Anglo American Mining News

Amplats reaches deal with South African tribal leader in community fund row

Move aims to curb unrest around Anglo American's most profitable platinum mine — Mogalakwena.

CHARTS: Big mining's surge in value shames tech giants

The mining cycle turned two years ago – gains for the sector's largest companies have far outpaced stocks like Apple, Amazon, Google and Facebook since.

De Beers reshuffles executive committee

Chief executive Bruce Cleaver said the changes were necessary to sustain De Beers' success as a business.

Diamond Fields to resume mining off Namibian coast next year

The country’s Ministry of Mines and Energy has renewed the Canadian miner's licence for ten years.

Australia’s NSW to ban open-pit mining in South Drayton area

The New South Wales Government decided there would be no open-pit mining at the site formerly known as Drayton South, but it paved the way for an underground mine instead.

Brazil mining code unchanged as Senate fails to vote on bill

Brazil’s lower house of Congress removed from the agenda the discussion of a transitory presidential decree, which modified the country’s current mining law.

De Beers puts South Africa’s Voorspoed mine up for sale

Company says move paves the way for a lower-cost operator to take the diamond mine beyond 2020, when it is scheduled to close.

Mining’s innovation deficit: transforming to a new performance model

The mining industry needs to ramp up productivity. The solution lies in adopting lean and design thinking approaches, following key several principles.

Brazilian miners up in arms as lawmakers hike iron ore, gold royalties

They claim it won’t be possible to cut costs enough to offset the higher levies, and warn that some miners may need to pass on this new cost increase to the industrial production chain.

South African gold miners' silicosis lawsuit nearing settlement

Lawyers acting for thousands of gold miners who contracted lung diseases at work in SA mines say an out-of-court settlement could be reached by December.

Plans underway for world's biggest offshore diamond mining vessel

Debmarine Namibia, a 50/50 joint venture between the country and De Beers Group, tis planning for the construction of the world’s largest custom-built diamond mining vessel.

Anglo to halt Minas Rio in Brazil if expansion licence delayed further

The company said if long-delayed permit for its massive iron ore mine is not issued next month as expected, it would have to shut it by Sep. 2018.

Sibanye-Stillwater reaches wage deal with unions at Kroondal mine

The three-year wage agreement was signed by all three unions, the company said.

Copper miners to see profit grow further in 2018 — report

Profit margins are expected to end significantly higher this year, and this trend to continue over the next two years, a study by S&P Global Market Intelligence shows.

De Beers’ Victor mine closing doors in 2019

Firm has determined it's not economically viable to extend the life of the diamond mine, which can only be accessed by air year round, or by a winter road for five or six weeks in January and February.

Sibanye-Stillwater shuts down Cooke gold mine, about 7,000 laid off

Company said it would keep its Beatrix West gold mine running for as long as it makes a profit, on average, over any continuous period of three months.

Electric cars set world's nickel miners on new course

Battery boom promises new and growing market for high-grade nickel products, but half the world's supply of the metal is unsuitable for battery production.

More than 2,000 miners sacked at Sibanye’s Cooke gold mine

Miners who received a termination letter will hold a mass meeting at the mine Wednesday morning.

Anglo American investors demand clarity as dealmaker incoming chairman arrives

Stuart Chambers faces investor calls for clear direction at the company, long seen as a potential takeover target.

De Beers latest diamond sale the worst in almost two years

The world’s largest diamond producer by value offered less precious stones, in line with its policy of trying to match sales to demand.

Investors pile into Peru’s $2 billion Michiquillay copper project

Companies have until Nov. 2 to sign up for the auction and the winner will be announced on Dec. 20

Sibanye scraps planned closure of loss-making South African mines

Precious metals miner said its platinum group metals (PGM) operations had delivered "solid operational results" in the first-half of 2017, prompting an upward revision to its 2017 production forecast and a downward revision to guided costs.

Sibanye-Stillwater Blitz project begins production ahead of schedule

Mine is expected to generate about 300,000 ounces annually by late 2021/early 2022, increasing total PGM production from Sibanye’s operations in the US by more than 50%.

South Africa’s mining industry fortunes improving, but challenges remain — PwC

A strong price recovery for the main commodities South Africa mines and exports has helped the country’s sector stage a turnaround in 2017, the first time in five years the industry is back in the black.

De Beers laying the foundations for gender equality

Katie Fergusson: "As Head of Social Impact, I feel privileged to be leading De Beers Group’s work on women and girls empowerment, including on diversity and inclusion."