$93bn a year needed for Africa infrastructure

Copper production from Kamoa-Kakula now totals 345,042 tonnes for the year.

Africa’s second-largest copper producer is pursuing an ambitious plan to more than quadruple output of the metal by early next decade.

Anglo has agreed to sell its 33.3% stake in Jellinbah Group, a JV that owns 70% interest in the Jellinbah East and Lake Vermont coal mines.

Last week, the company admitted it faces a loss in Mongolia of up to $1.1 billion, linked in part to suspected fraud by its own employees.