Anglo American

BHP Billiton to restart manganese operations in Tasmania by the end of August

BHP Billiton (NYSE:BHP) surprised the market this morning with good news by announcing it will restart its TEMCO manganese operations in Tasmania by the end of August.

Anglo American Platinum to adopt fuel cell locomotive

Anglo American Platinum (Amplats), the world’s largest platinum producer, launched today the first of five fuel cell-powered locomotive prototypes to be tested at its mining operations in South Africa.

Colombia to spend nearly $1.3 billion in coal-related ports expansions

Colombia’s leading coal producers are increasing investments dramatically to improve and expand their ports, in what is considered a key move for rising coal production in the country to 120 million tons within by 2014.

Chilean court denies Codelco bid to freeze Anglo American's dividends

Diversified miner Anglo American Plc. (LON:AAL) announced today the 14th Civil Court of Santiago has rejected state copper giant Codelco's latest petition to freeze 49% of the dividends paid by the Sur Division of the London-based miner.

Anglo American sells South African Scaw Metals Group for $430 million

Diversified miner Anglo American Plc. (LON:AAL), announced today it has sold the South African Scaw Metals Group business for $430 million to a group of partners, on a move to refocus on its core mining business.

British government urges Anglo American and Codelco to reach amicable resolution

Chile's state-owned mining company Codelco, the world's largest copper producer London-based Anglo American (LSE: AAL) should try reaching a negotiated solution to the ongoing dispute about Codelco’s stake in Anglo’s Sur unit, said British ambassador to Chile, Jon Benjamin.

Anglo American and Xstrata among four companies accused of environmental violations in Australia

Anglo American (LON:AAL) and Xstrata (LON:XTA) coal mines are among the four operations being investigated over probable environmental violations, after they were accused of discharging contaminated water into the Fitzroy River, located in the North East state of Queensland, Australia.

Anglo American faces new obstructions to Minas Rio

Anglo American has halted preliminary work for installation of a power line at its Minas Rio iron ore project in Brazil, following a judge's decision to suspend the installation license for the line.

EU Commission gives Anglo American the green light for De Beers takeover

Anglo American (LON:AAL) can officially take over De Beers as the European Commission granted the global miner authorization to proceed with its acquisition of the world's biggest diamond company, announced in November.

Anglo American sues Codelco over breach of contract

Anglo American said Thursday it had filed a writ with Santiago's Court of Appeals, suing the Chilean firm for breach of contract in a dispute over its south Chilean assets.

Minas-Rio costs soar 15% to $5.78 billion

Anglo American (LON:AAL) has increased the capital expenditure budget for its largest project in development, the Minas-Rio iron ore mine in Brazil, by 15%, the London-listed major miner announced on Tuesday. That takes the capex for the project up to US$5.78 billion.

Rumour mill churning on Anglo bid for Mozambique coal mine

Just one week following Anglo American's approval of a $1.7 billion met-coal project in Queensland, the London-listed diversified miner may be shopping for more coal assets.

Sick mineworkers set to sue South Africa's Anglo-American

The 54-year-old continued working when diagnosed with early incurable lung disease until he was fired after 30 years, in a story traced on thumb-worn papers in his home off a rutted dirt road in the downtrodden Eastern Cape.

Chilean Justice gives Mitsubishi three days to answer Codelco’s demands

A Chilean civil court told Japanese Mitsubishi today that it has three working days to respond to the lawsuit filed by Codelco in the context of the conflict with Anglo American.
Codelco's legal action seeks to annul the $5.39 billion deal between Anglo and Mitsubishi, after the Japanese company sold its 24.5 percent stake in Anglo American Plc’s Sur unit.

Codelco starts new legal actions against Anglo amid accusations of generating an “artificial dispute”

The legal battle between Codelco and Anglo American is escalating. Yesterday, Chile’s state-owned copper company lodged a so-called pre-judicial preparatory measure in the 17th Civil Court of Santiago, seeking details of Mitsubishi’s purchase of a 24.5 percent stake announced on Nov. 9. The measure aims to ultimately annul the $5.39 billion deal between Anglo and Mitsubishi.
While this was happening, London-based miner filed a legal action to annul Codelco’s “protection petition” presented Nov.14, which prevents Anglo from keep selling part of its assets.

Collahuasi strike begins to bite into output

Output of copper cathodes and copper concentrates are beginning to be affected by a work stoppage that began Monday at the giant Collahuasi copper mine in Chile.

Reuters reports that the mine, jointly owned by Xstrata and Anglo American, has implemented a contingency plan to deal with the labour action, which about 10% of workers are participating in:

Some workers in Collahuasi, which produces about 3 percent of the world's copper, downed tools on Monday over fears of coming layoffs. The company later on Monday announced it had laid off a "limited" number of workers in response to a partial one-day strike in October, a move that could stoke tensions between management and the union.