Anglo faces headwinds in keeping restructuring on track
Anglo has been forced to accelerate its restructuring after successfully holding off a bid from BHP, the world’s biggest miner.
Saxomarkets graphed some of the reasons that the rug was pulled out from gold last month when the precious metal suffered its biggest two-day drop in 30 years.
Since the start of the year, gold is down 16.34% or US$270.70. Spot gold currently trades at $1,386 per ounce.
The big drop started with Cyprus.
