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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Metallurgical coal | Anglo American

We are the world’s third largest exporter of metallurgical coal and our operations serve customers throughout Asia, Europe and South America. Our tier one assets include the Moranbah North (88% ownership) and Grosvenor (100% ownership) metallurgical coal mines, both located in …

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Coal – Anglo American South Africa

This shift became effective on 1 March 2018, with the sale of our Eskom-tied mines – Kriel, New Denmark and New Vaal – to Seriti. Seriti is a broad-based, majority black-owned and controlled mining company that will ensure the continued supply of coal to the national utility. The transaction included our New Largo resource, and serves to reinforce Anglo American’s long-standing commitment to …

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Anglo American to exit coal business in South Africa

JOHANNESBURG - Anglo American Plc plans to exit its South African thermal coal business within the next three years by spinning off the unit as the miner accelerates its retreat from the dirtiest...

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Anglo American exits South African coal with mine sale

A nglo American has announced its exit from the domestic South African coal business with the sale of its New Largo mine for $71m (£54m). New Largo, in Mpumalanga province in the east of the...

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Anglo American to Exit Coal Business in South Africa

7-5-2020· Anglo has already dramatically reduced the amount of thermal coal it mines in recent years, cutting output by more than half. It now has two remaining businesses in South Africa and Colombia.

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Glencore, Anglo Mines Pollute South Africa Water, Group ...

3-7-2019· Coal mines are polluting part of Mpumalanga province South African coal mines operated by companies such as Glencore Plc and Anglo American Plc are polluting parts of …

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Anglo American to exit South African thermal coal market ...

2-6-2020· Anglo has already dramatically reduced the amount of thermal coal it mines in recent years, cutting output by more than half. It now has two remaining businesses in South Africa and Colombia. In South Africa, it owns four export mines, including a joint venture with Exxaro Resources Ltd., and has a 21% stake in Richards Bay Coal Terminal, the biggest export facility for the fuel on the continent.

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Thermal Coal | Anglo American

We have reduced our South African thermal coal portfolio to concentrate on export markets, supplying around 19 Mt of thermal coal a year to our customers in Europe and Asia. Our South African export product is derived from three wholly owned and operated mines – Goedehoop, Greenside and Khwezela; Zibulo (73% owned); as well as from Mafube colliery, a 50:50 joint operation.

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List of coal mines in South Africa - Briefly

Located in the province of Limpopo, Grootegeluk is one of the biggest mines in South Africa, producing an estimated 22 million tons annually. The mine was acquired by the heavy minerals company Exxaro in 1980 and currently employs at least 3000 people. This mine produces three types of the commodity; cooking, thermal, and metallurgical coal.

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Anglo American to spin off South African coal mines ...

Anglo American (LON: AAL) is speeding up its exit from thermal coal as it announced on Thursday it planned to spin off its South African unit within the next three years.. Mounting pressure from ...

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Anglo American to exit South African thermal coal market ...

Anglo has already dramatically reduced the amount of thermal coal it mines in recent years, cutting output by more than half. It now has two remaining businesses in South Africa and Colombia. In South Africa, it owns four export mines, including a joint venture with Exxaro Resources Ltd., and has a 21% stake in Richards Bay Coal Terminal, the biggest export facility for the fuel on the continent.

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Anglo American explores sale of South Africa's coal ...

Anglo American is still exploring a sale of its thermal coal assets in South Africa as an alternative to spinning off and listing the business, three sources familiar with the matter told Reuters.

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Demerger of mines is "quickest route" for Anglo American ...

17-7-2020· ANGLO American has given itself two to three years to dispense with its South African thermal coal export mines.This is in line with a response to questions at a virtual annual general meeting this year in which the group also disclosed that the divestment would be partial; that is, through a demerger with the new company floated on the JSE.

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Anglo American to Exit Coal Business in South Africa

Anglo has already dramatically reduced the amount of thermal coal it mines in recent years, cutting output by more than half. It now has two remaining businesses in South Africa and Colombia.

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Anglo American plans to exit coal business in South Africa ...

“We believe that the long term prospects of our thermal coal operations in South Africa may be best served under different ownership,” Anglo said in the comments posted Thursday.. Some large investors have taken a stance on thermal coal. Norway’s $1 trillion wealth fund said it would stop investing in companies that mine more than 20 million tons a year of thermal coal.

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Glencore, Anglo Mines Pollute South Africa Water, Group ...

3-7-2019· South African coal mines operated by companies such as Glencore Plc and Anglo American Plc are polluting parts of Mpumalanga province …

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Anglo American considers spinning off South African coal ...

Anglo said it had halved production of thermal coal since 2015 after it sold some mines in South Africa and Australia. In February, Anglo said it had received interest from potential buyers for ...

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Anglo American to sell SA coal mines to black controlled ...

Bloomberg – Anglo American agreed to sell a group of South African coal mines to black-controlled Seriti Resources Holdings for about R2.3bn ($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 state-owned power utility Eskom Holdings, as well as four closed collieries, Anglo ...

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More State-owned mines as Anglo withdraws from SA ...

Anglo wants to sell its iron ore, coal and manganese operations in South Africa, and retain the Venetia diamond mine and some platinum mines including Mogalakwena, the world’s biggest open-pit platinum mine. That would reduce the country’s Ebitda contribution to 15 percent from 37 percent, according to Credit Suisse Group AG. Shareholder ...

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Anglo American plans to exit coal business in South Africa ...

“We believe that the long term prospects of our thermal coal operations in South Africa may be best served under different ownership,” Anglo said in the comments posted Thursday.. Some large investors have taken a stance on thermal coal. Norway’s $1 trillion wealth fund said it would stop investing in companies that mine more than 20 million tons a year of thermal coal.

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Anglo American explores sale of South Africa's coal ...

Anglo American is still exploring a sale of its thermal coal assets in South Africa as an alternative to spinning off and listing the business, three sources familiar with the matter told Reuters.

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Anglo American considers spinning off South African coal ...

Anglo said it had halved production of thermal coal since 2015 after it sold some mines in South Africa and Australia. In February, Anglo said it had received interest from potential buyers for ...

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Anglo Coal • Middelburg • Mpumalanga • …

Eskom's Dan Marokane said domestic coal supply from 2018 remained an urgent issue, but that consolidation in South Africa's junior mining sector could help bridge the ...

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South Africa News: Anglo American Mine Status - …

27-3-2020· Anglo American Plc will keep most of its major South African mines running, albeit with reduced staff and output, after it secured exemptions to a …

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Anglo American to sell SA coal mines to black controlled ...

Bloomberg – Anglo American agreed to sell a group of South African coal mines to black-controlled Seriti Resources Holdings for about R2.3bn ($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 state-owned power utility Eskom Holdings, as well as four closed collieries, Anglo ...

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Coal divestment hits South Africa - The Mail & Guardian

Two of the biggest names in mining, Anglo American and South32, have sold or are selling their South African coal mines, rather than face divestment pressure from investors that would affect their ...

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Unfinished business: Coal miners across South Africa walk ...

22-3-2017· Increasingly mines are simply abandoned, leaving a legacy of local and global pollution. Every year, South Africa’s coal mines – operational and abandoned – are estimated to release greenhouse pollution equivalent to 900,000 cars. Proper rehabilitation of mines includes backfilling and sealing old shafts, halting the release of carbon dioxide, methane and other greenhouse gases.

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Anglo Coal Kriel Colliery • Mpumalanga •

A profile of Anglo Coal, previously called Anglo American Coal Corporation Limited (Amcoal)., Company registered in South Africa, showing the following: Nature of ...

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Anglo shortlists bidders for some South African coal mines

Anglo American Plc has shortlisted groups led by some of South Africa's most prominent black businessmen as bidders for several of its South African coal mines as it focuses on diamonds, platinum and copper, Bloomberg reported on January 18, citing two people familiar with the discussions.

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