Anglo aims to hold on to coal mines in U-turn over plan 🔒
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Anil Agarwal pushes Anglo to show more faith in SAIndian billionaire Agarwal rejects the appointment of South American Marcelo Bastos at Anglo’s AGM
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Anglo aims to hold on to coal mines in U-turn over planCompany says it can facilitate an accountable transition out of fossil fuel
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Anglo signs $15bn, 20-year iron ore deal for Minas RioMinas Rio is arguably the most controversial asset within Anglo, having cost more than $13bn to buy and build
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Anglo signs $15bn, 20-year iron ore deal for Minas RioMinas Rio is arguably the most controversial asset within Anglo, having cost more than $13bn to buy and build
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BUSINESS MAVERICK: The dividend/growth balance: Anglo’s truly amazing debt turnaroundGetting the debt/dividend balance right is tricky — very tricky for mining companies. Pile up too much cash, investors get antsy. Buckle to investors’ immediate desires, long-term growth gets hit. Years of divesting from non-core assets and implementing stringent spending programmes have allowed Anglo American to significantly reduce its debt load to US$4.5bn in June 2018, down from a peak of US$14.1bn in June 2015. In 2019 it was able to commit to 40% of cash resources to a dividend payout.
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Anglo aims to hold on to coal mines in U-turn over planCompany says it can facilitate an accountable transition out of fossil fuel
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ANC wants banks to be forced to fund SA coal minesSouth Africa’s banks should be forced to invest in new coal mines in the country, the ANC’s head of economic transformation has said.
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ANC wants to force banks to invest in new coal minesRefusal by institutions paves way for prescribed assets, Enoch Godongwana says referring to party’s probe into forcing pension funds to invest in developmental projects
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‘White people will always favour white people’, says Malema on ‘DA U-turn’
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Former miner turns co-owner to provide coal to EskomFast-forward to April 2019, Mxolisi Hoboyi is proud co-owner of the same mine he was retrenched from.
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Losi wants Mantashe to hold mine bosses accountable for workplace safety incidents | IOL NewsCosatu wants Gwede Mantashe to punish mining bosses every time a mine worker loses his or her life in the workplace, especially ...
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