Anglo American Mining News

De Beers says lab-grown diamond wholesale prices fall by up to 60%

De Beers has invested in a synthetic diamond factory in the U.S. state of Oregon, which should produce more than half a million rough carats a year in 2020.

Anglo American core profit beats, on journey to 'zero harm'

No degree of financial performance is worth a life.

How South African mines cope with power cuts

The utility gives the industry notice to reduce their power consumption by 15–20% when the national grid is at its tightest.

Buybacks and bumper profits on the cards as mining giants report

Big mining has remained stubbornly focused on shareholder returns, rather than spending on acquisitions and big-ticket projects.

Anglo American lays off 180 workers at Chile copper mine

The layoffs were necessary to combat rising costs at the mine, Anglo American said in a statement.

Anglo American rides out iron ore hitches in strong 2018

Copper production reached a five-year high, more than offsetting output declines at Minas Rio in Brazil and Kumba in South Africa.

Mining’s biggest jobs are up for grabs. Here are the contenders

Some of the mining world’s top executives are starting to plan their departures.

Anglo American begins quest to unearth next CEO

Company sources say Cutifani is happy to stay beyond his 2020 mandate and that shareholders are not against the idea, but they added that Duncan Wanblad, promoted early this month to group director of strategy and business development, is regarded as a potential successor.

Chile's copper production to exceed 6 million tonnes for first time in 2019

Production of the red metal, the agency says, could reach a record of 7.25 million tonnes as early as 2025.

Anglo American management shake-up sees Brazil-based CEO replaced

Ruben Fernandes, who has led the company’s iron ore and nickel interests in the South American country for almost three years, will become CEO of Base Metals effective March 1.

Chile monthly copper output highest in 13 years

Ore grades and efficient processing increase output in the world's top producer of the red metal.

Eight months and millions later, Anglo American restarts Minas Rio mine

The massive iron ore mine was expected to produce 16 million tonnes this year, but that will now generate just 3 million tonnes of the steelmaking material.

Miners are budgeting for a recovery in copper

Don’t listen to what miners say. Look at what they do.

Australian rail workers postpone coal haulage strikes as cyclone looms

Aurizon's 4 major railways in the Bowen Basin of Queensland, the world's largest coking coal export region, carry coal from mines owned by BHP Billiton , Glencore , Anglo American and Peabody Energy.

Anglo ending 2018 on high note, predicts higher output, lower costs

The diversified miner anticipates 2018 production to be 2% ahead of previous guidance and costs to be 5% below.

Altamira expands land position in Brazil

The Vancouver-based miner submitted an application to expand to 300,000 hectares its land position at the Firminho project.

Anglo CEO says investor confidence returns to South Africa

Anglo American mines platinum, coal, diamonds and iron ore in South Africa.

Anglo American to increase copper production in Chile

The revised guidance is part of the company's ongoing progress in a number of low cost copper growth opportunities.

Copper output to spike in world’s top producer Chile

Copper output in Chile, the world’s top producer of the metal, is expected to increase 4% in 2019 and continue to grow steadily during 2019 due to stronger performance from major mines, upgrades to existing operations, and lower risk of labour strikes.

Zimbabwe platinum miners plan base-metal refinery, minister says

The processing plant has been under consideration since at least 2014.

Anglo finds returns outweigh risks as it renews Africa focus

The storied miner is going where larger rivals fear to tread, returning to its African roots to tap mineral assets with compelling returns.

Glencore posts rise in copper, cobalt output on Katanga restart

Glencore's copper production rose to 1,063,100 tonnes from the start of this year and cobalt output jumped 8,700 tonnes to 28,500 tonnes.

De Beers to build Chidliak as FutureSmart mine

De Beers acquired Peregrine and all its Canadian projects in a friendly deal in September for 24 cents a share or $107 million.

Anglo will dig more platinum and diamonds than expected

While prices remain stagnant and demand uncertain, the company is churning out more stones than at any other time in the past decade.

De Beers eyes tech markets for synthetic diamonds future

Anglo American unit De Beers is going after lucrative as it aims to expand its lab-grown diamond business beyond drilling and cutting.