Anglo American sells SAfrica platinum mines for 45 bn rand
Johannesburg (AFP) Mining giant Anglo American announced on Wednesday the sale of three platinum mines in South Africa to Sibanye Gold, the country's biggest producer of gold, for 45 billion rand ($332 million) The two companies opened talks last week as the platinum industry struggles with falling prices and industrial unrest Mining giant Anglo American announced on Wednesday the sale of three platinum mines in South Africa to Sibanye Gold, the country's biggest producer of gold, for 45 billion rand ($332 million) The two companies opened talks last week as the platinum industry struggles with falling prices and industrial unrestAnglo American sells SAfrica platinum mines for 45 bn randJOHANNESBURG Mining giant Anglo American announced on Wednesday the sale of three platinum mines in South Africa to Sibanye Gold, the country's biggest producer of gold, for 45 billion rand Anglo American sells SAfrica platinum mines for 45 bn rand Anglo American sells SAfrica platinum mines for 45 bn rand AFP 8 September 2015 Reblog Share Tweet Share Anglo American's platinum mine in Rustenburg, northwest of Johannesburg More Mining giant Anglo American announced on Wednesday the sale of three platinum mines in South Africa to Sibanye Gold, the country's biggest producer of gold, for 45 billion rand Anglo American sells SAfrica platinum mines for 45 bn randAnglo American Sells SAfrica Platinum Mines for 45 bn Rand The two companies opened talks last week as the platinum industry struggles with falling prices and industrial unrest "We are pleased to announce a significant milestone in the repositioning of our portfolio with the disposal of the Rustenburg Operations to Sibanye," Anglo American Platinum CEO Chris Griffith said in a statementAnglo American Sells SAfrica Platinum Mines for 45 bn Rand
Anglo American sells South Africa platinum mines for 45bn
Mining giant Anglo American announced on Wednesday the sale of three platinum mines in South Africa to Sibanye Gold Mining giant Anglo American announced on Wednesday the sale of three platinum mines in South Africa to Sibanye Gold, Last Updated : GMT 13:26:15 Breaking News Home Sport Culture Business Entertainment Style Health Travel Decor News Media Education Women Production at the company's South African platinum mines was hit by an industrywide fivemonth worker strike Anglo American, along with other major companies, agreed last week to increase the wages of workers to bring an end to the impasse The strike has resulted in $2bn of losses for platinum miners, with Anglo American alone incurring a loss of up to ZAR$1127bn ($106bn) from restricted Anglo American to sell $4bn of mining assets Anglo American Platinum (Amplats) cut its 2020 refined production and sales guidance on Thursday after closing the Phase B unit of its Anglo Converter Plant (ACP) processing facility due to a UPDATE 1SAfrica' Amplats cuts refined production JOHANNESBURG, Sept 9 (Reuters) Anglo American Platinum (Amplats) sold the labourintensive South African Rustenburg mine that produces about a third of its annual output for 45 billion rand UPDATE 3SAfrica's Amplats sells Rustenburg mines to Anglo American is a global mining company that mines a diverse range of products in South Africa ie platinum, thermal coal, diamonds, and iron ore skip to main content Media Media View Media Press releases Presentations and speeches Images Video Reports and publications Contact us Makarapa city Close Suppliers Suppliers View Suppliers Responsible sourcing Advice on procurement fraud Anglo American South Africa
Anglo American to sell some strikehit SAfrican mines
Top global producer Anglo American Platinum said on Monday it would offload some of its South African mines following a debilitating fivemonth wage strike which cut annual production by 40 percent "We have decided that we will exit from the Union and Rustenburg mines," the firm said, announcing Top global producer Anglo American Platinum said on Monday it would offload some of its South Anglo American’s (LON:AAL) platinum unit, Amplats, revealed details Monday about the planned sale of its strikehit mines in South Africa, where the company recently lost 420,000 ounces in Anglo American platinum names mines to be sold Anglo American will sell its Eskomlinked thermal coal operations in South Africa for $166 million, it said on Monday, marking an important step in the mining giant's Anglo American sells Eskomlinked coal operations in South Bloomberg – Anglo American agreed to sell a group of South African coal mines to blackcontrolled Seriti Resources Holdings for about R23bn ($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 operations that supply stateowned power utility Eskom Holdings, as well as four closed collieries, Anglo Anglo American to sell SA coal mines to black controlled 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 Elsewhere in the world, the Group owns Unki Platinum Mine in Zimbabwe Anglo American Platinum Anglo American Platinum announces the sale of its
Amplats to sell strikehit South African mines Reuters
World numberone platinum producer Anglo American Platinum is to sell a swathe of its most labourintensive South African mines after a five sell or buy shares in Anglo American Platinum or any other securities All written or oral forwardlooking statements attributable to Anglo American Platinum or persons acting on their behalf are qualified in their entirety by these cautionary statements ForwardLooking Statements This presentation includes forwardlooking statements All statements, other than statements of historical facts ANGLO AMERICAN PLATINUMAnglo American plc is an American British multinational mining company with headquarters based in Johannesburg, South Africa and London, United KingdomIt is the world's largest producer of platinum, with around 40% of world output, as well as being a major producer of diamonds, copper, nickel, iron ore and metallurgical and thermal coalThe company has operations in Africa, Asia, Australia Anglo American plc Wikipedia Mining drives the economy of South Africa, which remains one of the world's dominant producers of platinum, gold and chromium Since the strikes began, world platinum Labor unrest in South Africa expands to farms as grinding does not constitute a recommendation by Anglo American Platinum or any other party to sell or buy shares in Anglo American Platinum (or any other securities) • Nothing in this presentation should be interpreted to mean that future earnings per share of Anglo American Platinum will necessarily match or exceed its historical published earnings per share • Certain statistical and other PLATINUM ANGLO AMERICAN SITE VISIT
Anglo American to sell some strikehit SAfrican mines
Top global producer Anglo American Platinum said on Monday it would offload some of its South African mines following a debilitating fivemonth wage strike which cut annual production by 40 percent "We have decided that we will exit from the Union and Rustenburg mines," the firm said, announcing Top global producer Anglo American Platinum said on Monday it would offload some of its South Anglo American Platinum said it is still assessing its Bokoni operation, adding it plans to keep its smelting and refining operations in both Union and Rustenburg It will also retain its mine inAnglo American platinum names mines to be sold JOHANNESBURG, June 18 (Reuters) Anglo American Platinum expects to bring its mining production back up to 75% to 80% of capacity by the end of this year as South African mines recover from aUPDATE 1SAfrica's Amplats targets mines at 7580% Bloomberg – Anglo American agreed to sell a group of South African coal mines to blackcontrolled Seriti Resources Holdings for about R23bn ($166m) as it focuses on other commoditiesAnglo American to sell SA coal mines to black controlled Anglo American will sell its Eskomlinked thermal coal operations in South Africa for $166 million, it said on Monday, marking an important step in the mining giant's Anglo American sells Eskomlinked coal operations in South
Anglo American goes ahead and puts platinum mines, other
Anglo American’s (LON:AAL) platinum unit, Amplats, is going ahead with its announced plans of selling off its strikehurt mines in South Africa, as part of plans to divest underperforming 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 Elsewhere in the world, the Group owns Unki Platinum Mine in Zimbabwe Anglo American Platinum Anglo American Platinum announces the sale of its By Reuters 09 September 2015 11:31 Anglo American Platinum (Amplats) on Wednesday sold its labourintensive South African mines to bullion producer Sibanye Gold for 45 billion rand ($331Amplats sells Rustenburg mines to Sibanye for R45bn Anglo American Plc, seeking to shrink its platinum business in South Africa, shortlisted about 10 potential buyers for its Union mine and aims to sell it for about $300 million in the first half Anglo Said to Shortlist 10 Possible Buyers for Union Mine Mining drives the economy of South Africa, which remains one of the world's dominant producers of platinum, gold and chromium Since the strikes began, world platinum Labor unrest in South Africa expands to farms as grinding
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