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Mark Cutifani

Anglo’s Wanblad won’t go easily
Business
/ 2 May 2024

Anglo’s Wanblad won’t go easily

With the prospect of a takeover in sight, Anglo American’s first South African chief executive in 15 years is tasked with unlocking value from the global mining company

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Article
/ 28 January 2008

Mining losses could hit GDP by R5,6bn

South Africa’s mining industry could lose up to R9,2-billion in revenue and the country’s GDP could take a knock of up to R5,6-billion as a result of the power restrictions imposed on mines by Eskom last week. T-Sec economist Mike Schussler estimates that the mining industry is losing about R330-million in revenues a day.

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Article
/ 28 January 2008

Mines hope to resume output later this week

South African mining companies hope to resume production later this week after being allowed to carry out underground maintenance work in mines across the country that have been crippled by a power crisis. Analysts estimated that hundreds of millions of rand had already been lost as the halt on mining entered its fourth day on Monday.

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Article
/ 1 November 2007

AngloGold: Profits flat, may trim hedge book

AngloGold Ashanti, the world’s third biggest gold producer, reported flat third-quarter headline earnings per share on Thursday after costs rose, undermining an increase in gold output. AngloGold’s new chief executive officer Mark Cutifani said the firm was reviewing its operations with a view to disposing of assets that did not add value

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Article
/ 1 October 2007

AngloGold stops output at mine after worker deaths

The deaths of four miners in a rockfall forced a halt to production at AngloGold Ashanti’s Mponeng underground mine on Monday while safety checks were carried out, the company said. Increasing deaths at South Africa’s deep and treacherous underground mines have thrust safety into the spotlight in a country where about 200 miners are killed in accidents every year.

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