Anglo American

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4,000 strike at Anglo American Platinum mine once again

Cecilia Jamasmie | June 14, 2013
4,000 strike at Anglo American Platinum mines once again

At least 2,400 workers were being held down in the mine by their own colleagues.

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.

Clashes at coal mine owned by Vale in Mozambique

Cecilia Jamasmie | April 17, 2013
Clashes at coal mine own by Vale in Mozambique

Mozambique’s coal industry has faced a number of challenges in recent months.

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.

Fatal Brazil pier accident halts Anglo American iron ore shipments

sharenet | March 30, 2013

The collapse of a river bank where a floating pier was moored has halted shipments by global miner Anglo American from its iron ore operation in Amapa state in Northern Brazil, the company said on Saturday.

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.

Amplats prolongs talks with South African government until end of April

Cecilia Jamasmie | March 28, 2013
Amplats prolongs talks with South African government until end of April

Anglo American Platinum may cut as many as 14,000 jobs and mothball two mines.

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 faces silicosis class action

Cecilia Jamasmie | March 8, 2013
Anglo American faces silicosis class action

South African branch confirmed that 18 miners suffering from the deadly lung disease filed Thursday a class action lawsuit against the company.

Rio appoints former BHP executive as new finance director

Cecilia Jamasmie | February 28, 2013
Christopher Lynch

Christopher Lynch takes over longstanding finance director Guy Elliott.

US big winner in Colombia’s coal industry troubles: report

Cecilia Jamasmie | February 26, 2013
U.S. the big winner in Colombia’s coal industry troubles: report

South America’s largest coal supplier risks losing its main customers to the US as mounting issues affecting major coal miners in the country have started to disrupt supply.

Terrorists attack Colombia's largest coal mine

Cecilia Jamasmie | February 25, 2013
Terrorists attack Colombia's largest coal mine

The violence comes as union leaders and company executives prepare to hold talks today, hoping to end a strike that is costing the company millions of dollars a day.

Amplats lost almost 4,000 ounces of platinum production in one day due to strike

Cecilia Jamasmie | February 20, 2013
Amplats lost almost 4,000 ounces of platinum production in one day due to strike

Workers returned to work Wednesday morning after a one-day strike, but company lost 3,886 ounces of platinum production.

De Beers sees diamond market showing signs of recovery, focused on SA mine expansion

Cecilia Jamasmie | February 15, 2013
De Beers sees diamond market showing signs of recovery, focused on SA mine expansion

World's biggest diamond producer said Friday jewellery demand will experience moderate growth this year, which represents a major shift from the 12% decline in rough diamond prices last year.

Rio Tinto smashed by largest ever loss, new CEO vows cuts

Cecilia Jamasmie | February 14, 2013
Rio Tinto smashed by largest ever loss, new CEO vows cuts

The mining giant provided investors with a sour Valentine’s treat as it posted a $3 billion loss, its first ever full-year loss.

Amplats hit hard by South Africa’s mining strikes, down to an annual loss

Cecilia Jamasmie | February 4, 2013
Amplats hit hard by South Africa’s mining strikes, down to an annual loss

The negative figures come comes after a 2011 profit of more than $1 billion, which highlights the grim financial situation Amplats currently faces.

Amplats yields to pressure, delays overhaul

Cecilia Jamasmie | January 29, 2013
4,000 strike at Anglo American Platinum mines once again

In a joint statement with the Department of Mineral Resources and unions, the miner has agreed to postpone any decision for 60 days.

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.

Amplats in talks about decision on firing 14,000 workers and selling off mines

Cecilia Jamasmie | January 28, 2013
Vedanta halts plan to cut jobs in Zambian mines

The world’s top platinum company is reportedly engaged in negotiations with union leaders and the government and it is expected to release a formal announcement on whether talks had succeeded in saving jobs later today.

Report: Anglo American set for $5bn Minas Rio writedown

Frik Els | January 21, 2013
Carroll: Minas Rio, Grosvenor protects Anglo from takeover

Delays at the Brazilian iron ore project cost Anglo and former CEO Cynthia Carroll dearly.

Amplats shuts mines, axes 14,000 jobs and sends platinum prices skyrocketing

Cecilia Jamasmie | January 15, 2013
Amplats shuts mines, axes 14,000 jobs and sends platinum prices skyrocketing

As part of a long-awaited review of its operations in South Africa, Anglo American Platinum (Amplats) has decided to close and sell off several of its mines, leaving over 14,000 workers unemployed.

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.

Anglo American sells stake in Brazilian iron ore mine

Cecilia Jamasmie | January 4, 2013
brazil map

The global mining giant is selling its 70% stake in the Amapa iron ore operation in Brazil to Zamin Ferrous.

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.

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