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Anglo American plc Message Board

  • Vaalie60 Vaalie60 Dec 10, 2010 1:09 PM Flag

    Anglo scores Brazilian mining licence

    Anglo American sets sights on iron ore it’s Minas Rio project
    ALLAN SECCOMBE
    Published: 2010/12/10 04:59:50 PM

    ANGLO American secured a key licence for its Minas Rio project in Brazil, clearing one of the regulatory hurdles holding up the start of an important iron ore project for the group.

    Minas Rio is one of the key growth projects in Anglo and the company has ramped up the cost from the original $2.7bn to an expected $4.5bn by July this year. Two of the key projects in Anglo are in iron ore.

    [more . .
    http://www.businessday.co.za/articles/Content.aspx?id=129218

 
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