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Anglo puts a brave face on radical cost cutting – Financial Mail

Anglo puts a brave face on radical cost cutting – Financial Mail

ANGLO American might have scored public relations points by paying an interim dividend, but was this wise? After all, the figures for the half year to June hardly painted a picture of a robust mining giant with cash to spare: cash flows from operations have fallen, the outlook for commodities remains weak, assets are being sold off to cut debt and jobs are being lost. Abdul Davids comments.
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