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Spotlight | South Africa
Pretoria imposes itself in Anglo American's restructuring plan

South African Minister of Mineral and Energy Resources Gwede Mantashe at the African Mining Indaba in Cape Town, on 9 May, 2022.
South African Minister of Mineral and Energy Resources Gwede Mantashe at the African Mining Indaba in Cape Town, on 9 May, 2022. © Xabiso Mkhabela/Xinhua/Newscom/MaxPPP
Gwede Mantashe's Ministry of Mines and the NUM and AMCU unions, which were instrumental in the failure of BHP's takeover bid for Anglo American, want to have a greater say in the mining group's South African strategy. For his part, CEO Duncan Wanblad has confirmed redundancy plans and the sale of Amplats and De Beers. [...]
Published on 12.06.2024 at 04:40 GMT Reading time 5 minutes
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