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Search results: Anglo American
Anglo American & Teck Announce US$50 Billion Merger in Mining’s Biggest Deal of the Decade
Anglo American, which previously owned Zimbabwe’s Unki platinum mine (now operated by independent company Valterra Platinum), is set to acquire Teck Resources, Canada’s largest diversified mining company, in a US$50-billion all-share merger.
By Ryan Chigoche
If approved by...
Anglo American’s Reorganisation Gains Momentum as Core Assets Deliver in Q2
Anglo American is accelerating its sweeping portfolio reorganisation and streamlining programme, with CEO Duncan Wanblad declaring the company firmly on track to become a leaner, higher-margin business.
By Ryan Chigoche
The second-quarter performance, released this week, offered a...
Does Anglo American’s Exit from Amplats Signal Deeper Trouble for PGMs?
Anglo American’s recent decision to relinquish control of Anglo American Platinum (Amplats), now rebranded as Valterra Platinum, has sent ripples across the global mining sector.
By Rudairo Mapuranga
For Zimbabwe—a nation with significant platinum group metals (PGMs) investments—this...
Anglo American Speaks on the Death of Its Employee at Unki
Anglo American Platinum has spoken out following the tragic death of one of its employees at Unki Mine in Zimbabwe.
In a statement to Mining Zimbabwe, Anglo confirmed that on Sunday, April 20, 2025, a Load Haul...
Anglo American Platinum, Hosts Capital Markets Day
Anglo American Platinum (Amplats), the parent company of Zimbabwe's third-largest platinum group metals (PGMs) producer, Unki Mine, hosted its Capital Markets Day yesterday, reaffirming the company's strategic priorities and value-creation pathways.
By Rudairo Mapuranga
The event, held in...
Anglo American Platinum Forecasts Sharp Earnings Decline for FY2024
Anglo American Platinum, one of the world’s largest producers of platinum group metals (PGMs), is bracing for a significant earnings decline for the year ended 31 December 2024.By Ryan ChigocheThe company attributes this downturn to falling...
Anglo American Offloads $403 Million Stake in Amplats
Anglo American has raised R7.2 billion (US$403.21 million) by selling a 5.3% stake in Anglo American Platinum (Amplats) as part of plans to demerge its South African unit next year. The sale of 13.9 million shares...
Zambian claimants granted appeal in class action against Anglo American
The Johannesburg High Court on April 19 granted permission to appeal an earlier ruling denying class action certification for 140 000 women and children in Kabwe, Zambia, who allege they have suffered the effects of lead...
Anglo American Platinum appoints Craig Miller as CEO
PRESS RELEASE - Anglo American plc notes the announcement by Anglo American Platinum Limited released today to the Johannesburg Stock Exchange. The text of the announcement is copied below:The Board of Anglo American Platinum Limited announces...
Arc Minerals inks multi-million JV deal with Anglo American
Anglo American (LON: AAL) has inked a joint venture deal with base-metals focused junior Arc Minerals (LON: ARCMA) to explore for copper and cobalt in Zambia, marking the first new investment the global miner had made in...
Anglo American investors approve spin-off of South African thermal coal
Anglo American plc said on Thursday shareholders had approved the spin-off of its South African thermal coal business into a new company, paving the way for its listing in Johannesburg and London next month.
If the transaction...
Unki’s Anglo American Platinum to release trading statement
Anglo American Platinum will release results for the twelve months ended 31 December 2020 (“the period”) on the Stock Exchange News Service on 22 February 2021.Shareholders are advised that headline earnings and headline earnings per share...
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