They will appeal verdict that paved the way for about half a million current and former miners to proceed with a multi-million-dollar suit, which seeks compensation for those who contracted lung diseases.
Anglo American Mining News
One of world’s largest, newest diamond mines is now open
Gahcho Kué, a joint venture between De Beers Canada (51%) and Mountain Province Diamonds (49%), is expected to inject $5.2bn into Canada’s economy.
Strike ends at Anglo American Los Bronces mine in Chile
Los Bronces, Anglo American’s flagship operation, is expected to produce between 600,000 and 630,000 tonnes of copper this year.
Millennials gave a $25 billion shot in the arm to the diamond industry last year
De Beers, the world's biggest diamond producer, warns that many of the challenges affecting the industry last year are likely to continue over the next decade.
Platinum price boost as top producer shuts down smelter
Anglo American Platinum forced to stockpile concentrate and shut down smelter in South Africa responsible for one fifth of its refined platinum output.
Los Bronces miners down tools
Miners at one of Chile's largest copper operations walked off the job on Friday morning after rejecting the majority-owner's final offer in collective wage talks.
World’s largest, newest diamond mine to inject $5.2bn into Canada’s economy
Gahcho Kué, co-owned by De Beers Canada and Mountain Province Diamonds, is also expected to provide 1,200 new jobs.
Anglo's top shareholder to call vote on assets sale plan
South Africa's Public Investment Corporation (PIC), which owns 14.5% of Anglo, believes the mining giant may not realize the full value of its assets.
Australian fund takes over Anglo American’s Foxleigh coal mine
The sale is part of Anglo’s plan to exit coal as well as the miner's divestment scheme aimed to raise between $3bn and $4bn by year-end.
South32 posts $1.6bn loss but pays maiden dividend
The miner continues to look for new assets, including Anglo American’s 40% stake in their manganese joint venture — Samancor.
Anglo's top shareholder could reduce it to diamond-only miner
South Africa's state pension fund is pushing Anglo to spin off all its assets in the country, including the miner's coveted platinum mines.
More bad news for copper price
Study shows the most efficient mines in top producer Chile now produce copper for less than $1 a pound after finding an additional 13% in savings this year.
Anglo reshuffles Kumba Iron Ore management ahead of sale
The company however is still debating whether to sell or spin off its majority stake in Kumba Iron Ore Ltd, Africa's top producer of the commodity.
China snaps up $4.5bn worth of overseas mining assets in just six months
Most of them have been after existing operations and companies, rather than trying to build mines from scratch.
Heavy snowfall in Chile forces Anglo to cut annual copper target
Shares plunged after miner revealed that output fell almost across the board in the April – June period.
South African gold firms file plea to appeal lung disease class action
The class action the firms want to appeal paves the way for thousands of current and former miners suffering from silicosis and tuberculosis to seek damage compensation from the companies.
De Beers Canada moves from Toronto to Calgary
The move comes as the company readies to open what it calls the world’s biggest diamond mine currently under construction.
Rio Tinto sells its Blair Athol coal mine for less than a bus ticket
The Blair Athol mine, closed in 2012, would be the second Australian coal asset in a year to be sold for just A$1.
South African gold miners to appeal ruling in silicosis case
If the class action goes ahead, it will affect almost every gold mine in South Africa, including their parent companies, covering their conduct over the last 50 years.
Key expansions at iconic Canadian diamond mines hit by setbacks
While Dominion Diamond has pushed construction of Ekati’s new Jay pipe to 2018, Rio has said that a denial of a request to change its water licence could have an adverse impact on Diavik.
South African gold miners to appeal silicosis ruling
They will dispute the country's High Court decision last month to allow a class action suit seeking damages for up to half a million miners who contracted silicosis and tuberculosis.
Brazil’s mining sector to recover lost ground as iron ore, metal prices stabilize
Higher gold prices will push miners to restart or speed up development of projects, leading a fresh wave of mergers and acquisitions in the country, according to BMI Research.
Glencore bids for Anglo American’s coal mines in Australia — report
Other firms interested in the mines include BHP Billion, South32 and X2, with varying reports as to which remain in contention.
Anglo American’s De Beers gets a new CEO
Current strategy director Bruce Cleaver will replace Philippe Mellier, who held the position for five years.
Production at giant Arctic diamond mine just weeks away
Gahcho Kué, the world's largest new diamond mine under development, is now 94% complete with first production planned for the second half of this year.
