Well-known executives headhunted from major mining companies such as BHP Billiton, AngloGold Ashanti, Barrick Gold and Xstrata have made the cut to become Anglo American’s new CEO.
The giant miner says Australia might miss the “Asian century” boat unless its tackles serious shortcomings, such as competitiveness, productivity, infrastructure investments and foreign capital attraction.
As the price of gold has climbed in recent years, many Chinese have flocked to Ghana, the world's second bullion producer after South Africa, hoping to find their way out of poverty.
Tin mining is a profitable but damaging trade that has scarred the Indonesian island of Bangka, a granite outcrop just east of Sumatra, reports English newspaper The Guardian.