AngloGold Ashanti (NYSE:AU) CEO Mark Cutifani presented the Sydney mining community with some challenging perspectives. From industry and community, through leadership and politics, Mr Cutifani laid out a roadmap for the Australian resource industry to engage in a plan to steer the sector out of the perceived "Resource Curse".
Presenting at the Sydney Mining Club in Sydney in July, Mark Cutifani CEO of African based global mining company, AngloGold Ashanti (NYSE:AU), stood before a capacity crowd over lunch and expanded on the company's achievements and plans. This 7 minute video includes the presentation made to the Mining Club.
Professor Bob Carter from James Cook University speaks at the Sydney Mining Club under the topic: Living with Carbon.
The Queensland floods have been described as unprecedented and their impact on the energy and resources industry, among other industries, will indeed be extraordinary. Early estimates place the cost of direct damages to the Queensland economy in the vicinity of billions of dollars (including an estimated cost of AUD$2.3 billion to resource companies according to the Queensland Resources Council), and some commentators are projecting this to become the most expensive disaster in Queensland and Australian history. Issues abound for companies with Queensland flood affected operations to plan for their recovery and return to business.
Organized by Duxes Business Consulting Inc. and endorsed by powerful organizations around the world, 2nd China Safe & Sustainable Packaging Summit 2011 will take place on March 23-25, 2011 in Hangzhou, China.
Australian share dropped sharply this morning, while most Asian markets also opened lower as Greece's debt woes lingered. Thursday Japan's Nikkei shed more than 1.7 per cent in early trade, and Australia's S&P/ASX200 declined 1.1 per cent. Yesterday Asian markets were stronger as technology stocks were encouraged by solid earnings from Apple and higher commodities prices pushed up resources shares. Japan's Nikkei and South Korea's Kospi climbed 1.7 per cent each, China's Shanghai Composite climbed 1.8 per cent.
AngloGold Ashanti Ltd. (ASX:AGG) (NYSE:AU) said on Wednesday that it has secured a US$1 billion, four-year unsecured revolving credit facility (RCF) for a syndicate of 16 banks.
