Company Announcement: Is the KZN coal industry sustainable?

On the 10th and 11th November at the Square Hotel and Conference Centre in Umhlanga, KZN the Fossil Fuel Foundation will be hosting the 2011 KZN Coal Indaba.

Anglo reinstates dividend, but near-term outlook ‘more uncertain'

Diversified miner Anglo American on Friday announced the reinstatement of a dividend on the back of a strong $4,4-billion half-year operating profit, but cautioned about the near-term outlook for the world economy becoming "more uncertain in...

Daily podcast – August 13, 2009

Cameco may be ready to start dewatering its Cigar Lake project by the end of this year; and Anglo American sells its stake in Tongaat Hulett.

Anglo sells stake in SA sugar producer for R4,2bn

Diversified mining company Anglo American has sold its stake in South African sugar producer Tongaat Hulett for R4,2-billion (about $523-million), it said on Thursday. Late last month, the group sold its stake in Hulamin for R1,16-billion.

Anglo American to sell Tongaat Hulett stake

Anglo American would sell its 49,5% shareholding in South African agroprocessing firm Tongaat Hulett, as part of its strategy to focus on its core mining operations, it announced on Wednesday. Anglo American would sell 51,2-million Tongaat Hulett...

Daily podcast – August 5, 2008

In today's podcast: Absa signs a five-year R1,7-billion wide-area network deal with fixed-line telecom operator Telkom, Tongaat Hulett says that it could generate up to 266 MW of power in three years' time and, South Deep gold mine has switched to...

On-The-Air (23/05/2008)

In this broadcast: Tongaat Hulett has succeeded in developing 1 200 new black commercial farmers; Heading up to 2010, the laying of the world’s longest undersea telecoms cable from South Africa to Britain scheduled for completion before the...

Tongaat Hulett Audiovisual Ad

Tongaat Hulett is an agri-processing business which includes integrated components of land management, property development and agriculture.

Giant responds to gripes over lack of focus and gets warm reception

Given the level of ongoing restructuring at one of the world’s top-three diversified miners, Anglo American, the latest iteration, announced last week, should not have come as too much of a surprise.

Anglo responds to market gripes over lack of focus

Natural resources group Anglo American, which has been under sustained pressure to streamline in the face of a growing ratings differential between it and some of its multicommodity peers, is to pursue a far-reaching restructuring plan.

Anglo mulling share buy backs

Natural-resource group Anglo American is actively considering various capital-management options, including possible share buy backs, following a fall in its gearing levels to around 21% and an increase in its cash holdings to $2,6-billion.