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Diversified mining and marketing company Anglo American has announced several changes to its senior management team and organisation to lead what it describes as its “next phase of delivery”. The London- and Johannesburg-listed Anglo, headed by CEO Duncan Wanblad, which is reorganising how it manages its production businesses as well as the functional expertise that supports these businesses, has been refreshing its executive team over the last 12 months.
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Mineral Resources and Energy Minister Gwede Mantashe is convinced that mining companies can supplement State-owned Eskom’s supply of electricity, and that this would be critical for narrowing the electricity supply and demand gap, thereby improving South Africa’s mining industry global ranking, which was in the bottom quartile on both investment attractiveness and policy perception indexes by research organisation Fraser Institute’s 2022 survey of mining companies. “A success story is registered in the performance of Gold Fields, which registered a 10% production growth despite the 9% decline year-on-year in the sectors’ overall production. This is because they completed their 50 MW plant, which is giving them enough energy and registered some surplus. Therefore, the industry’s investment in expanding its own electricity capacity to power its operations gives us hope,” Mantashe said at the Minerals Council South Africa’s 133rd annual general meeting, in Johannesburg, on May 31.
The Minerals Council South Africa has officially appointed mining and renewable energy company Exxaro Resources' stakeholder affairs executive head Mzila Mthenjane as its new CEO. He will take over from Roger Baxter, who will be leaving the Minerals Council at the end of June.
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