Transforms Peabody into a leading global seaborne metallurgical coal producer with Tier 1 mines1 near the world's strongest steel markets Transaction represents an attractive 3.1x times enterprise-value-to-2026 EBITDA multiple Delivers significant cash flow accretion to Peabody across all time periods Positions Peabody to capture substantial synergies and enhance margins Enables continuing capital allocation balance [...]
Agreement includes commitment to convert Anglo American ultra-class haul trucks to zero-emission Building on their recent joint success introducing the world's largest zero-emission haul truck, creative engineering company First Mode and Anglo American have agreed to combine First Mode and Anglo American's nuGen™ Zero Emissions Haulage Solution under the First Mode name to accelerate the further development and [...]
Australian Mining Engineer Mark Cutifani is living a stellar career. Now in his ninth year as CEO of top five and heavily diversified international miner Anglo American - he's running the big game. Cutifani island hopped his way to the top from modest beginnings with productive tours with the likes of Sons of Gwalia and Anglo Ashanti. His love of management processes and getting it right has taken him to the very pinnacle [...]
Nova Royalty Corp. is pleased to announce that it has completed a royalty purchase agreement with Sociedad Minera Auromín Limitada pursuant to which Nova acquired the rights to be granted a 1.0% net proceeds royalty on the West Wall copper-gold-molybdenum project for US$4.2 million in cash. West Wall is owned by a 50/50 joint venture between Anglo American Plc and Glencore plc . Alex Tsukernik, Nova's President and CEO [...]
7 596/2014 Anglo American Capital plc invited holders of its U.S.$600,000,000 4.125% Senior Securities due September 27, 2022 guaranteed by Anglo American Plc[2] to tender any and all of their Securities for purchase by the Company for cash , on the terms of, and subject to the conditions contained in the tender offer memorandum dated September 8, 2020 . Capitalized terms not otherwise defined in this announcement have the [...]
Atlas Renewable Energy's Atlas Casablanca Solar Plant will supply 613GWh from 2022, being the largest bilateral large-scale solar energy purchase and sale contract in Brazil to date. SÃO PAULO, March 10, 2020 /CNW/ -- Atlas Renewable Energy, a leading renewable energy company in Latin America along with British mining company Anglo American Plc, a leading global mining company, announced today the signing of the [...]
LONDON, March 16, 2015 /PRNewswire/ -- Anglo American published its 14th annual Sustainable Development Report today, detailing the global diversified mining company's sustainability performance for 2014. The focus of this year's report is effective partnerships and collaboration with key stakeholders, which Anglo American believes are essential for a sustainable future for the mining industry. Sir John Parker, Chairman [...]
Anglo American announces that it will place its Peace River Coal operations in British Columbia, Canada into a period of care and maintenance, to commence at the end of 2014. Anglo American remains committed to Peace River over the long-term and the development of its new Roman mine, and will complete all preparation works for Roman prior to the care and maintenance period.
LONDON, September 17, 2013 /PRNewswire/ -- Anglo American has been recognised for excellence in sustainability for the 11th consecutive year and as mining industry leader for the second year running in the Dow Jones Sustainability Index 2013. Mark Cutifani, Chief Executive of Anglo American, said: "We are delighted that Anglo American has again been recognised as the mining industry leader in sustainability. We continue [...]
LONDON, September 12, 2013 /PRNewswire/ -- Anglo American has been commended by Carbon Disclosure Project (CDP) for reducing carbon emissions and mitigating the risks of climate change. The CDP Global 500 Climate Change Report 2013, the world's only global environmental disclosure system, was released today and reveals how the world's largest listed companies are responding to a changing climate. CDP, which represents 722 [...]
Today the Minister for Energy and Mines for the Government of the Province of British Columbia, The Honourable Bill Bennett, joined with Anglo American's Chief Executive, Mark Cutifani and Metallurgical Coal Chief Executive Officer, Seamus French, to turn the first sod on the first phase of the Trend-Roman project, an open cut expansion for Trend mine near Tumbler Ridge in north-east British Columbia.
LONDON, July 26, 2013 /PRNewswire/ -- Mark Cutifani, new CEO of Anglo American, outlines the mining Group's 2013 interim performance, senior management changes and his Driving Value strategy. He is supported by FD René Médori on cash flow, dividend and CapEx. Cutifani unveils his plan of creating value over growth and his "absolute manic focus on returns" to shareholders. He also sets out new targets for the business [...]