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Anglo wields jobs knife at Kumba

Heavily-indebted Anglo American said it would axe almost 4,000 jobs at its Sishen mine in South Africa. The operation is part of Kumba iron ore, majority-owned by Anglo, and separately listed on the South African exchange.

Mining Journal
Iron ore glut inflicts more pain

Iron ore glut inflicts more pain

Anglo said it would consult unions over letting go 2,633 permanent staff, as well as about 1,300 contractors. In December, the group led by Mark Cutifani said it would close around 60% of its mines to...

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