Anglo American Just Won't Sell the Mines Rivals Really Want
- El Soldado mine sale hampered by current copper market
- Anglo's head of copper speaks in interview in Santiago
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For Anglo American Plc, life would have to get a whole lot worse before it considers selling its best copper mines.
“We don’t need to sell them. Anglo is not in that position,” Hennie Faul, Anglo’s copper chief, said in an interview in Santiago, Chile on Monday. The entire industry would be in turmoil for Anglo to have to sell its prime assets, he said.