Cutifani departs Anglo American on an investment high

Cutifani was appointed to his leadership position on April 3 , 2013 . During the last nine years , he has ensured the mining giant kept a tight rein on costs while capitalising on commodity booms – and , judging by the timing of his departure , with shares touching a 20-year high , his record is likely to be viewed favourably .

Cutifani ’ s main achievement is holding Anglo American together through some interesting times and , broadly speaking , managing “ to keep it out of the kinds of ESG and political trouble that Rio Tinto , BHP , and Glencore periodically run into ”, according to Proactive Investors . He oversaw transformational improvements via its P101 and FutureSmart Mining programmes , both of which aim to drive operations towards carbon neutrality before 2040 . Latterly , he proactively managed the health , social and economic effects of the pandemic , considering the “ entire ecosystem of [ our ] business ”, acknowledging that operations and host communities must both be healthy to prosper on a sustainable basis .

Cutifani saw a material opportunity for Anglo American to set itself apart , in terms of the performance of its diversified business – further enhanced through 25 % projected volume growth over the next three years , led by copper and platinum group metals .

Prior to his move to Angle American , Cutifani was – from 2007 – CEO of AngloGold Ashanti , the South Africabased gold producer . Here , he led the successful restructuring and development of its business , which includes operations in 10 countries on four continents .

Previously , he was also the Chief Operating Officer of CVRD Inco , the Canadian nickel company .

He started his career in the coal and gold mining industries in Australia , cultivating experience across a wide range of commodities , and he also holds a degree in Mining Engineering .

miningdigital . com 17