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Anglo American SA boosts BEE procurement spend

By: Chanel de Bruyn Diversified resources group Anglo American South Africa has boosted its total black economic-empowerment (BEE) procurement spend and enterprise development by 42% in 2008. Anglo American South Africa and its independently managed subsidiaries has spent R24,6-billion on BEE procurement and... 

Employment equity next big transformation challenge for Anglo American South Africa – Baum

By: Chanel de Bruyn Improving the employment equity position of its senior management would be a priority for diversified resources group Anglo American South Africa, former acting CEO Philip Baum said on Tuesday. Baum, who is also CEO of Anglo Ferrous Metals, said that the group had to continue its transformation... 

Gold major invests R32-million in junior mining companies

By: Brindaveni Naidoo Gold mining giant Anglo American has invested R32-million in 11 black economic-empowerment (BEE) companies through its enterprise development fund Anglo Zimele, and junior mining development initiative Anglo Khula Mining Fund (AKMF). 

Anglo American supports new enterprises, junior miners

By: Olivia Soraya Spadavecchia Global mining giant Anglo American has invested in 11 black economic-empowerment (BEE) enterprises through its enterprise development fund, Anglo Zimele, and its junior mining development initiative, the Anglo Khula Mining Fund.  

Company Announcement: Anglo American invests R32 million to boost supply chain transformation and development of junior mining sector

Attached please find a press release on: Anglo American today (August 17) announced its investment in 11 black economic empowerment enterprises through its enterprise development fund, Anglo Zimele, and its junior mining development initiative, the Anglo Khula Mining Fund. 

Exxaro all set to push towards 70m-t/y target

By: Helene Le Roux Supported by strong fundamentals in the domestic coal market, diversified mining company Exxaro is ramping up coal production in South Africa. 

Every Anglo operation should be black empowered next year - CEO Trahar

By: Martin Creamer Every Anglo operational entity in South Africa should be black empowered next year, Anglo American plc CEO Tony Trahar said on Tuesday. "The objective must be, by next year, to have every operating entity in South Africa empowered, black empowered, to the level required, and sometimes in excess... 

Coal-miner announces new name following ownership change

By: thamashni naidoo Following the announcement that 51% of coal exploration, mining and beneficiation company Imbani Coal has been acquired by Worldwide African Investment Holdings, the company has also annnounced that it has also changed its name to Worldwide Coal Carolina (WCC). 

BEE firm buys into Anglo-linked coal venture

Black-controlled and managed South African investment company Worldwide African Investment Holdings has acquired 51% stake in Imbani Coal, a coal exploration, mining and beneficiation company, a media statement said on Monday. 

Diversified mining giant increases BEE procurement

Diversified resource mining major Anglo American South Africa, its business units and independently-managed subsidiaries demonstrated their continued commitment to South Africa’s economy by spending R8,2-billion on direct procure-ment transactions and business development initiatives with... 

Anglo spent R8,2bn with BEE firms in 2005

The South African arm of natural resources group Anglo American yesterday reported a 51% increase in its direct procurement transactions and business-development initiatives with black-owned and -managed small and medium enterprises (SMEs) during 2005. 

President Thabo Mbeki visits Anglo Zimele exhibition

President of South Africa Thabo Mbeki at the weekend visited an exhibition of small and medium enterprises (SME) in Johannesburg, interacting with entrepreneurs and business owners from a variety of manufacturing, supply and service sectors. 

New empowered coal-miner considers acquisitions

By: Irma Venter The Leeuw Vaalkrantz anthracite colliery is the first of eight possible mines for the company, says Leeuw Mining and Exploration (LME) operations and marketing executive director Willy Leeuw. 

R15,7-billion spent on BEE

By: Helene Le Roux According to global mining and diversified resources giant, Anglo American, the group has, to date, spent more than R15,7-billion on BEE transactions in South Africa, of which R8,6-billion was completed during 2002/03.? 

Anglo Khula Mining Fund backs BEE coal investment

The Anglo Khula Mining Fund, a joint initiative between Anglo American and Khula Enterprise Finance, yesterday announced an investment into Imbani Coal, a resources company focused on the exploration, mining, beneficiation and marketing of coal reserves in Carolina, Mpumalanga. 

R40-million mining fund established

Mining and natural resources group Anglo American and Khula Enterprise Finance (Khula), a Department of Trade and Industry initiative, have announced the formation of the Anglo Khula Mining Fund, a partnership aimed at initiating empowerment in the junior mining sector of South Africa. 

SA junior miners get ‘major’ suppor

By: Joanne Delaurentis Never before have South African junior miners had as much support from the mining industry, government and financiers. 

Anglo puts its weight behind junior mining fund

By: Martin Czernowalow In a bid to promote empowerment within the junior mining sector in South Africa, resources giant Anglo American and Khula Enterprise Finance announced the formation of the Anglo Khula Mining Fund yesterday. 


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