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VENETIA (miningweekly.com) – Diversified major Anglo American was giving consideration to building a new thermal coal mine in South Africa, CEO Mark Cutifanihas revealed.

Anglo American Coal already has ten coal mines in South Africa, which produce 59.2-million tons of coal a year, 16-million tons of which are exported.

Speaking to journalists after the launch of the new Venetia underground diamond mine, Cutifani said that the LSE- and JSE-listed company was not focusing only on cost cutting but also on investing.

http://www.miningweekly.com/article/anglo-mulling-new-coal-mine-in-south-africa-2013-10-23