Anglo American CEO Says Miners Have Tough Choices to Make to Contain Costs, Reuters Reports
October 05 2023 - 6:38AM
Dow Jones News
-- Anglo American's Chief Executive Duncan Wanblad said mining
companies have to make "tough decisions" such as cutting costs as
weak metals prices hit earnings across the sector, Reuters
reports.
-- The statement comes one day after the diversified miner
outlined plans to shed an undisclosed number of jobs, including
head office jobs across its global operations, Reuters reports.
-- Wanblad spoke in a virtual address to a South African mining
conference.
Full story: https://tinyurl.com/2p87avw4
Write to Christian Moess Laursen at christian.moess@wsj.com
(END) Dow Jones Newswires
October 05, 2023 07:23 ET (11:23 GMT)
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