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Anglo American announces Australia coal exit

Mining giant Anglo American has announced it will sell off it’s Queensland coal mines, including three Moranbah operations. The company said the Moranbah North and Grosvenor Mines were up for...

Anglo American sells Callide coal mine

Anglo American has announced that it has entered into a Share Sale Agreement with Batchfire Resources to sell its 100 per cent interest in the Callide thermal coal mine in Queensland. The transaction...

Thiess wins $115m Dawson coal contract

CIMIC Group’s global mining contractor Thiess has been awarded a contract with revenue of approximately $115 million to continue operating the Southern pits of the Dawson Coal Mine in Central...

Anglo American to sell Hunter Valley coal mine

Anglo American has announced the sale of a Hunter Valley mine to Australian Pacific Coal Limited. The Christmas Eve announcement stated Anglo had entered into a Sale and Purchase Agreement with the...

Anglo American to cut 85,000 mining jobs globally

Anglo American has announced a “radical portfolio restructuring” which includes 85,000 jobs slashed globally. The massive overhaul will see the workforce shrink from 135,000 to 50,000 as...

Anglo American to slash 35% of workforce

Anglo American has announced they will cut 35 per cent of their staff in their 2015 interim results report this week. The global coal giant said it lost $3 billion during the first half of 2015 and...

Anglo American expected to cut up to 20% of staff

Global mining company Anglo American is reportedly planning to cut between five and 20 per cent of its staff at head offices around the world. The move is intended to appease shareholders and respond...