ANGLO American CEO, Mark Cutifani, described a meeting with newly appointed South African mines minister, Gwede Mantashe, this week as “a great meeting”, according to a report by Reuters.
Commenting during a conference, Cutifani said of the meeting that it was “… a meeting that we’ve been looking for, for probably two to three years. We’ve continued to invest in South Africa, we believe in the future of South Africa and from our point of view it just got a lot more positive”.
At the same conference, Goldman Sachs’ Africa director Colin Coleman said South Africa was in a “very good position”, although he warned that plans to expropriate land without compensation were making markets nervous.
