The company’s chairman, Stuart Chambers, described the proposal as ‘opportunistic’
The proposal entails Anglo significantly lowering its exposure to South Africa by demerging its holdings in beleaguered Anglo American Platinum and Kumba Iron Ore This content is…
The industrial action is the latest in a series of economy-hitting upsets for the state logistics company
Kumba and Anglo Platinum are sitting in a sweet spot but it remains to be seen how long it will last
But the big questions are what Cyril Ramaphosa can do and what the budget has in store
Commodities are in the doldrums and local conditions may be too toxic to attract interest.
Chinese government subsidies will keep alive mines that should have been shut down.
The Anglo American unit which had enjoyed sky-high iron ore prices in the past now faces a decline in profits as the metal price drops.
Amcu, the dominant union in the platinum sector, looks likely to win recognition at Kumba Iron Ore, which announced an increased profit on Tuesday.
The Constitutional Court has finally settled a dispute that has tainted all parties.
Stocks have booked a 1.6% gain, led by Kumba Iron Ore’s upbeat guidance for its full-year results.
After a lengthy legal battle, Kumba and ArcelorMittal have finally signed an agreement that will ensure the long-term sustainable supply of iron ore.
A member of the Anglo American group, Kumba Iron Ore, says it needs a new mining permit to access about a third of reserves at its Sishen mine.
Production from Kumba’s new Kolomela mine has kept profits up in the first half of 2013 after a strike affected output at its Sishen mine last year.
Workers have turned to the union they scorned at the time of the unprotected strike – the National Union Mineworkers.
The government may be looking to implement export taxes on iron ore and steel products, it announced in a post Cabinet briefing.
Striking workers at Kumba Iron Ore’s Sishen mine have disrupted training of workers, following a postponed bail hearing.
The Kathu Medi-Clinic has confirmed that seven protesters have been admitted with minor injuries after the police’s early morning raid at Sishen mine.
About 120 striking workers at Kumba Iron Ore’s Sishen mine, in the Northern Cape, have been dismissed after failing to attend disciplinary hearings.
The strike at Kumba Iron Ore’s mine is coming to a head as workers face the real threat of losing their jobs and eviction from the mine’s premises.
