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Mail & Guardian
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Duncan Wanblad, Anglo American’s chief executive. Photo: Ian Waldie/Getty Images
CYNTHIA CARROL

Anglo’s Wanblad won’t go easily

With the prospect of a takeover in sight, Anglo American’s first South African chief executive in 15 years is tasked with unlocking value from the global mining company

  • Sarah Smit
6 min read
Indian demonstrators burn an effigy of Vedanta Resources boss Anil Agarwal because of the killings of at least 10 people during a protest about pollution from a copper factory. (Arun Sankar/AFP)
ANGLOGOLD ASHANTI

Activists go for weakened mining

An international forum draws strength from worldwide protests against extraction

  • Patrick Bond
6 min read
Anglo American Platinum is aiming to sell as many as four mines and two joint ventures by the end of 2015
ANGLO AMERICAN

Sibanye doubtful of imminent platinum purchase as Anglo stalls

The gold miner is interested in buying troubled platinum operations but has found Anglo American to be moving at a slower-than-anticipated pace.

  • Kevin Crowley
2 min read
Out of 69 assets in Anglo
ANGLO AMERICAN

Anglo may announce more assets for sale

Standard Bank say nine more poorly performing assets could be put up for sale by Anglo as it prepares to report its first-half earnings.

  • Firat Kayakiran
2 min read
ANGLO AMERICAN SOUTH AFRICA

Anglo American’s Mark Cutifani anticipates 20% returns after rejigging assets

The chief executive of Anglo American plans to double profitability in the company after shedding low-income operations.

  • Firat Kayakiran
4 min read
Uncut diamonds seen through a jeweller’s loupe. Zimbabwe may not hire Global Diamond Tenders in future
ANGLO AMERICAN

De Beers diamond prices rise as Anglo chases targets

The diamond mining company, which saw returns of 10% return on capital, has been tasked by its parent company to deliver 15% by 2016.

  • Thomas Biesheuvel
3 min read
ANGLO AMERICAN

Anglo American says copper unit operating ‘exceptionally well’

The mining giant is pleased with the performance of its copper operations but has maintained output forecasts for fear of setbacks.

  • Juan Pablo Spinetto
  • Pablo Guest Author
2 min read
Out of 69 assets in Anglo
ANGLO AMERICAN

Cutifani must strike while the iron is hot

The market waits with caution to see what Anglo American pulls out of the hat.

  • Sapa
3 min read
Anglo American Platinum is aiming to sell as many as four mines and two joint ventures by the end of 2015
ANGLO AMERICAN

Anglo chief executive to cough up for fine wine on gold wager

Randgold Resources head Mark Bristow says Anglo American’s Mark Cutifani will certainly lose a bet that its DRC mine won’t produce gold this year.

  • Andre Janse Van Vuuren 1
2 min read
Anglo American Platinum is aiming to sell as many as four mines and two joint ventures by the end of 2015
ANGLO AMERICAN

Anglo prepared to buck trend on spending – if it sees value

Anglo American is prepared to be opportunistic in pursuing acquisitions even as falling commodity prices force the mining industry to cut spending.

  • David Stringer
2 min read
Anglo American Platinum is aiming to sell as many as four mines and two joint ventures by the end of 2015
EMPLOYMENT

Mining sector to bleed jobs for next 20 years

SA’s mining industry could see sustained job losses over the next 10 to 20 years as greater mechanisation and new mining techniques are introduced.

  • Sapa
2 min read
Anglo American Platinum is aiming to sell as many as four mines and two joint ventures by the end of 2015
ANGLO AMERICAN

Cutifani appointed as new head of Anglo American

Mark Cutifani, head of AngloGold Ashanti will replace outgoing chief executive Cynthia Carroll at the helm of mining giant AngloAmerican.

  • Lynley Donnelly
1 min read
Eskom chief executive Brian Dames. (Oupa Nkosi)
ANGLOGOLD ASHANTI

AngloGold joins hands with Eskom in energy saving campaign

AngloGold Ashanti has become the 49th business partner to join Eskom’s energy efficiency drive, 49M.

  • I Net Bridge
2 min read
ANGLOGOLD ASHANTI

AngloGold to sell mine to Simmers

AngloGold Ashanti will sell its Tau Lekoa mine as well as the adjacent Edgenoeg and Weltevreden project areas to smaller miner Simmer & Jack mines.

  • Staff Reporter
2 min read
ANGLOGOLD ASHANTI

AngloGold ‘delighted’ with rights offer

South Africa’s AngloGold Ashanti, the world’s third biggest gold producer, said on Friday it planned to raise R13,48-billion through a rights offer of new stock. The mining group…

  • Staff Reporter
1 min read
ANGLOGOLD ASHANTI

AngloGold forecast down on power cuts

Due to the country’s power supply crisis, AngloGold Ashanti expected a reduction of approximately 400Â 000 ounces of gold in 2008. Diamond, gold and platinum mines in South…

  • Staff Reporter
3 min read
LONDON

Randgold profits dip, gold to boost 2008 earnings

Randgold Resources said 2007 net profit fell 10% as costs rose, but the African gold producer said on Monday that a buoyant gold price should boost this year’s earnings. ”On a…

  • Staff Reporter
2 min read
ANGLOGOLD ASHANTI

Mining losses could hit GDP by R5,6bn

South Africa’s mining industry could lose up to R9,2-billion in revenue and the country’s GDP could take a knock of up to R5,6-billion as a result of the power restrictions…

  • Sherilee Bridge
3 min read
ANGLO PLATINUM

Mines hope to resume output later this week

South African mining companies hope to resume production later this week after being allowed to carry out underground maintenance work in mines across the country that have been…

  • James Macharia
3 min read
ANGLOGOLD ASHANTI

AngloGold: Profits flat, may trim hedge book

AngloGold Ashanti, the world’s third biggest gold producer, reported flat third-quarter headline earnings per share on Thursday after costs rose, undermining an increase in gold…

  • James Macharia
3 min read