Diversified miner South32 has flagged the possible closure or divestment of its manganese alloy operations in South Africa and Australia.
Speaking at Diggers and Dealers, in Kalgoorlie, Australia, South32 chief developing officer Simon Collins said on…
South32 to decide on manganese alloy ops in Dec quarter Read More »
Diversified miner Glencore has warned of a $350-million noncash loss within its marketing division for the six months ended June 30, as a result of lower cobalt prices. The miner reported that cobalt prices had decreased by about 50% year-on-year to $2…
Glencore’s African assets underperform Read More »
Indian billionaire Anil Agarwal, the biggest shareholder in mining company Anglo American, said on Thursday he was divesting the nearly 20% stake he has held since 2017. Agarwal began buying into Anglo American through a JP Morgan mandatory convertible…
Indian billionaire Anil Agarwal sells Anglo stake Read More »
It once looked like Anil Agarwal could shake up the mining industry by amassing the biggest stake in Anglo American. But in the end the Indian tycoon’s lack of financial firepower forced him to unwind his investment. For two years, Agarwal kept insider…
Billionaire Agarwal’s Anglo adventure ends with a whimper Read More »
The asset quality and product positioning of the Anglo American portfolio play precisely to the macro global demand for a “cleaner world, an electrified world and a consumer world”, Anglo American CEO Mark Cutifani said on Thursday. The London- and Joh…
Anglo portfolio playing to demand for cleaner, electrified world – Cutifani Read More »
Diversified mining and marketing company Anglo American on Thursday announced its intention to return up to $1-billion to its shareholders through an immediate on-market share buyback programme to reduce the company’s issued share capital. The programm…
Anglo American to return up to $1bn to shareholders Read More »
Diversified mining and marketing company Anglo American on Thursday announced board approval for the Aquila project to extend by six years the life of the Capcoal underground hard coking coal operations at the Grasstree mine in Queensland, Australia. T…
Anglo okays Australian coking coal project Read More »
Governments and other international stakeholders will drive environmental and socially sustainable practices across the mining industry from the top down over the coming years, in line with commitments to higher ethical standards and the Paris Agreemen…
Governments, international stakeholders to drive sustainable practices in mining Read More »
Diversified miner Anglo American’s copper-equivalent production for the second quarter ended June 30, increased by 2% year-on-year, on the back of the successful ramp-up at the Minas-Rio iron-ore mine, in Brazil, and a strong performance at its metallu…
Anglo America’s production rises 2% in second quarter Read More »
Diversified miner Anglo American’s copper-equivalent production for the second quarter ended June 30, increased by 2% year-on-year, on the back of the successful ramp-up at the Minas-Rio iron-ore mine, in Brazil, and a strong performance at its metallu…
Anglo American’s production rises 2% in second quarter Read More »
