates

Cecilia Jamasmie | July 22, 2014
Anglo American iron ore division earnings fall, but beat estimates

Anglo's unit Kumba plans to almost double production by 2030.

De Beers changing its diamond sales model

Cecilia Jamasmie | July 22, 2014
De Beers changing its diamond sales model

The world's largest diamond miner by market value said it will adopt a more flexible sales approach.

Slow growth spoiling China’s appetite for coal

Cecilia Jamasmie | July 14, 2014
Slow growth spoiling China’s appetite for coal

In the first half of 2014, the country’s coal imports grew just 0.9%, compared with 13.3% a year earlier.

Diamond industry recovers place in miners’ hearts on climbing demand, prices

Cecilia Jamasmie | July 8, 2014
Diamond industry recovers place in miners’ hearts on climbing demand, prices

Sector now delivering some of the healthiest returns for many of the world’s biggest miners, including Rio Tinto and Anglo American.

Namibia advances plans of selling diamonds without De Beers

Cecilia Jamasmie | July 4, 2014
Namibia advances plans of selling diamonds without De Beers

Minister of Mines and Energy Isak Katali said the idea is to give diamond dealers and manufacturers the opportunity to buy directly from locals.

Sibanye Gold mulling move into platinum industry by year-end

Cecilia Jamasmie | June 30, 2014
Sibanye Gold fine-tunes details for Anglo’s platinum assets buyout

South Africa’s top gold producer is said to be going ahead with plans to expand into the country’s platinum sector before the end of the year.

Anglo American not interested in Simandou north

Frik Els | June 26, 2014
Anglo American not interest in Simandou north

Diversified giant Anglo American won't be bidding for the one of the greatest iron ore prizes anywhere in the world.

Colombia’s coal output recovering fast — up 33.8% in Jan-March

Cecilia Jamasmie | June 23, 2014
Work resumes at New Zealand Escarpment coal mine

Total coal exports, however, fell 13.1% in the quarter, from 17.4 million tons in the first quarter of 2013 to 15.1 million tonnes in the same period this year.

Australia’s mining jobs running dry as sector growth slow

Cecilia Jamasmie | June 19, 2014
Australia’s mining jobs running dry as sector growth slow

The country's mining industry has lost 6,600 workers in the three months to May.

Diamond demand to climb 4.5% this year — De Beers

Cecilia Jamasmie | June 12, 2014
Diamond demand to climb 4.5% this year — De Beers

De Beers, the world's largest diamond miner by market value, is also bracing for a rough diamond demand rush.

Alaska to join Pebble Partnership in lawsuit against EPA over mine project

Cecilia Jamasmie | June 5, 2014
Alaska to join Pebble Partnership in lawsuit against EPA over mine project

They oppose the agency's latest decision, which may block development of the Pebble mine before any permit application has been filed.

Miners profits sank 72% over past year, lowest level in a decade

Cecilia Jamasmie | June 5, 2014
Miners profits sank 72% over past year, lowest level in a decade

Global net profits have dropped to $20 billion in the last year, with gold, coal and diversified miners being the worst affected.

Major new coal projects unlikely to be profitable: Goldman Sachs

Cecilia Jamasmie | May 29, 2014
Major new coal projects unlikely to be lucrative: Goldman Sachs

The bank analysts say the window for profitable investment in new thermal coal mining and infrastructure capacity “has closed.”

EPA sued over process that could block Pebble Mine in Alaska

Cecilia Jamasmie | May 23, 2014
EPA sued over process that could block Pebble Mine in Alaska

The suit says the agency may kill the project before mine plans are finalized or it’s evaluated through the permitting process.

South African platinum strike talks going nowhere

Julienne Bay | May 13, 2014
Wage talk with AMCU going nowhere in South Africa

He added that the miners are demanding their wages to more than double, an increase the three companies say is unaffordable.

Mozambique to open new round of coal bids

Frik Els | May 12, 2014
Mozambique to open new round of coal bids

Following adoption of new mine ownership law for coking coal-rich southern African nation.

Iron ore price plunges to 6-week low, producers hammered

Frik Els | April 28, 2014
Iron ore price plunges to 6-week low, producers hammered

Iron ore price drops 2.2% as stockpiles in China surge to new record and worries over country's property market mounts.

Platinum strike doesn’t get to spoil Anglo American’s first quarter results

Cecilia Jamasmie | April 24, 2014
Platinum strike doesn’t get to spoil Anglo American’s first quarter results

Platinum output fell by nearly 40% as a consequence of a more than three-month strike over pay in the sector South Africa.

Brazil’s iron miners risk losing market share to Australian competitors

Cecilia Jamasmie | April 16, 2014
Brazil’s iron miners risk losing market share to Australian competitors

Brazil's mining sector is expected to see slower average growth rates through 2018 compared with previous years, a report by Business Monitor shows.

Anglo American seeks $600 million compensation from Venezuela

Cecilia Jamasmie | April 14, 2014
Anglo American seeks $600 million compensation from Venezuela

The miner became the latest corporation to sue the nation over the way it has treated foreign companies during Hugo Chavez administration.

De Beers returns to Angola with new exploration deal

Frik Els | April 10, 2014
De Beers returns to Angola with new exploration deal

De Beers' explored for diamonds in the Southern African nation between 2005 and 2012, but relinquished its concession after finding no economically viable project.

Rio Tinto walks away from massive Pebble copper-gold project

Cecilia Jamasmie | April 7, 2014
Rio Tinto walks away from massive Pebble copper-gold project

Rio becomes the second large diversified miner, after Anglo American, to back out of the project in less than seven months.

Chile’s mining area hit by 7.8 magnitude aftershock, President evacuated

Cecilia Jamasmie | April 3, 2014
Chile’s mining area hit by 7.8 magnitude aftershock, President evacuated

The aftershock was the strongest of several that have followed Tuesday's massive 8.2-magnitude. Mining operations remain unaffected.

Declining coal prices to hit producers even harder

Cecilia Jamasmie | March 31, 2014
Declining coal prices to hit producers even harder

Australian coal miners to be the most affected.

Glencore Xstrata shutting Australia’s Ravensworth coal mine down

Cecilia Jamasmie | March 27, 2014
Glencore Xstrata shutting Australia’s Ravensworth coal mine

The miner blamed the decision on weak coal prices, high costs and a strong local dollar.

Chile’s new mining minister to take the industry by surprise… or not

Suzanne Soto | March 10, 2014
Chile’s new mining minister to take the industry by surprise… or not

Aurora Williams, Chile’s new mining minister, takes office on Tuesday.

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