Peace River Coal, CN Rail Dispute Referred Back To Regulator For Resolution
6th Jul 2010 00:18
By Caroline Van Hasselt Of DOW JONES NEWSWIRES TORONTO (Dow Jones)--The Canadian government recently overturned a regulatory agency's decision not to wade into a rate dispute between railroad giant Canadian National Railway Co. (CNI, CNT.T) and Peace River Coal Inc., a ruling that clears a
Read more2nd UPDATE: Anglo American Sells Australian Coal Assets
5th Jul 2010 16:20
(Adds comment from Anglo American.) By In-Soo Nam and Robb M. Stewart Of DOW JONES NEWSWIRES Anglo American PLC (AAL.LN) said Monday it has agreed to sell its stakes in five undeveloped coal assets in Australia for roughly $500 million to a consortium of companies including state-run Kor
Read more3rd UPDATE: Anglo American's CEO Named Angloplat Chairwoman
5th Jul 2010 14:12
(Adds comments to Dow Jones from company executives.) By Robb M. Stewart Of DOW JONES NEWSWIRES JOHANNESBURG (Dow Jones)--Anglo Platinum Ltd. (AMS.JO), which produces about 40% of the world's supply of the metal, said Monday the chief executive officer of parent company Anglo American PL
Read moreAnglo American CEO takes chair at Anglo Platinum
5th Jul 2010 14:07
Anglo Platinum has appointed Cynthia Carroll, the chief executive of its majority shareholder Anglo American, as its new chairman. Carroll will succeed Fred Phaswana, who steps down from the role at the end of August. The outgoing chairman said that Carroll's appointment "deeply affirms Anglo Amer
Read moreUPDATE: Kepco Buys Bylong Coal Mine For A$403 Mln From Anglo American
5th Jul 2010 10:14
(Adds details) By In-Soo Nam Of DOW JONES NEWSWIRES SEOUL (Dow Jones)--State-run Korea Electric Power Corp. (015760.SE) said Monday it has reached an agreement to buy the Bylong coal mine from Anglo American PLC (AAL.LN) for A$403 million ($340 million) as part of the U.K. company's effo
Read more2nd UPDATE: Anglo American's CEO Named Angloplat Chairwoman
5th Jul 2010 09:24
(Adds detail, quotes.) By Robb M. Stewart Of DOW JONES NEWSWIRES JOHANNESBURG (Dow Jones)--Anglo American PLC (AAL.LN) Chief Executive Officer Cynthia Carroll is to also become chairwoman of the mining company's majority-owned Anglo Platinum Ltd. (AMS.JO) business in South Africa, replac
Read moreUPDATE: Anglo American's Carroll To Be Angloplat Chairwoman
5th Jul 2010 08:16
By Robb M. Stewart Of DOW JONES NEWSWIRES JOHANNESBURG (Dow Jones)--Anglo American PLC (AAL.LN) Chief Executive Officer Cynthia Carroll is to also become chairwoman of the mining company's majority-owned Anglo Platinum Ltd. (AMS.JO) business in South Africa, replacing Tshamano "Fred" Phaswan
Read moreKepco Buys 100% Of Bylong Coal Mine For A$403M From Anglo
5th Jul 2010 08:00
By In-Soo Nam Of DOW JONES NEWSWIRES SEOUL (Dow Jones)--State-run Korea Electric Power Corp. (015760.SE) said Monday that it has reached an agreement to buy the Bylong coal mine from Anglo American PLC (AAL.LN) for A$403 million ($340 million) as part of the Australian company's efforts to
Read moreSouth Africa Chamber Of Mines Taps Bheki Sibiya CEO-Designate
4th Jul 2010 12:54
JOHANNESBURG (Dow Jones)--South African industry body the Chamber of Mines said Sunday Bhekokuhle "Bheki" Sibiya, chairman of investment fund management firm Brait South Africa Ltd., has been named chief executive-designate. Sibiya takes up the post Monday and Jan. 1 will succeed Mzolisi Diliza,
Read moreMARKET TALK: Mining Tax Changes Great For Rio, Xstrata, BHP
2nd Jul 2010 13:11
1211 GMT [Dow Jones] The fact the proposed Australian Resource Super Profits Tax is now to be replaced by a newly titled, and greatly watered down, Minerals Resources Rent tax is great news for the likes of Rio Tinto (RIO.LN), Xstrata (XTA.LN) and BHP Billiton (BLT.LN), says Ambrian. "We continue to
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
2nd Jul 2010 13:11
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1211 GMT [Dow Jones] The fact the proposed Australian Resource Super Profits Tax is now to be replaced by a newly titled, and
Read moreUPDATE: Small Miners Unhappy With Tax Plans But Fewer Affected
2nd Jul 2010 09:28
By David Fickling Of DOW JONES NEWSWIRES SYDNEY (Dow Jones)--Small miners criticised the Australian government's revised tax plans for the industry Friday, despite a sharp fall in the number of companies likely to be affected by the plans. A Dow Jones analysis of company results suggest
Read moreMARKET TALK: Super-Tax Change Clearly Good For Miners
2nd Jul 2010 07:57
0657 GMT [Dow Jones] The replacement of the Australian resource super profits tax with another regime is clearly good news for all Australian mining companies, says Seymour Pierce. Says this is particularly good for non-ferrous producers such as Norseman Gold (NGL.LN), rated at buy. Says a policy tr
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
2nd Jul 2010 07:57
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0657 GMT [Dow Jones] The replacement of the Australian resource super profits tax with another regime is clearly good news fo
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
2nd Jul 2010 06:58
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0558 GMT [Dow Jones] It is not surprising that Australian government's mining super-tax has not progressed in its original f
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