Tag Archive 'Anglo American'

Mar 11 2009

Anglo American may take stakes in energy projects

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Anglo American is still concerned about energy security in South Africa, it seems.

Yesterday Samantha Hoe-Richardson, head of energy strategy at the conglomerate, had this to say to conference goers in London:

Anglo American wants to secure its long-term power supplies and considers buying equity stakes in new energy projects.

“We’re looking at a range of options for energy security,” she said at a seminar organised by Women in Mining on Tuesday.

“We’re trying to strip out uncontrollable factors,” she said. Measures include cutting costs and the company’s carbon footprint – and increasing energy supply security.

Anglo American and other miners in the country have been lobbying the government to encourage the use of third-party suppliers as an alternative to Eskom to avoid a repeat of the crisis.

“If Eskom can’t do it, we need others to come in to do it,” she said.

But Anglo does not plan to become an energy producer, she pointed out.

Anglo American lost one week of production in January 2008 in South Africa, when Eskom, the country’s sole power utility, couldn’t meet demand and so forced the country’s mines to close.

Source: Metalbulletin.com

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Dec 13 2008

Anglo’s Cynthia Carroll trims the fat

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Since becoming boss at Anglo American, Cynthia Carroll has concentrated on trimming fat. And she’s done a good job of it, reckons Charles Cooper, mining analyst at Evolution Securities.

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Nov 11 2008

Anglo American is SA’s best community developer

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Anglo American South Africa, the local arm of the London-based and -listed mining group Anglo American, has been rated SA’s best community developer for the eight year in a row by SA’s non-profit organisations (NPO’s). The rating is based on the opinions of the heads of 100 NPO’s.

* Cynthia Carroll, CE of Anglo American PLC, appeared in 20th position of the recently-released list of “50 Women to Watch in 2009″ of the Wall Street Journal.

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