ANGLO American said on Wednesday it had completed the sale of its 33.3% stake in Jellinbah Group which controls the Jellinbah East and Lake Vermont metallurgical coal mines in Australia. The ...

British multinational mining company Anglo American Plc has entered into an agreement to sell 33.3% in the Australian coal mine Jellinbah Group for ... Ltd. and Kumba Iron Ore Ltd., and is the main ...

that holds a 70% interest in the Jellinbah East and Lake Vermont steelmaking coal mines in Australia. Zashvin was already a 33.33% shareholder in the JV along with Marubeni and Anglo American.

Anglo American will use the $1 billion (around R19bn) cash from the disposal of its steelmaking coal mines in Australia to strengthen its balance sheet as it forges ahead with a new strategy ...