The miner is completely exiting coal and selling several assets, to focus only on copper, diamonds and platinum.
Platinum Group Metals Mining News
The move comes only three months after U.S. President Barack Obama signed a space exploitation law.
FTSE 100 reweighting to take place in March.
The gold miner is expanding its portfolio to platinum, coal and uranium, as it also mulls an incursion in the base metals sector.
The company is said to be wanting to offload its Barro Alto nickel mine and the vast Minas-Rio iron ore complex.
The besieged miner plans to lower costs at its iron ore mines after boosting total annual output for the steelmaking ingredient.
Embattled miners have cut jobs in the face of plunging commodity prices, putting pressure on the South African government
Silver attracts buyers, gold price lifted out of historic net short positioning as large futures speculators cut overall bearish bets on commodities by 74%.
Miners suffering fresh sell-off as oil price falls and the IMF lowers growth forecast for China, rattling investors.
Once a figment of science fiction films, the sometimes risky notion of mining in space may soon become a reality if asteroid miners have their way.
Platinum hits record discount against gold price and palladium already down 16% in 2016, despite record setting global auto sales.
The miner has finally completed the sale of assets from its Tarmac joint venture to a subsidiary of French engineering and construction group Bouygues.
12 straight months of losses see 129,000 positions eliminated, the deepest jobs cuts in 29 years and the third worst annual decline since 1939.
What Planetary Resources' 3D-printed model so impressive is the fact that it’s made entirely out of metal that’s not from Earth.
Fresh selloff brings year loss to 80%. Outside metal prices rebounding (aka divine intervention) and barring extending a begging bowl, what will save Anglo?
No 3: "The return of inflation could revive demand for hedges including commodities, with gold in particular likely to benefit."
Beijing has very ambitious 2020 growth targets. A new survey finds Chinese executives are much more confident than the rest of the world about hitting them.
A look back at mining and metals in 2015 through MINING.com's most popular stories of the year.
Anglo-American perceived as "the most likely of the diversified mining majors to go bust" even if it "goes down fighting".
Orion's Oskar Lewnowski: "For a long time, metals were driven by financial flows... With those guys out, we are back to fundamentals."
The job cuts, part of a major overhaul, are far greater than the 53,000 positions the miner said it would cut in July.
One of the miner’s worst kept secret may be revealed as soon as Tuesday.
While the law lets citizens mine, sell and own riches mined in space, it does not grant sovereignty, ownership, exclusive rights or jurisdiction over any celestial body.
Platinum remains at record discount to gold.
HSBC downgraded the company to 'reduce' from 'hold' and highlighted that Anglo's precarious cash flow situation may force it to cancel its dividend.