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S.Africa moves to assure investors after mines unrest

South Africa moved Tuesday to assure mining executives that the country remains a safe destination for investment in the wake of deadly wildcat strikes, profit plunges and lay-off plans. "We stand ready to work with all of you to ensure that we build a mining industry that is resurgent, resilient and is able to function successfully to its full realisable potential," mining minister Susan Shabangu told thousands of delegates at the African Mining Indaba conference.

UPDATE 2-Anglo could bring in partner for Minas Rio-CEO

* Anglo could consider Brazil partner "if makes economic sense" * Says "confident" costs will remain within revised estimates * Says will press ahead with platinum overhaul plan "as laid out" By Clara Ferreira-Marques and Ed Stoddard CAPE TOWN, Feb 5 (Reuters) - Global mining group Anglo American could bring a partner into Minas Rio, a flagship iron ore asset in Brazil that has been battered by delays and cost overruns, outgoing chief executive Cynthia Carroll said on Tuesday.

Anglo American Platinum switches into deep losses, waives dividend

Strike-hit and top global platinum producer Anglo American Platinum (Amplats) reported on Monday a switch into a steep operating loss in 2012 amid surging operating costs, and said it was focusing on turning its performance around. The company reported an operating loss of 6,334 million rand for 2012 from a profit of 7,965 million rand in 2011 and said that what it termed headline earnings per share also switched into a loss of 5.62 rand from a profit of 13.65 rand ($1.53, 1.13 euro) in the previous year. Net debt shot up by 186 percent, and the company waived its dividend.

UPDATE 3-Australian mining veteran Cutifani to head Anglo

* Cutifani to take reins at Anglo American on April 3 * Has been CEO of AngloGold Ashanti since 2007 * Anglo shares trade more than 2 percent higher By Clara Ferreira-Marques LONDON, Jan 8 (Reuters) - Australian gold mining executive Mark Cutifani, a one-time trainee miner, has been appointed chief executive of Anglo American, taking on what analysts and investors say is one of the toughest jobs in the business.
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