SA shareholders paved way for Carroll’s exit
Anglo American’s biggest shareholders in South Africa have met with Cynthia
Carroll two weeks ago to explain their objections to her management decisions.
Shabangu wants a South African to lead Anglo
Mineral Resources Minister Susan Shabangu says she hopes a South African will be
appointed as successor to Cynthia Carroll at the reins of Anglo American.
Anglo’s Cynthia Carroll quits
Cynthia Carroll, CEO of Anglo American since 2007, is to leave the organisation
once
a successor has been recruited, the group has said.
Anglo seeks new CEO as Carroll goes
Anglo American chairman John Parker will start a process to recruit a successor for
CEO Cynthina Carroll.
Amplats slashes capex further
Anglo American Platinum has further reduced its planned capital expenditure for
2012 and expects unit costs to outstrip most of its margins.
Friedland gets Ivanplats IPO away for $307m
Mining entrepreneur Robert Friedland gave crisis-hit South African mining investors
something to smile about after listing Ivanplats, a company that has the Platreef
project at its heart.
Eskom submits 16%, 5-year tariff increase
Eskom seeks hefty increases in electricity tariffs in order to pay for a doubling in
electricity capacity but which stops at its R92bn, 4,800MW Kusile power station.
Dark days on the horizon for SA mining
A research report by financial services firm JPMorgan Cazenove predicts sporadic
strikes in South Africa’s mining industry may carry on for up to a year.
Anglo to discuss Carroll’s future – report
The Board of Anglo American will this week discuss demands to replace chief
executive Cynhia Carroll, reports Sky News.
Cosatu to “reclaim Rustenburg’
Cosatu will next weekend hold a rally in strike affected Rustenburg as it tries to
regain the support of workers.