across four continents
Carroll has earmarked half a dozen other Anglo subsidiaries for disposal including Catal?o (specialist alloys), Copebrás (fertilisers), Scaw SA (wire rope) and Callide Coal.
Cash raised from the sales programme will be used to cut Anglo's debt of about ￡7bn and provide capital for its global mining projects, which span platinum, nickel, iron ore, copper and coking coal (used to make steel) across four continents.
But speculation is swirling that some of the funds could be deployed to acquire majority control of De Beers, the mining company founded by Cecil Rhodes in the 19th century. Anglo owns 45%. The Oppenheimer family, which
happy speaks for 40%, is understood to be open to a sale of all or part of their holding.
