Anglo American CEO Mark Cutifani to Undergo Hip Operation

Anglo American Plc Chief Executive Officer Mark Cutifani will have a routine hip operation toward the end of the month, the London-based mining company said.

Cutifani “will be out of action for a couple of days,” spokesman Pranill Ramchander said in an e-mailed statement today. The Australian CEO, 55, isn’t due to speak at the Mining Indaba conference in Cape Town taking place Feb. 3 to Feb. 6.

Anglo American, with mining operations from Australia to Chile, replaced former CEO Cynthia Carroll with Cutifani in April last year after cost overruns at its $8.8 billion Minas-Rio iron ore project in Brazil. Carroll had an operation following a hip injury she suffered during a horse riding accident in 2012.

Before it's here, it's on the Bloomberg Terminal.
LEARN MORE