‘Nothing off the table’ in Anglo assets review
Group writes De Beers’ value down $1.6bn
22 February 2024 - 10:32
Diversified mining major Anglo American is reviewing its assets in a process that might see it dispose of businesses that are not fit for purpose in an effort to protect shareholder value and rightsize the group for growth.
CEO Duncan Wanblad said on Thursday that the group, one of the largest constituents of the JSE, where it has a secondary listing, was “systematically reviewing” all its assets in conjunction with detailed mining plans...
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