December 11, 2015

Some think not too soon for Anglo obituary

Anglo-American perceived as "the most likely of the diversified mining majors to go bust" even if it "goes down fighting".

December 11, 2015

African Potash soars on fertilizer trade deal

The agreement with Windmill, a private fertilizer producer in Southern Africa, is expected to bring in net revenue of $300,000.

December 11, 2015

Supply/demand balance in diamonds could be reached by mid-2016

Despite the fact that the diamond industry is heavily concentrated, and still possesses tones congruent with its relatively recently removed history of being a monopoly, end-consumer demand is still what…

December 9, 2015

INFOGRAPHIC: Visualizing Chinese Investment in Africa

We have said previously that Africa is the new land of opportunity for speculators and investors.

December 8, 2015

Chinese commodity demand: Crisis. What crisis?

In volume terms Chinese imports of commodities led by iron ore and copper surged 17% in November, the best month in nearly two years.

December 8, 2015

DRA diamond plant recovers huge diamond at Karowe

Johannesburg based engineer and project delivery company DRA Global has commented that it is pleased and proud that its innovative process plant designs have assisted in the recovery of very…

December 8, 2015

Anglo American to cut 85,000 jobs, dividend and assets in sweeping restructuring

The job cuts, part of a major overhaul, are far greater than the 53,000 positions the miner said it would cut in July.

December 7, 2015

More than 400 jobs to go at South32 manganese mine in South Africa

The country's largest mining union said it had received notice from South32 about the planned cuts and wants the government to intervene.

December 7, 2015

Glencore axes jobs, coal output at Australia’s mine as price collapses

The company will start cutting nearly 80% of its workforce at its Collinsville coal mine in March next year, as it dials back mining at the site.

December 4, 2015

Anglo American set to announce dividend cut next week

One of the miner’s worst kept secret may be revealed as soon as Tuesday.