Platinum Investing News » Anglo American May Slash Spending 40%

Anglo American May Slash Spending 40%

February 8, 2009 @ 10:42 pm In Platinum Market News

Anglo American Plc, the world's biggest platinum producer, may cut spending plans for next year by more than 40 percent, reduce platinum output and delay iron- ore projects as metals prices sink.

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[1] here: http://www.bloomberg.com/apps/news?pid=20601116&sid=aPMIljmR3fuQ&refer=africa