Anglo on fire

FORMER Sons of Gwalia managing director Mark Cutifani is poised to take over from retiring AngloGold Ashanti chief executive Bobby Godsell, while the company’s major shareholder, Anglo American, snatches a 50% stake in the Pebble copper-gold-molybdenum project from Rio Tinto.

Anglo on fire Anglo on fire Anglo on fire Anglo on fire Anglo on fire

Anglo American has beaten Rio to the chase by striking a 50:50 partnership in the Alaska project with owner Northern Dynasty Minerals by making staged cash investments of $US1.425 billion ($A1.

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