anglo american sells s africa platinum mines for bn rand

  • Anglo American: Corporate Rap Sheet | Corporate …

     · Platinum mining in South Africa Anglo Platinum, a subsidiary of Anglo American known informally as Angloplat, is the world's leading producer of platinum, most of which is used in automobile catalytic converters and as jewelry. The company has long had a problem with the volume of sulfur dioxide its smelters emit into the air.

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  • Anglo sells platinum mines in S. Africa to Sibanye for ...

     · Anglo sells platinum mines in S. Africa to Sibanye for $330m. ... The agreement puts and end to Anglo American's long ownership of the …

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  • AngloAmerican sells Eskom coal mines for R2.3bn ...

     · ANGLO American has agreed to sell its Eskom-dedicated thermal coal mines to Seriti Resources Holdings, a company led by Mike Teke which said the transaction was a significant step in it becoming a ...

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  • Anglo American to invest R71.5bn in extending lives of SA ...

     · JOHANNESBURG - Anglo American plc on Friday announced that it would be investing R71.5 billion into the South African economy over five years through extending the lives of its operations, the ...

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  • Anglo American Platinum Modikwa Mine in …

     · The Modikwa Platinum Mine, one of South Africa's most profitable mines, was jointly established by African Rainbow Minerals (ARM) and Anglo American Platinum in 1999 in Maandagshoek, a historically disadvantaged …

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  • Anglo American to sell stakes in two South African mines

    Anglo American Platinum (Amplats) has agreed to divest a 50% interest in pool-and-share agreements (PSA) related to two South African mines to platinum group metals miner (PGM) Sibanye-Stillwater.. Amplats will sell the PSAs of Kroondal and the Marikana operations in Rustenburg, South Africa, to Sibanye-Stillwater.

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  • Anglo American sells lossmaking platinum mines to …

    Anglo American on Wednesday unveiled plans to offload some of its most problematic assets, striking a R4.5bn ($330m) deal to sell lossmaking South …

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  • Anglo American in talks to sell S.Africa platinum mines

     · Mining giant Anglo American has opened talks to sell platinum mines in South Africa to Sibanye Gold, the country's biggest producer of gold, as the platinum industry struggles with falling prices and industrial unrest. South Africa, which produces 70 percent of the world's platinum, was also hit by a damaging five-month strike by 70,000 platinum miners in 2014.

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  • Anglo American Bokoni platinum mine sold to African …

     · Anglo American Bokoni platinum mine sold to African Rainbow. African Rainbow Minerals Ltd., backed by South African billionaire Patrice Motsepe, agreed to buy Anglo American Platinum Ltd.'s mothballed Bokoni platinum mine for 3.5 billion rand ($221 million). The deal comes after the world's biggest platinum miners declared record dividends ...

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  • Anglo American Platinum Executive Sells Shares for …

     · Anglo American Platinum Ltd. said Monday that its executive head of processing has sold shares in the company for 15.2 million rand ($1.1 million). The mining company, which is majority owned by Anglo American PLC, said Gary Humphries sold 7,411 shares at an average price of ZAR2,051.01.

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  • Anglo American sells some collieries and mines to Seriti ...

     · Anglo CEO Mark Cutifani and Anglo American SA deputy chairperson Norman Mbazima have both said in 2018 that its sales process in SA had come to an end with the sale of the Eskom-linked mines, and that it remained exposed to export thermal coal, iron ore, platinum group metals, diamonds and manganese from SA.

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  • Where we operate | Anglo American

    Using our map, discover where Anglo American global projects, operations, offices and headquarters are located.

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  • Anglo American Platinum sells interest in two South ...

     · Anglo American Platinum sells interest in two South African mines. Anglo American Platinum has agreed to dispose of its 50% interest in the Kroondal pool-and-share agreement (PSA) and the Marikana PSA to Sibanye-Stillwater Ltd, the other 50% owner of the PSAs. Natascha Viljoen, CEO of Anglo American Platinum, comments:

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  • Anglo American Platinum Sells 50% Interest in South Africa ...

     · Monday 31 January 2022. By Anthony O. Goriainoff. Anglo American Platinum Ltd. said on Monday that it sold its 50% interest in the Kroondal and Marikana Pool-and-share Agreements to Sibanye-Stillwater Ltd. for 1 rand (6 cents). The South African miner said the conditional transaction will extend the project's life-of-mine, and that Sibanye will ...

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  • Anglo American Platinum Sells 50% Interest in South Africa ...

     · Anglo American Platinum Ltd. said on Monday that it sold its 50% interest in the Kroondal and Marikana Pool-and-share Agreements to Sibanye-Stillwater Ltd. for 1 rand (6 cents). The South African miner said the conditional transaction will extend the project's life-of-mine, and that Sibanye will take over all closure costs and rehabilitation ...

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  • Where we operate – Anglo American Platinum

    . Ownership. Canada. Victor. Diamonds. +1 (0) 416 645 1710. C$6.7 billion. Cumulative GDP impact for all of Ontario during the life of the Victor Mine. 15 hectares.

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  • South Africa miners need price swings just to …

    Anglo American Platinum sold four mines and two joint ventures because of the strike. The dispute involving 70,000 workers lasted 21 weeks, cost the industry 24bn rand ($1.7 bn), and resulted in 1.3m ounces of lost production, according …

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  • Anglo American Platinum to return R80bn to shareholders...

     · Anglo American Platinum topped 2020's record earnings with absolutely sizzling full-year results for 2021. The bottom line is that headline earnings roared …

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  • Anglo American in South Africa goes off grid with …

    6  · Anglo American is taking its entire South African business and all its mines off-grid. EDF Renewables will build a system of solar and wind farms to power of the miner's operations by 2030 ...

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  • Anglo sells niobium, phosphate assets for …

     · ANGLO American is to sell its niobium and phosphates assets in Brazil for $1.5bn to China Molybdenum Company, a sum that could see the group retain its investment grade rating given the impact this would have on …

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  • Anglo Platinum sells resources to Northam ... - MINING.COM

     · South Africa's Northam Platinum has agreed to buy a mining right from Anglo American Platinum (Amplats) for $72 million (1 billion rand), which will enable it …

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  • Anglo American Platinum Sells 50% Interest in South Africa ...

     · Anglo American Platinum Ltd. said on Monday that it sold its 50% interest in the Kroondal and Marikana Pool-and-share Agreements to Sibanye-Stillwater Ltd. for 1 rand (6 cents). The South African ...

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  • AngloGold sells world's deepest gold mine in South Africa ...

    The company, which can trace it roots back the mining empire created by Ernest Oppenheimer, was formed in 1998 through the consolidation of Anglo …

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  • Mining Platinum Group Metals in South Africa | …

    Developing new and sustainable demand for the six platinum group metals that we mine is a key part of Anglo American Platinum's strategy. Our market development activity is industry leading, encompassing a holistic ecosystem of …

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  • High-flying Anglo Platinum's stakeholders receive nigh ...

     · The strong operational and financial performance of platinum group metals (PGMs) company Anglo American Platinum in the six months to June 30 translated into nearly R40-billion worth of benefits ...

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  • Anglo American Platinum

    Anglo American Platinum Limited Production Report for the fourth quarter ended 31 December 2021. Anglo American Platinum Limited Production Report for the fourth quarter ended 31 December 2021. Find out more. Notice of AGM. 2021 Integrated Report and supporting documents. 2021 Annual Results.

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  • Anglo American South Africa

     · Anglo American is a global mining company that mines a diverse range of products in South Africa i.e. platinum, thermal coal, diamonds, and iron ore.

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  • Amplats to sell stake in two mines to rival Sibanye

     · Anglo American Platinum (Amplats) will sell its 50% stake in its Kroondal and Marikana operations northwest of Johannesburg to Sibanye Stillwater, the platinum group metals miners (PGM) said on ...

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  • Anglo American Sells One of Its Platinum Mines | National ...

     · London--Anglo American plc, which is the world's leading producer of platinum group metals and majority owner of De Beers, announced Wednesday that it is selling one of its platinum mines. Anglo American Platinum (Amplats) is selling its 85 percent stake in the Union Mine in Rustenburg, South Africa, along with its 50.1 percent interest in ...

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  • Anglo American to sell $4bn of mining assets - Mining ...

    Mining giant Anglo American is reportedly planning to streamline its business by disposing of under-performing assets, including platinum mines in South Africa. By admin-demo In addition to South African properties, the company is reportedly considering selling its nickel assets in Brazil and copper mines in Chile, reported the Sunday Times.

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