Anglo American announces a major restructuring plan, separating its platinum unit and rejecting BHP’s bids, as South Africa’s elections loom, stirring political and economic debate.
News
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Delve into the battle between Anglo American and BHP, where CEOs Mark Cutifani and Mike Henry clash over the future direction of the mining industry
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Anglo American announces plans to demerge its platinum and diamond businesses, aiming to focus on core, high-margin operations.
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Hochschild Mining (LSE:HOC), a London-based mining company, is celebrating a significant milestone in its expansion to South America. The company’s Mara Rosa gold mine in Brazil has achieved commercial production ahead of schedule, exceeding expectations and positioning Hochschild for further growth in the region.
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Kefi Gold and Copper gears up for imminent construction at Tulu Kapi, Ethiopia, with gold production expected to commence by mid-2026.
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Goldplat’s third quarter shines with a £1.6 million operating profit, primarily driven by robust performance in Ghana despite challenges in South Africa.
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Zimbabwe is emerging as a hub for lithium mining in Sub-Saharan Africa, with its abundant reserves and favorable investment climate attracting attention from international mining companies.
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Green hydrogen is spearheading South Africa’s industrial revival, offering massive opportunities for economic growth and global environmental integration.
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In a move that could reshape the global copper market, Anglo American has again rejected a takeover bid from BHP. The $42.7 billion offer, though higher than BHP’s initial attempt, wasn’t enough to sway Anglo American’s board. BHP is determined to become a copper giant, but Anglo American seems focused on going it alone.
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Sibanye-Stillwater achieves its lowest serious injury frequency rate, marking continuous safety enhancements in its mining operations.