November 4, 2011 Anglo American pays Oppenheimer family US$5.1 billion for 40% of De Beers Anglo American (LON:AAL) increased its interested in De Beers from 45% to 85% by buying out the Oppenheimer family for US$5.1 billion. De Beers is looking to Anglo American for…
November 4, 2011 Breaking News: Oppenheimer Cashing Out, Selling De Beers for $5.1 Billion to Anglo American Anglo American announced that it is buying the Oppenheimer's 40 percent stake in De Beers for $5.1 billion dollars.
November 4, 2011 Berkeley to sell unprocessed, high-grade Kabwe lead/zinc tailings Berkeley Mineral Resources, the UK-listed junior primarily engaged in processing mining tailings, has announced a decision to sell the washplant tailings from the Kabwe lead/zinc mine in Zambia without further…
November 4, 2011 ENRC implements Gemcom across global operations Eurasian Natural Resources Corporation (ENRC) is implementing Gemcom's Surpac, GEMS, Minex, Whittle and MineSched mining software packages throughout its global operations. ENRC is one of the world's leading diversified natural…
November 3, 2011 South Africa’s mines minister finds the nationalization horse bolted South Africa's mineral resources minister Susan Shabangu is on a road show in Australia and the UK to quell fears of mine seizures and drum up new investment for the…
November 3, 2011 De Beers ups new South Africa mine investment to $1.9 billion BusinessDay reports De Beers has no intention of reducing its interests in South Africa and will up planned investment in its new Venetia underground mine by more than $600 million…
November 3, 2011 Letšeng rocks on: one rough worth more than $1 million, 10 bigger than 10.8ct per week Gem Diamonds' Letšeng mine continued to polish its reputation as the world's richest source of large diamonds, the London-listed company reported in a management statement covering July to October. 15…
November 3, 2011 Chinese firms in Zambia accused of mistreating workers Chinese-run copper mines in Zambia are routinely mistreating workers and breaking the law by imposing up to 18-hour shifts and flouting international health and safety standards, according to a report…
November 3, 2011 Coal of Africa raises US$106 million Coal of Africa raised US$106 million after placing 130 million ordinary shares representing 24.4% of CoAL's issued share capital prior to the placing. Coal of Africa operates coalfields in the…
November 3, 2011 Arcelor in South Africa suffers a meltdown Equipment failure that put a huge dent in production and which is now the subject of a $140 million insurance claim, higher input costs as a result of increased electricity charges,…
Copper price racks up longest rally since 2017 with bulls at the helm Futures have rallied by more than 40% this year, setting up the biggest annual advance since 2009. December 30, 2025 | 09:12 am
