Anglo spinoff breeds fish to restock rivers after massive toxic spill

In a South African first, a project funded by one of the country’s biggest coal mining companies has begun repopulating a river system with fish after a catastrophic spill from a disused coal mine.

Anglo American to review assets after writedowns and profit plunge

Anglo American will review its assets after a 94% plunge in annual profit and writedowns at its diamond and nickel operations, the company said on Thursday.

Anglo CEO says he can run sprawling miner better than any activist

Anglo American Plc’s boss said he’s the best person to reshape the century-old miner — if needed — as slumping commodity prices pressure its sprawling operations and spark murmurs about activist intervention.

Anglo American explores for copper, cobalt in Zambia

Anglo American is in the early stages of exploring for copper and cobalt in Zambia’s North-Western province, its chief executive officer Duncan Wanblad said on Monday.

Anglo American submits $1.1-billion tailings, water management plan for Los Bronces

Mining News Pro - Anglo American (LON: AAL) submitted an environmental impact declaration before Chile’s Environmental Assessment Service (SEA), which is aimed at accelerating the tailings removal process from the Pérez Caldera Dam at its Los Bronces mine; adapting the operation’s water supply so that it functions with desalinated water; and repowering the recovered water system.

South African court denies class action against Anglo American

Mining News Pro - South Africa’s High Court has ruled that a class action lawsuit against miner Anglo American brought by victims of alleged historic lead poisoning in Zambia should not go ahead, lawyers for the claimants said on Saturday.

Anglo American’s falling shares fuel takeover rumours

Mining News Pro - Speculation about Anglo American (LON: AAL) becoming the target of a takeover by a rival or a private equity firm keeps mounting, as shares in the diversified miner continue to fall.

Anglo consults South Africa on potential platinum, iron job cuts

Mining News Pro - The company has held talks with the government over the potential reduction in its workforce, the people said, asking not to be identified because the matter hasn’t been made public. Senior government officials asked the company to consider delaying the cuts until after elections likely to take place around May, three of the people said. SIGN UP FOR THE IRON ORE DIGEST The Congress of South African Trade Unions said that Anglo has also spoken to one of its members, the National Union of Mineworkers, about the matter. The job cuts would be another blow to the electoral prospects of President Cyril Ramaphosa and his ruling African National Congress. Anglo is already in the midst of plans to slash corporate and head office jobs globally, with many of those positions in South Africa. The company joined other mining behemoths in posting a steep drop in first-half profit as China’s economic slowdown damped earnings. Anglo American Platinum Ltd. — about 79% owned by London-based Anglo — is contending with a 14% fall in the price of platinum this year and a 41% plunge in palladium, a valuable byproduct. Rival Sibanye Stillwater Ltd. said in October that it may fire more than 4,000 platinum workers. Kumba Iron Ore Ltd., owner of South Africa’s biggest iron ore mine and a 70% subsidiary of Anglo, said third-quarter iron ore sales fell 12% from the year earlier, largely because of the poor performance of state ports and freight rail company, Transnet SOC Ltd. The company is almost out of storage space for the ore it has mined and can’t rail it, one of the people said. “It is no secret that the current operating environment is very tough for both macro and South Africa-specific reasons and we are playing a major role in working across business and with government to help resolve some of those South Africa constraints,” Anglo said in a response to queries. “Beyond that, it would be inappropriate for us to comment on the details of our discussions.” While a final decision on whether to fire workers and how many positions may be affected has not been taken, the job cuts may impact Anglo American Platinum first, the people familiar said. Those at Kumba may be deferred until later, they added. The minerals department didn’t respond to a request for comment, while Gwede Mantashe, minerals and energy minister and chairman of the ANC, didn’t answer a call to his phone or respond to a text message. PGM prices are falling because of global economic conditions, especially the weaker-than-expected recovery in China. Kumba’s woes are directly related to the sub-standard performance of Transnet, whose inability to rail commodities to ports has also led to coal companies Seriti Resources Holdings Ltd. and Glencore Plc to start talks over job cuts. The plunge in rail performance has seen the amount of iron ore transported to ports fall to the lowest in a decade, while coal shipments by rail are at a 30-year low, according to a report prepared for Ramaphosa’s office. In an Oct. 24 production report, Kumba said “ongoing rail and port challenges have increased our focus on cost optimization and initiatives to match production and optimize logistics capacity.” It said it had 9 million tons of iron ore in stock at the end of September, almost double the amount it had on site a year earlier.

Anglogold Ashanti shareholders approve South Africa exit

Mining News Pro - Anglogold Ashanti shareholders on Friday voted in favour of the miner’s plans to switch its primary listing from Johannesburg to New York, the company announced, clearing the way for its exit from South Africa.

Anglogold Ashanti shareholders approve South Africa exit

Mining News Pro - Anglogold Ashanti shareholders on Friday voted in favour of the miner’s plans to switch its primary listing from Johannesburg to New York, the company announced, clearing the way for its exit from South Africa.

Codelco and Anglo American discuss mining pact to lift copper output in Chile

Mining News Pro - Codelco and Anglo American Plc are exploring options to coordinate mining activities at their adjoining copper operations in Chile in a bid to boost output and productivity, people familiar with the matter said.

Anglo American’s first-half copper production surges 42%

Mining News Pro - Global miner Anglo American said on Thursday its first-half copper production surged 42%, underpinned by the ramp-up of its Quellaveco mine operations in Peru.

Glencore, Anglo join South Africa in $1.5 billion water plan to supply mines and communities

Mining News Pro - Some of the world’s biggest mining companies are working with South Africa’s government on a 27 billion rand ($1.5 billion) water project to supply major platinum and chrome operations and several hundred thousand people with drinking water.

Anglo American reshuffles its leadership

Mining News Pro - Anglo American has announced several changes to its senior management team and organisation.

Vale taps ex-Anglo CEO Cutifani to chair battery metals board

Mining News Pro - Vale SA recruited former Anglo American Plc boss Mark Cutifani to lead an independent board that will oversee its new base metals subsidiary, the Brazilian mining giant said on an earnings call Thursday.

Anglo American sees return to glory days of copper production in Chile

Mining News Pro - Anglo American Plc sees a decline in its Chilean copper production as a setback rather than the new normal, with the London-based company working toward returning to higher levels of past years.

Anglo American takes $1.7bn writedown on British fertilizer mine

Mining News Pro - Anglo American said Thursday it would take a $1.7 billion charge due higher costs and delays at its Woodsmith fertilizer project, which is being built beneath the North Yorks Moors national park in England.

Anglo American takes $1.7bn writedown on British fertilizer mine

Mining News Pro - Anglo American said Thursday it would take a $1.7 billion charge due higher costs and delays at its Woodsmith fertilizer project, which is being built beneath the North Yorks Moors national park in England.

Court told Anglo turned blind eye to Zambian lead poisoning

South Africa’s High Court was told that Anglo American Plc turned a “blind eye” to lead poisoning in the Zambian town of Kabwe, where it held a stake in a mine for almost 50 years.

Anglo American carries out water reclamation project in Brazil

Mining News Pro - Anglo American (LON: AAL) has announced plans to reuse the water that is employed in the operation of the pipeline that transports iron ore from its Minas Rio operation located in the Conceição do Mato Dentro municipality in southeastern Brazil to the port in São João da Barra, located further east.

Anglo updates on decarbonisation, biodiversity, responsible mining

Mining News Pro - In 1918, Anglo set a target to reduce GHG emissions by 30% by 2030, on its pathway to achieving carbon neutrality across operations by 2040.

Anglo coal spinoff looks cheap against peers after 1,300% surge

Mining News Pro - Thungela Resources Ltd. has soared more than 1,300% since the South African coal miner was carved out of Anglo American Plc last year. But despite this scorching rally, investors value the stock at a discount to worldwide peers, whose reserves of the fuel may last longer.

B2Gold, AngloGold shelve Gramalote gold JV in Colombia

Mining News Pro - B2Gold and AngloGold Ashanti have put their Gramalote gold joint venture in Colombia on hold.

Anglo American to appeal El Soldado project rejection

Mining News Pro - Anglo American is planning to appeal a Chilean environmental commission’s rejection of its $40 million operational continuity project for El Soldado copper mine, 125km north of the capital Santiago.

Chile rejects second Anglo American project in two months

Mining News Pro - Anglo American (LON: AAL) has suffered a new setback in Chile after the environmental commission of Valparaiso, Coeva, rejected the company’s $40 million operational continuity project for its El Soldado copper mine, 125km north of the capital Santiago.

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