Copper $ 5.51 / lb 1.52%
Brent Crude Oil $ 60.47 / bbl 1.17%
Palladium $ 1786.9 / ozt 0.50%
Crude Oil $ 56.52 / bbl 1.11%
Natural Gas $ 3.984 / Btu 1.07%
Silver Futures $ 67.489 / ozt 3.17%
Aluminum Futures $ 2962.5 / ton 1.45%
Micro Gold Futures $ 4418.8 / ozt 0.53%
Micro Silver Futures $ 67.489 / ozt 3.16%
Platinum $ 2018.6 / ozt 3.35%
Gold Futures $ 4387.3 / ozt 0.54%
Go to MDC Markets

Anglo American preps sweeping cost cuts as price rout bites

Reuters | December 07, 2023 | 8:43 am Intelligence Top Companies Africa Palladium Platinum 

Anglo American is preparing to freeze spending on growth and widen job cuts in South Africa, going far beyond its initial savings target and paving the way to mothballing some higher-cost platinum mines, sources familiar with the matter said. Anglo's...

Mining.com Recommends

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

Your Rankings.

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now