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LATEST Mining companies, investment and exploration  

Anglo American seeks to buy $3.8bn UK potash mine

8 Jan 2020 /  Thomas Biesheuvel, Bloomberg  
The miner commits to growing its business.

Anglo American seeks to buy $3.8bn UK potash mine

8 Jan 2020 /  Dylan Griffiths and Thomas Biesheuvel, Bloomberg  
The possible 5.5 pence a share offer values Sirius at about £386 million.

Rio Tinto restarts SA mine as security improves

30 Dec 2019 /  Liezel Hill, Bloomberg    3
The Richards Bay Minerals unit should be back at full operations in early January.

Palladium tumbles most in four months

21 Dec 2019 /  Justina Vasquez, Bloomberg   
Metal pierces $1 900/Oz.

Security worker killed in attempted robbery at Harmony Gold plant

20 Dec 2019 /  Helen Reid, Reuters    1
High gold prices are making processing plants a target for criminals.

AngloGold aims to produce 350 000–400 000 oz of gold a year from Ghana mine

19 Dec 2019 /  Yadarisa Shabong, Reuters   8
The initial capital expenditure for the mine remains in the range of $495 million to $545 million.

Zimbabwe faces mining-asset seizure over canceled joint ventures

18 Dec 2019 /  Loni Prinsloo, Antony Sguazzin and Godfrey Marawanyika, Bloomberg   4
Amari Holdings wins the right to seize assets worth $65.9 million.

SA miners to challenge new law in court next year

4 Dec 2019 /   Felix Njini, Bloomberg    2
The firms are testing three aspects of the government’s revised mining charter.

Violent protests shut down key Rio Tinto mine in SA

4 Dec 2019 /  Felix Njini and David Stringer, Bloomberg    1
Escalating violence puts a pause on a $463m expansion project.

Rio Tinto shuts SA mine, expansion over violence

4 Dec 2019 /  David Stringer and Felix Njini, Bloomberg   5
The company says there’s been an escalation of criminal activity directed at the operation’s staff.

RBPlat concludes five-year wage deal with unions

25 Nov 2019 /  Tanisha Heiberg, Reuters  
Both parties agree to a 7% wage increase in the first year.

A 20-carat blue diamond is sold for almost $15m

15 Nov 2019 /  Thomas Biesheuvel, Bloomberg   
The sale boosts the company amid a mountain of debt and falling diamond prices.

Platinum mining firms, Amcu seal wage deal

15 Nov 2019 /  Helen Reid, Reuters  
The deal sees workers' monthly wages increase by at least R1,000.

Anglo drops another hint that thermal coal isn’t forever

12 Nov 2019 /  Thomas Biesheuvel, Bloomberg   1
Miner will decide in the next year if thermal coal fits into its future portfolio, RBC Capital Markets says.

Impala’s Zimbabwe mine is said to be in talks on Amplats land

11 Nov 2019 /  Godfrey Marawanyika and Brian Latham, Bloomberg   
Implats is seeking to boost output from mines in Zimbabwe.

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