CAPITAL MARKETS

Anglo American exits zinc

MINING giant Anglo American has offloaded its entire zinc portfolio to London-based Vedanta Resources for $US1.33 billion ($A1.47 billion).

Kristie Batten
Anglo American exits zinc

The consideration is on an attributable, debt and cash-free basis. The assets comprise the Skorpion mine in Namibia, Lisheen mine in Ireland and 74% stakes in the Black Mountain mine and the Gamsberg...

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