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Anglo takes axe to spending, new projects

MINING giant Anglo American will slash its 2009 capital expenditure by more than half and defer n...

Kate Haycock
Anglo takes axe to spending, new projects

The United Kingdom-based company said it intends to reduce its 2009 capex to $US4.5 billion ($A6.4 billion). This capex includes $1.3 billion of stay-in-business spending, lower than 2008 levels, the...

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