Sunday 9 June 2013

Platinum Group plans to cut fewer jobs

Anglo American responds to the criticism of the job losses in South Africa: 6000 to Now instead of 14,000 mine workers are laid off. The government had threatened with the withdrawal of mining rights.

Johannesburg - The South African platinum subsidiary of the British mining group Anglo American sweeps fewer jobs than previously announced. Well still, around 6,000 jobs eliminated, Anglo American Platinum announced in South Africa on Friday. Originally, the listed subsidiary had wanted to lay off 14,000 miners, about a quarter of its workforce.

JPMorgan cuts target for Anglo American to 1,820 pence 'neutral'

LONDON (dpa-AFX Analyser) - The U.S. bank JPMorgan has lowered its target price for Anglo American of 1,930 to 1,820 pence and the classification to "neutral" leave.

Tuesday 5 February 2013

Anglo American Platinum producer suffers loss


ANGLO AMERICAN PLATINUM
World's largest platinum producer suffers loss

The miners in South Africa lay with strikes paralyzed the mines, the platinum price falls - the world's largest producer of the precious metal now collects the receipt, Anglo American
The miners in South Africa are alarmed: Anglo Platinum plans to cut 14,000 positions.
Source: AFP
JohannesburgDer world's biggest platinum producer, Anglo Platinum reports for fiscal year 2012 a loss. The South African group piling up a deficit of $ 166 million. In the previous year, the Group generated a profit of about $ 400 million. The loss was higher than expected by analysts.

Thursday 25 October 2012

Anglo American's share: Group responds with layoffs on strike in South Africa


London- British mining company Anglo American plc (ISIN GB00B1XZS820 / WKN A0MUKL) announced on Monday that he responded with layoffs to the ongoing strike for weeks on its site Rustenburg in South Africa.

Declared to have the daughter of Anglo American Platinum Ltd.. . (ISIN ZAE000013181 / WKN 856 547) due to the persistent refusal to work by employees in Rustenburg now decided to lay off 12,000 employees

Anglo American fires 12,000 miners


Duration strike in South Africa

Anglo Platinum has fired 12,000 striking miners. Only about 20 percent of workers were in the past few weeks come to work in the mines of Rustenburg.
After three weeks of wildcat strikes have the largest platinum producer in the world already loss of 700 million rand to complain (about 77 million), it is stated in the explanatory memorandum to the company published on Friday in Johannesburg.

Sunday 8 July 2012

Ethical coal mining by Anglo American

Exhibition at City Hall Alzenau
Published: 06/23/2012 by community Mainhausen
"Dirty coal from Colombia for German power plants"

As part of the voluntary and environmentally active work of activists of the local chapter Alzenau the federal nature protection in Bavaria and the German-Foreign Company Alzenau (DAGA) is currently in Alzenauer town hall, the exhibition "dirty coal from Colombia for German power plants" instead.

We invite interested people to look at the exhibition in the foyer of City Hall Alzenauer who is there to see from now until the end of June 2012 at the usual opening times. Prior to the exhibition could be shown in Offenbach am Main and Bad Kreuznach.

Background: El Cerrejon in northern Colombia is the largest coal mine in the world. He is one of the companies Anglo American, BHP Billiton and Xstrata. A mega-investment: 10 000 employees, 32 million tons of annual production (coal) reserves for 300 years. Up to ten trains, each 190 cars long, leave daily at the factory railway line 157 km far to the private port of the mine on the Caribbean coast for the purpose of shipment to Europe and particularly Germany and onward transport including power plants, such as Brunsbuettel in northern Germany and Staudinger neighboring Großkrotzenburg.

The coal region was again the scene of fierce battles wage - including the murder of trade unionists. The way how people are relocated to make way for the coal diggers, you can often only be described as brutal Ver exaggeration. From the open mine, as well as the huge excavators and trucks driving across the country to dust. Workers, residents / physicians in and complain of frequent cases of asthma and lung infections. Respiratory symptoms, especially in children occur in the vicinity of the mine to four times more frequently than elsewhere in the region. 56% of the coal goes to Europe, including in Germany.

The exhibition on the situation in Colombia is supplemented by illustrations of the citizens' initiative stop Staudinger (BISS) on the E.ON power plant Staudinger in neighboring Großkrotzenburg where Colombian coal is burned already. And then even more so in Europe where the planned largest coal block: the block 6 to be higher by about 180 m as the Cologne Cathedral about 160 m. Then the future would be blown through this block alone, only 11.2 million tons more carbon dioxide per year into our atmosphere, as for example the country of Kenya, with its 39 million people generated.

An exhibition that will take affect and thoughtful. In addition, there is information and stickers to the use of (imported) coal in power plants. In a guest book, visitors / enter inside.

Anglo American South Africa warns against coal export ban

These three shares break 2012 record-value de-Telegram
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Johannesburg, 07/03/2012 (abc) The global mining group Anglo American struggles against the envisaged measures of the government in the Cape

As the mining company announced that it had set out the South African parliament's point of view regarding a restriction on exports of black energy carrier. These concerns include the fear of the group that such restrictions could certainly lead to a slowdown in investment activity pages of foreign companies in the sector. This would lead to impairment and reduction of production figures in the country, which would then feel the local power company Eskom to price and supply of coal. There is enough coal in South Africa available for both the domestic power generation, as well as for export.