Diamond giant De Beers slashes prices as Anglo American prepares South Africa exit
Anglo’s retreat from diamonds, coal, and platinum has raised concerns about the long-term future of mining investment in South Africa.
Anglo’s retreat from diamonds, coal, and platinum has raised concerns about the long-term future of mining investment in South Africa.
CDM is accused of failing to meet environmental standards, resulting in water contamination and exposing nearby communities to serious health risks.
The company said it would explore two offshore blocks, believed to contain untapped hydrocarbon potential.
The merger has raised concerns about Anglo American’s long-term commitment to South Africa.
The New York Stock Exchange and Johannesburg Stock Exchange company says it will benefit greatly from Marcus Randolph’s appointment.
A JSE investigation found that Trustco’s subsidiaries had already begun executing the deal – selling shares in Meya Mining – before securing shareholder approval, thereby violating the JSE Listings Requirements.
Job growth in chrome, coal, platinum group metals (PGMs), and gold drove the mining sector’s employment increase.