Miningmx Profile
Miningmx

@miningmx

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Premier insight into the South African mining sector.

South Africa
Joined April 2009
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@miningmx
Miningmx
5 days
AngloGold Ashanti to expand production at Tanzanian mine Geita and pledges major increase in reserves as cash continues to roll in.
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miningmx.com
ANGLOGOLD Ashanti said on Tuesday it planned to spend $100m expanding production from its Tanzanian mine Geita a fifth to 600,000 ounces a year. The New York-listed miner also said it would invest...
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@miningmx
Miningmx
2 months
Orion secures up to $250m in financing and offtake from Glencore that will bring its Prieska Copper Zinc Mine to production, finally.
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miningmx.com
ORION Minerals finally has liftoff on its Prieska Copper Zinc Mine after unveiling today a major financing and offtake deal with Glencore of up to $250m. The Sydney- and Johannesburg-listed copper...
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@miningmx
Miningmx
2 months
Anglo to form Anglo Teck with Canada's Teck Corp. Headquartered in Canada, primarily listed in London and led by Anglo CEO Duncan Wanblad.
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miningmx.com
ANGLO American and Teck Corporation today confirmed they had reached agreement on a “merger of equals” of the two miners. To be named Anglo Teck with a valuation of $50bn, the company will be...
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@miningmx
Miningmx
2 months
Much needed boost for Anglo's restructuring after UK group concludes R44bn sale of remaining stake in former platinum unit, Valterra Platinum.
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miningmx.com
ANGLO American confirmed on Thursday morning it had concluded the sale of its entire remaining 19.9% stake in Valterra Platinum, formerly Anglo American Platinum prior to its demerger in May. The...
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@miningmx
Miningmx
3 months
SA's Minerals Council would prefer to "thrash out" minerals bill than fight it in court ... but it will take "a lot of thrashing", says council president Paul Dunne.
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miningmx.com
THE Minerals Council wants to “thrash out” with Government the issues it is not happy with in the proposed amendments to the Minerals Petroleum and Resources Development Bill but the process is going...
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