- published: 09 Sep 2015
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Mining giant Anglo American has announced the sale of three platinum mines in South Africa to Sibanye Gold for 4.5 billion rand. Sibanye is the country's biggest gold producer. The sale comes as the platinum industry struggles with falling prices and industrial unrest. Two years ago Amplats wanted to close the mines and announced that 14 thousand jobs could be lost. Government threatened to revoke it's licence. It seems that Sibanye now sees value in buying when the platinum price is low - and waiting for things to turn around. Amplats meanwhile will focus on mechanised mines that weren't as hard hit by last years strike action. For more News visit: http://www.sabc.co.za/news Follow us on Twitter: https://twitter.com/SABCNewsOnline?lang=en Like us on Facebook: https://www.facebook.com/S...
Planning smarter. Our team at Drayton mine in Australia created a zero-incident culture on their roads. See how. You can find out more about Anglo American here: http://www.angloamerican.com http://www.facebook.com/angloamerican http://www.twitter.com/angloamerican http://www.flickr.com/photos/angloamerican http://www.slideshare.com/angloamerican http://www.linkedin.com/company/anglo-american
You can find out more about Anglo American here: http://www.angloamerican.com http://www.facebook.com/angloamerican http://www.twitter.com/angloamerican http://www.flickr.com/photos/angloamerican http://www.slideshare.com/angloamerican http://www.linkedin.com/company/anglo-american
Anglo American PLC is a global mining company, its portfolio includes iron ore, manganese and metallurgical coal, base metals including copper and nickel and precious metals and minerals including platinum and diamonds.
1. Various of disgruntled miners gathering at Khomanani Shaft at Anglo American Platinum mine 2. Wide of mine tower 3. Wide of people gathering 4. Mid of sign reading "Khomanani 1 Shaft" 5. Various of security fencing being worked on 6. Mid of Anglo Platinum train STORYLINE: Disgruntled mine workers began gathering at an Anglo American Platinum mine in Rustenburg on Wednesday, a day after the world's largest platinum producer said it would close some of its operations, sell one mine in South Africa, and cut 14-thousand jobs. The announcement, made on Tuesday, comes just months after South African mining strikes in turned violent, killing dozens of people. Anglo American Platinum said a nearly year-long review found that four mine shafts needed to be closed and one mine sold becau...
Tony O’Neill, Group Director, Technical and Sustainability, Anglo American, discusses the need for change in the mining industry. Mining, the world’s most important industrial activity, hasn’t seen a game-changing technology in almost three decades. Anglo American is out to change that as it lays the groundwork for a much-needed surge of disruptive innovation and a step change in productivity, efficiency and sustainability. http://blogs.3ds.com/northamerica/cusp-game-changing-innovation-mining/ Recorded at 3DEXPERIENCE FORUM on November 11-12, 2014 in Las Vegas, NV-
Recap of mining news & earnings + S. African mine strike/platinum update, featuring Anglo American Platinum Ltd. (JSE: AMS), AngloGold Ashanti Ltd. (NYSE:AU)(JSE: ANG), Gold Fields Ltd. (NYSE, JSE: GFI), Harmony Gold (NYSE: HMY), Impala Platinum Holdings Ltd. (JSE: IPA), Lonmin Plc (LSE: LMI) and more ---- for our FULL FEATURE on Mining Companies Impacted by the South African Strikes, UPDATED WEEKLY, visit: http://bit.ly/TURjmp --- Agree? Disagree? Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: http://kitcomm.com -- Or join the conversation on social media: @KitcoNewsNOW on Twitter: http://twitter.com/kitconews --- Kitco News on Facebook: http://facebook.com/kitconews
Correspondent Guy Henderson explores the South African ruling party's uproar to a recent statement made by global mining giant Anglo American, saying the company plans to lay off 14,000 employees at its platinum subsidiary in the country.
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The world No. 1 platinum producer Anglo American Platinum has announced that it plans to sell its Union mine, Rustenburg operations and a joint venture. It was a widely expected move following the harsh impact of the five-month strike by mine worker union AMCU. The miner unveiled interim results today. Its lost 420 thousand ounces in production.. Its headline earnings per share dropped to 60 cents, a fall of almost 90%. The National union of Mineworkers says it is shocked by AMPLATS' plans to sell some of its assets.
14:30 h– TALK SHOW WITH MINING COMPANIES CEOS: “Mining in a World of Innovation: the mining company of the future” with Mr. Benedikt Sobotka – CEO, Eurasian Resources Group Sàrl, Luxembourg; Mr. Clovis Torres, VALE S/A, Brazil; Mr. Ruben Fernandes – CEO, Anglo American, Brazil; and Mr. Tito Martins – CEO, Votorantim Metais, Brazil; MODERATOR: Ms. Gillian Davidson, Head Mining & Metals of World Economic Forum (WEF), Switzerland 16:15 h - KEYNOTE SPEAKER: “Breaking Free: Three Keys to Conquering the Unknown” with George Hemingway, Partner & Innovation Practice Lead, Stratalis Consulting, New York City, USA. Context: Our world is changing faster than ever and yet most companies struggle to adapt and transform, even when they know they must. This session will explain how human nature perpetua...
We spoke to CEO of Thermal Coal, Godfrey Gomwe, after his talk on global competitiveness. He elaborates on how South Africa compares to the rest of the world and how the Mining Lekgotla, amongst others, will help put South Africa back on top. You can find out more about Anglo American in South Africa here: http://www.angloamerican.co.za http://www.facebook.com/angloamericanza http://www.twitter.com/angloamericanza http://www.flickr.com/photos/angloamerican http://www.slideshare.com/angloamerican http://www.linkedin.com/company/anglo-american
Twickenham mine, Anglo American`s youngest mining project, was experiencing difficulty with training operators correctly and efficiently on their mining machines. Their operators were installing an average of two to three roof bolts per shift instead of the required 20. They were also taking needless risks that could cause personal injury and serious damage to the equipment in order to increase production. The solution came in the form of 5DT`s Simulator Base (SimBase™) systems. This advanced training tool helps to make operators Safer, more Productive and less Destructive. Simulators allow operators and instructors to focus on training without the unnecessary risk of personal injury or damage to the equipment. Anglo Twickenham adjusted their training cycles to include 5DT`s simulators....
From Cape Town's Mining Indaba to Lily Mine in Barberton, the mining sector has been in a sombre mood. And with wage talks expected to start in the coming weeks, the prospects of further job losses are weighing on workers and companies alike. The news of mining giant, Anglo American exiting its position in Kumba and its coal assets has not helped either. On this episode of the MoneyMakers, we discuss the South African mining outlook within the context of a gloomy global picture. Watch Bruce Whitfield and Joseph Mathunjwa, President of the Association of Mineworkers and Construction Union, for more on this.
South Africa: Shooting at Anglo American platinum mine. At least five miners have been reported shot by security guards at the Anglo American platinum mine in Rustenburg. A police spokesman said there was a stand-off between two rival mine unions, the National Union of Mine Workers NUM and Association of Mineworkers and Construction Union. Milton Nkosi reports from Johannesburg.
In an uncertain environment, NUM representative and full-time shop steward Peter Mashego ensured the safety of his colleagues remained the number one priority at our Kleinkopje colliery in South Africa. Find out more about us here: http://www.angloamerican.com http://www.angloamerican.com/development/reports/aareports/2012gr http://www.facebook.com/angloamerican http://www.twitter.com/angloamerican http://www.flickr.com/photos/angloamerican http://www.slideshare.com/angloamerican http://www.linkedin.com/company/anglo-american
We visited a few home owners at our Coal businesses Spring Valley housing project. You can find out more about Anglo American here: http://www.angloamerican.com http://www.facebook.com/angloamerican http://www.twitter.com/angloamerican http://www.flickr.com/photos/angloamerican http://www.slideshare.com/angloamerican http://www.linkedin.com/company/anglo-american
These are the faces of #WomenInMining. From business owners, teachers, nurses and diamond cutters, to our lawyers, GMC members and women underground. We thank you for your contributions every day. You can find out more about Anglo American here: http://www.angloamerican.com http://www.facebook.com/angloamerican http://www.twitter.com/angloamerican http://www.flickr.com/photos/angloamerican http://www.slideshare.com/angloamerican http://www.linkedin.com/company/anglo-american
July 16 -- Mineral Resources Minister Ngoako Ramatlhodi confirmed Anglo American Platinum is selling its Rustenburg assets. Its operations in the North West town were crippled by the Amcu strike. But Ramatlhodi says the sale won't impact negatively on the economy.
(www.abndigital.com) Anglo American Platinum's output would likely be flat in 2012 after it fell short of its target last year due to a spike in safety stops. The group said that it planned to refine and sell between 2.5 and 2.6 million ounces of platinum in 2012. Amplats' full year headlines earnings per share fell almost 30 percent to 1,365 cents. To decide whether Amplats is hot or not are Simon Brown from Justonelap and Tshepo Modiba from Cannon Asset Managers.