Tag: Anglo AMerican

Anglo American starts Quellaveco copper project
Global

Anglo American starts Quellaveco copper project

Anglo American plc said that its Board has approved the development of the world-class Quellaveco copper project in Peru. Mark Cutifani, Chief Executive of Anglo American, commented: “Quellaveco is one of the world’s largest and most attractive undeveloped copper orebodies. We expect Quellaveco to generate a real, post tax IRR […]

Anglo American profit fell by 9% in Q2
Energy

Anglo American profit fell by 9% in Q2

One of the world’s largest mining corporation, Anglo American said it realized a net profit of $1.2 billion for the second quarter of the year. The result represents 9% year on year fall in profit. Mark Cutifani, Chief Executive of Anglo American, said: “We have delivered another strong performance during […]

Anglo American sells Eskom-linked coal mines
Global JSE SENS

Anglo American sells Eskom-linked coal mines

Anglo American plc has confirmed the completion of the sale of its Eskom-tied domestic thermal coal operations in South Africa to Seriti. The company said in a statement that the consideration payable for the Operations as at 1 January 2017 is ZAR2.3 billion (approximately US$164 million). Mark Cutifani, Chief Executive […]