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Anglo Says Cleaning Up Mining Will Earn It Billions in Profit

  • Miner to spend $200 million a year on new sustainability goals
  • Company remains one of the biggest thermal coal producers
De Beers Studies Soaking Carbon Into Diamond-Mine Waste Rock
Photographer: Waldo Swiegers/Bloomberg

Mining is a dirty business, but Anglo American Plc Chief Executive Officer Mark Cutifani says it doesn’t have to be.

The miner of everything from copper to diamonds to iron ore is overhauling its sustainability targets, and predicts it can earn an extra $9 billion through 2030 by improving the way it mines and boosting relations with governments and communities.