Anglo's survival gambit: it plans to cut ties with Amplats, De Beers in historic restructure

The Money Show

May 14 2024 • 7 mins

Peter Major, a mining expert and the director of mining at Modern Corporate Solutions, alongside host Bruce Whitfield, discuss Anglo American's defensive strategy against a potential takeover by rival BHP. Anglo American has announced a significant restructure—the most extensive in decades—where it plans to demerge its 79% stake in Anglo American Platinum (Amplats) and either sell or demerge De Beers, the diamond mining company it has been associated with for over a century.

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