Carroll Resigns As Amplats CEO

Reuters reported Cynthia Carroll resigned as chief executive of Anglo American (LSE:AAL) in a move that highlights the miner’s exposure to platinum.

As quoted in the market news:

Cynthia Carroll’s resignation as chief executive of Anglo American has highlighted the miner’s exposure to South African platinum, an industry crippled by violent strikes in recent months.

Carroll, who stepped down on Friday under pressure from investors over the miner’s lagging share price and continued dependence on strike-hit South Africa, spearheaded investments in iron ore and other resources to diversify beyond platinum.

Click here to read the full Reuters report.