Anglo cut to junk by Moody’s
… as metal rout hinders debt cutting.
These are the assets Anglo American is kicking to the curb
The battered miner is fully exiting the coal sector, and reducing its iron ore operations.
World's largest mining project takes $1 billion hit
Rio swung into a huge loss after writing down the value of Simandou, but that doesn’t mean it’s being abandoned
World’s largest mining project takes $1 billion hit
Rio swung into a huge loss after writing down the value of Simandou, but that doesn’t mean it’s being abandoned
We need a real “Alternatives to Mining” Indaba
You could be forgiven for thinking you were attending a side-event at Cape Town’s glitzy annual Mining Indaba in early February, when the opening panel of a civil society meeting repeatedly stressed how crucial mining is for Africa’s ‘development.’