Anglo American Platinum (Amplats) said on Thursday its subsidiary, Rustenburg Platinum Mines, has accepted a R1.86bn offer from Royal Bafokeng Platinum for a 33% stake in its Bafokeng Rasimone joint venture. The company said the disposal would allow it to "focus its capital allocation into its own-managed mines and projects".
anglo american platinum to sell mine
Eurasia Mining said Friday that it has entered into an agreement to buy Anglo American Platinum out of a joint venture project in Russia. According to a press release from Eurasia, the company ...
Sep 04, 2015· Mining giant Anglo American has opened talks to sell platinum mines in South Africa to Sibanye Gold, the country's biggest producer of gold, as the platinum industry struggles with falling prices and industrial unrest. South Africa, which produces 70 percent of the world's platinum, was also
The Chief Mine Planner is responsible for providing the Mine with complex specialist planning services and expertise. MRM MANAGER BAND 5: MOTOTOLO MINE: Mpumalanga: 28 Aug 2019 : Provides specialist mineral resource management services at an Anglo American Platinum Operations, through application of deep specialist knowledge and experience.
Chris has over 18 years of mine management experience, during which time he held the following senior management positions including executive head joint venture operations, general manager of Anglo American Platinum Limited's Amandelbult Platinum Mine and Bafokeng-Rasimone Platinum Mine. He has been with Anglo American for more than 27 years.
The purpose of Corporate Relations is to ensure that Anglo American stands out as a trusted leader in responsible mining, unlocking long-term value for society by engaging proactively and meaningfully with all relevant stakeholders to shape both their opinions and public policy outcomes through: Effectively managing socio-political risk ...
Feb 27, 2017· Mark Cutifani, chief executive of Anglo American, looks cheerful. Having just presented the mining giant's full-year results, with the first pre-tax profit in five years, he has reasons to smile ...
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").
Anglo American Platinum has agreed to sell its 85% interest in the Union Mine in South Africa and 50.1% interest in MASA Chrome to a subsidiary of Siyanda. Under the terms of the deal, the ...
That's why we have set out our innovation-led approach to sustainable mining – FutureSmart Mining TM. It applies innovative thinking and technological advances to address mining's major challenges. Join the innovators, thought leaders and experts of Anglo American to discover how we are re-imagining our industry and our world.
Anglo American not selling assets any more as it returns to profit ... manganese and nickel assets to focus only on copper, diamonds and platinum, ... is keeping its Kumba Iron Ore division as ...
JOHANNESBURG—Anglo American Platinum Ltd. said on Monday it plans to sell some South African mines as it grapples with rising costs compounded by a five-month-long strike in the country.
Mining giant Anglo American has opened talks to sell its platinum mines in South Africa to Sibanye Gold, the country's biggest producer of gold, as the platinum industry struggles with falling ...
Anglo American Platinum says Rustenburg Platinum Mines Limited, its wholly owned subsidiary has entered into a Sale and Purchase Agreement with Sibanye Gold Limited to sell its Rustenburg mining and concentrating operations for at least R4.5 billion.
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.
We are one of the world's largest mining companies. Our portfolio spans iron ore and manganese, metallurgical and thermal coal, copper, nickel, niobium and phosphates, platinum and diamonds.
Jul 21, 2014· Anglo American's (LON:AAL) platinum unit, Amplats, revealed details Monday about the planned sale of its strike-hit mines in South Africa, where the company recently lost 420,000 ounces in ...
Sep 09, 2015· 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 …
Jul 21, 2014· The platinum producing arm of Anglo American merged parts of its Rustenburg operations last year to help boost profits. The company said the mines "will be better placed in the hands of a new owner who would be able to provide the focus and capital for the operations to have a successful and long future".
Oct 13, 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 approximately 16.7 million 4E ounces, …
Its platinum interests became Amplats, later renamed Anglo American Platinum. Anglo American is the company's majority shareholder. On 5 October 2012, Anglo American Platinum made 12,967 striking South African miners redundant. In July 2014, Amplats announced it would sell many of its South African mines following the negative effect of five ...
About Anglo American Platinum. Anglo American Platinum Limited is a member of the Anglo American plc Group and is the world's leading primary producer of platinum group metals. The company is listed on the Johannesburg Securities Exchange (JSE). Its mining, smelting and refining operations are based in South Africa.
Anglo American is the second largest Australian and third largest global export metallurgical coal producer operating in open cut and underground mining.
London - Global miner Anglo American [JSE:AGL] has put some of its platinum mines in South Africa up for sale in a move by chief executive Mark Cutifani to dispose of underperforming assets, Britain's Sunday Times reported. The company has lined up investment …
Bloomberg – Anglo American agreed to sell a group of South African coal mines to black-controlled Seriti Resources Holdings for about R2.3bn ($166m) as it focuses on other commodities. Seriti, which is led by South African Chamber of Mines President Mike Teke, will buy three thermal coal ...
Anglo American plc ("Anglo American") announces that it has entered into a Sale and Purchase Agreement with Malabar Coal Limited to sell its 88.17% interest in the Drayton thermal coal mine and Drayton South project (together, "Drayton"), located in New South Wales, Australia (the "Transaction").
Jul 21, 2014· JOHANNESBURG--Anglo American Platinum Ltd. (AMS.JO), the world's biggest platinum producer, said Monday that it plans to sell some of its mines as it announced profit in the first half of the year ...
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