anglo american in talks to sell s africa platinum mines


Anglo American Platinum - Wikipedia

Anglo American Platinum Limited (JSE: AMS) is the world's largest primary producer of platinum, accounting for about 38% of the world's annual supply.. Based in South Africa, most of the group's operations lie to the northwest and northeast of Johannesburg.A majority of the company's operations take place in the Bushveld Igneous Complex, a large region that contains a range of mineral ...

Get More

Anglo American: IPOs planned for platinum mines

Apr 24, 2015· Anglo American, listed in London and Johannesburg, is looking to divest some of its costliest platinum mines in South Africa and is considering whether to list or sell them.

Get More

Anglo American sells lossmaking platinum mines to Sibanye ...

Anglo American on Wednesday unveiled plans to offload some of its most problematic assets, striking a R4.5bn ($330m) deal to sell lossmaking South African platinum mines.. The proposed disposal to ...

Get More

Anglo American and Codelco agree to extend talks | Anglo ...

Jun 22, 2012· Anglo American's portfolio of mining businesses spans bulk commodities – iron ore and manganese, metallurgical coal and thermal coal; base metals – copper and nickel; and precious metals and minerals – in which it is a global leader in both platinum and diamonds.

Get More

Anglo American Platinum agrees sale of Union mine to ...

Feb 15, 2017· Anglo American plc ("Anglo American") notes Anglo American Platinum's announcement of its agreement to sell its 85% interest in the Union Mine in South Africa and 50.1% interest in MASA Chrome Company to a subsidiary of Siyanda Resources ("Siyanda") ("the Transaction").

Get More

AngloGold leaves SA - Business Insider South Africa

Feb 12, 2020· AngloGold has sold its last remaining assets in South Africa. The company has its roots in Anglo American, which was started as a gold mining company by Ernest Oppenheimer in 1917. Other large multinational companies are exiting the country due to load shedding and regulatory uncertainty. For more, go to Business Insider South Africa.

Get More

Anglo American in talks to sell troubled platinum mines ...

Anglo American is in advanced talks to sell some of its South African platinum mines, as the UK group deepens its efforts to get rid of underperforming parts of its sprawling global operations.

Get More

World's top five producers of platinum group metals profiled

Oct 04, 2019· 1) South Africa – 110mt. South Africa is the world's largest producer of platinum, processing 110mt in 2018. The country's reserves of platinum group metals (PGMs) stands at 63,000mt. Owing to various factors such as job losses and mine-shaft closures, the country witnessed a sharp fall in production last year compared to the 143mt ...

Get More

Anglo American Platinum dismisses 643 miners at S Africa ...

May 20, 2019· The impact on production has so far been limited, Anglo American Platinum said. The General Industrial Workers Union of South Africa served a strike notice on Anglo American Platinum on May 9 following a dispute over an employee medical scheme, after the company bought the mine from Glencore in November 2018.

Get More

Anglo American to sell some S Africa mines - 9Finance

Top global producer Anglo American Platinum says it will offload some of its South African mines after a debilitating five-month wage strike which cut annual production by 40 per cent.

Get More

Article: Anglo American looking to sell strike-hit mines ...

Apr 14, 2014· Anglo American's chief executive has hinted that the mining titan is looking to offload its strike-hit South African platinum mines to concentrate on open-cast extraction.

Get More

Anglo American to shed platinum assets | Financial Times

Anglo American is to sell a major part of its platinum mining operations in South Africa, following the end of a five-month workers' strike.. On Monday, the London-listed group – which is the ...

Get More

Anglo American – Republic of Mining

Jun 28, 2021· For London-based Anglo American, the sale will mark the wide-ranging miner's exit from thermal coal. Anglo will be selling its 33% stake in the Colombian mine for USD294 million. "Today's agreement marks the last stage of our transition from thermal coal operations," said Anglo American Chief Executive Mark Cutifani.

Get More

Platinum News | African Mining Market

Anglo American Platinum Ltd. plans to increase its mine output by about a fifth over the coming decade, while seeking to… Platinum powers to a six-year high on tight global supply Platinum rallied again, surging to the highest level in more than six years on signs that an economic recovery from…

Get More

Safety – Anglo American Platinum

Our primary safety risks are falls-of-ground and transport and we have specific, high-priority programmes in place to address these. All safety-related incidents are reported, investigated and analysed for trends and/or anomalies. Risk management is a critical area of focus at all levels of the organisation.

Get More

Impala approached over stake in giant Zimbabwe platinum ...

Oct 08, 2020· The owners of a Russian-backed project to build Zimbabwe's biggest platinum mine have held talks to sell a stake of at least 20% to Impala Platinum Holdings Ltd., according to people familiar with the matter. Great Dyke Investments views Impala as an attractive partner partly because the Johannesburg-based company also has the capacity to process ore from the mine,…

Get More

Anglo American Platinum to sell mineral resources from ...

Oct 12, 2016· Anglo American Platinum unit Rustenburg Platinum Mines Limited has signed a ZAR1bn ($63m) deal to sell Northam Platinum mineral resources within the Amandelbult mining right, and surface properties surrounding the South African mine. The Amandelbult mining right in South Africa covers an area of Merensky and UG2 resources, containing ...

Get More

AngloGold plans to sell mines in final exit from South Africa

May 09, 2019· AngloGold Ashanti moved closer to exiting South Africa mining by announcing plans to sell its remaining assets in the country. The sale would include Mponeng, the world's deepest mine and ...

Get More

Amplats in talks to sell Union mine - CEO

May 20, 2016· London - Anglo American Platinum (Amplats) is in talks with two South African entities to sell its labour-intensive Union mine, Chief Executive Chris Griffith said on …

Get More

AngloGold plans to sell last South Africa mine as era ...

May 09, 2019· AngloGold Ashanti Ltd. plans to sell its last South African mine, marking the exit of Anglo American Plc and the companies it spawned from the …

Get More

OVERVIEW OF PGM PROCESSING - Anglo American Platinum

regarding Anglo American Platinum's financial position, business and acquisition strategy, plans and objectives of management for future operations (including development plans and objectives relating to Anglo American Platinum's products, production forecasts and reserve and resource positions), are forward-looking statements.

Get More

Anglo American Platinum Plans to Exit Some South African Mines

Jul 21, 2014· World no. 1 platinum producer Anglo American Platinum said on July 21, 2014 it planned to sell its Union mine, Rustenburg operations and a joint venture in South Africa, a widely expected move ...

Get More

Anglo Confronts Divorce in Miner's South Africa Birthplace

Dec 07, 2016· Anglo wants to sell its iron ore, coal and manganese operations in South Africa, and retain the Venetia diamond mine and some platinum mines including Mogalakwena, the world's biggest open-pit platinum mine. That would reduce the country's Ebitda contribution to 15 percent from 37 percent, according to Credit Suisse Group AG.

Get More