LONDON, February 17, 2012 /PRNewswire/ --
In an online video interview with MerchantCantos, Anglo American CEO Cynthia Carroll conceded that high commodity prices helped boost profits but insisted that the mining giant's focussed operations played their part.
Interviewed on the group's full-year 2011 results she said: "No matter where we are in the cycle and where the prices are, we are delivering value on a sustainable basis."
The mining boss noted the consolidation in the sector describing it as "part of the industry". She reassured investors that Anglo American was on the right side of contentious legal battle with the Chilean government over copper assets and that its flagship iron ore project at Minas-Rio in Brazil was finally on track.
The interview and transcript are available now on http://www.cantos.com/company/Anglo%20American.
MerchantCantos produces in-depth interviews, documentaries and webcasts with senior company executives. If you would like to contact us, please email firstname.lastname@example.org or phone +44(0)207-936-1352.
SOURCE Anglo American Plc