Brazil historic site could trip up big Anglo mine

Anglo American's plans to open its largest ever iron-ore mine have stumbled over new rulings that will delay preparations to build the mine until it is deemed safe for an archaeological site within its perimeter. The company is prohibited from...

Anglo goes from delight to disappointment as project acquisitions sour

Diversified major Anglo American has had two high profile acquisitions under Cynthia Carroll’s watch, which have both have gone from delight to disappointment.

South African mining groups doing well in South America

South America is a continent whose richness in natural resources became legendary through myths such as El Dorado or the Emerald Mountain. Neither of these ever existed, of course, but today the continent produces antimony, bauxite, coal, cobalt,...

South African mining groups doing well in South America

South America is a continent whose richness in natural resources became legendary through myths such as El Dorado or the Emerald Mountain.

Anglo American given reassurance over iron-ore acquisition in Brazil

London-listed global mining major Anglo American’s acquisition of a new iron ore subsidiary, IronX Mineração, was last week smoothed by an offer of personal indemnity by Brazilian billionaire businessman Eike Batista, the creator and original...

Anglo hopes to complete Brazil iron-ore transaction by Aug 5

Diversified mining group Anglo American will go ahead with plans to buy control of two iron ore mines in Brazil, the company said on Monday. The completion of the deal was delayed by a police investigation into businessman Eike Batista, the...

Anglo American enters talks to buy MXX iron-ore assets

Resources giant Anglo American said on Thursday that it had entered into exclusive discussions with the controlling shareholder MMX to buy iron-ore assets in Brazil.