Anglo to focus on cost cutting following disappointing 2023 performance
Mining major Anglo American chairperson Stuart Chambers and CEO Duncan Wanblad have both expressed disappointment with the company’s financial results for 2023, which were released on February 22. Chambers opened the presentation of the company’s results by candidly describing the company’s performance as "poor" owing to various factors including significant headwinds in platinum group metal (PGM) prices and diamond prices and volumes.