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This strategy generally has a net negative effect, moreover, we can't rely on a reversal of this price slump any time soon. 2016 is already shaping up to be the most challenging yet. Opinions are divided on whether we have reached the bottom of the cycle... So things may still get worse before they get better. Anglo American announced plans in December to whittle down Anglo American business to cope with severe falls in commodity prices. The plan involves offloading three-fifths of its assets.

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Reuters 5 years ago
Mark Cutifani

Mark Cutifani

Mark Cutifani is an Australian businessman and the current CEO and a director of South African gold mining company AngloGold Ashanti, a position he has held since October 2007.

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    "Mark Cutifani Quotes." Quotes.net. STANDS4 LLC, 2021. Web. 30 Jul 2021. <https://www.quotes.net/citizen-quote/170805>.

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