The same mine that triggered the previous CEO's departure ...
Analysts say that Carroll undoubtedly made mistakes during her tenure, in particular over her decision to buy the entire Minas Rio iron ore project in Brazil, which is now billions of dollars over budget and five years behind schedule. [Feb 2013]
http://www.independent.co.uk/news/b...r-the-outsider-at-anglo-american-8488459.html
All up cost was $8.8B (cheaper than Sino Iron), but cash cost is supposedly $30-35/t.
http://www.bloomberg.com/news/2014-...ift-ebitda-by-560-million-bernstein-says.html
