Anglo under pressure to reveal plans to fend off BHP as Elliott hikes stakeUBS, the adviser for BHP, has begun scheduling meetings with fund managers this week to fine-tune a revised proposal for Anglo.Reuters | April 30, 2024 | 8:20 am
As BHP weighs firm bid for Anglo, investors fret over cherry-picking assetsBHP Group can't cherry-pick Anglo American assets without paying a…Reuters | April 30, 2024 | 8:03 am
Harmony raises gold output forecastThe company said it expects its full-year gold production to…Reuters | April 30, 2024 | 7:14 am
Montage Gold gains on Lundin-backed financing Montage said it will use the proceeds to advance its Koné gold project in Côte d'Ivoire, expected to begin construction in H2 2024. Staff Writer | February 23, 2024 | 9:04 am
AngloGold Ashanti posts 3% drop in 2023 output Poor ground conditions at Obuasi in Ghana and a carbon-in-leach tank failure at Siguiri, Guinea, had an adverse impact on gold production. Reuters | February 23, 2024 | 7:42 am
Sibanye-Stillwater to cut 2,600 jobs in South Africa The miner kicked off in October a restructuring process at its four loss-making mines that was expected to result in the loss of 4,095 jobs. Cecilia Jamasmie | February 23, 2024 | 5:26 am
Harmony Gold flags profit leap on higher output and prices The miner estimates a gold production increase by as much as 14% year on year. Reuters | February 22, 2024 | 9:56 am
Anglo American to review assets after writedowns and profit plunge The miner has announced a $1.6 billion impairment charge on its De Beers diamond business owing to faltering demand. Reuters | February 22, 2024 | 9:51 am
Gold Fields eyes rapid ramp-up at new Chile mine, lifts output forecast Salares Norte is expected to produce 250,000 ounces of gold this year, before ramping up to 580,000 ounces in 2025. Reuters | February 22, 2024 | 9:38 am
Posco to import African battery graphite to cut China reliance The move comes after China tightened export rules for graphite used for EVs in December. Bloomberg News | February 22, 2024 | 7:06 am
TIMELINE: Anglo American’s efforts to tackle weak commodity prices Anglo American said it will review its assets after a 94% plunge in annual profit. Reuters | February 22, 2024 | 6:49 am
Lucara Diamond unearths over 530-carats at Karowe mine in Botswana Recoveries include a 320-carat gem-quality, an 111-carat Type IIa white stone and two +50-carat stones. Staff Writer | February 21, 2024 | 1:28 pm