Anglo American, owner of a number of operations in Queensland’s Bowen Basin, has earmarked new funding grants to some community groups and not-for-profit organisations in the Moranbah, Middlemount, Moura, Banana and Theodore areas via its 2025 Community Grants Program. The successful 2024 Community Grants Program applicants include: MiddlemountBarada Barna Aboriginal Corporation, Capella Tieri Middlemount Community Support Network, Capricorn Helicopter Rescue…
Read MoreTag: Anglo American
Anglo American coal operations hit autonomous milestone
Anglo American’s 10-year vision for a “mine of the future” became reality when all of its underground coal mines in Australia’s Bowen Basin began operating simultaneously from Remote Operation Centres (ROCs). Additionally, the Central Queensland underground operations have notched up 10,000 longwall mining shears from those ROCs, another remarkable feat. Matthew Wakeford, Anglo American Australia automation superintendent, said the rapid…
Read MoreAnglo American selling nickel business to MMG Singapore
Anglo American confirmed on 18 February that it has entered into an agreement to sell its Brazilian nickel business to MMG subsidiary MMG Singapore for up to US$500 million cash. The nickel business comprises two ferronickel operations in Brazil, Barro Alto and Codemin, as well as two high quality greenfield growth projects, Jacaré and Morro Sem Boné. The $500 million…
Read MoreSasol, Anglo American, De Beers make renewable diesel pact
Miners Sasol, Anglo American and De Beers have entered into a joint development agreement (JDA) to pilot the production of feedstock for renewable diesel. The deal, inked during the recent Investing in African Mining Indaba conference in Cape Town, allows all three to assess the technical and commercial viability of feedstock production, starting with Solaris and Moringa plantations to generate…
Read MoreFirst coal leaves Peabody’s Centurion
Peabody Energy, which is working on redevelop its Centurion mine in the Bowen Basin region of Queensland, has shipped first product from the hard coking coal property. The inaugural shipment was delivered to the Dalrymple Bay Coal Terminal and loaded for export to a customer in Asia the week of 9 December. Centurion is undergoing a ramp-up at the mine…
Read MoreVale closes Brazil transaction with Anglo American
Vale announced it has fulfilled all conditions precedent in its partnership with Anglo American, where the company has acquired a 15% equity interest in Minas-Rai mine complex owner Anglo American Minério de Ferro Brasil. Considering the closing of the transaction, Anglo American will now own the Serra da Serpentina assets previously owned by Vale in Brazil. Under the terms of…
Read MorePeabody purchases Australian coal mines from Anglo American
Anglo American has agreed to sell its portfolio of steelmaking coal mines that it operates in Australia to Peabody Energy for a cash consideration of up to US$3.775 billion. The acquisition includes four metallurgical coal mines – Moranbah North, Grosvenor, Aquila, and Capcoal – located in the Bowen Basin. It is expected to transform Peabody’s metallurgical coal segment, increasing production…
Read MoreAnother bid on Anglo American still on table for BHP
BHP said that comments made by its chairman during its annual general meeting did not mean the company has ruled out a renewed offer for Anglo American, reported Reuters. Chairman Ken MacKenzie said that the company had “moved on” to focus on growth opportunities. However, company officials said that “these comments were not intended to be a statement to which…
Read MoreAnglo American sells minority stake in Jellinbah
Anglo American has agreed to sell its 33.3% minority interest in Jellinbah Group, a joint venture that owns a 70% interest in the Jellinbah East and Lake Vermont steelmaking coal mines in Australia, to Zashvin A$1.6 billion (US$1.1 billion). Zashvin is an existing 33.3% shareholder in Jellinbah alongside Anglo American and Marubeni. “The cash proceeds of A$1.6 billion reflect the…
Read MoreFrontline workers rewrite safety at Anglo American
Through a bottom-up approach, frontline workers have been empowered to shape a new Fatal Risk Management (FRM) program at Anglo American, one that is easy to use and doesn’t add another layer of red tape. Anglo American Australia CEO Dan van der Westhuizen said embedding frontline workers in the project team was crucial in designing the simplified and standardised tools…
Read More