January 1, 1970

Rio Tinto boss shelves giant iron ore project – report

Rio Tinto has shelved its $20bn Simandou iron ore project in Guinea because of a sustained slump in prices, says chief executive Jean-Sebastien Jacques. Source: News
January 1, 1970

Anglo American head avoids feeling complacent

The head of Anglo American has seen the miner’s share price almost triple this year, topping gains in the benchmark FTSE 100 Index. Source: News
January 1, 1970

David Herro sells Glencore shares after stock double

David Herro, one of the biggest investors in Glencore, has reduced his stake in the commodity trader and miner, locking in profits after the stock doubled […]
January 1, 1970

Anglo American agrees to R550m sale of Australian coal mine

Anglo American has agreed to sell its Dartbrook coal mine in Australia for about $36m as the company sheds assets as part of a drastic downsizing. […]