Anglo American cuts annual copper forecast on Chile water woes

The company has promoted one of its own employees to head the steelmaker and iron ore mining company.

Trend started at the end 
of January and it is likely to continue.

The move would drop the number of FTSE 100 with all-male boards to five.

The mine is one of the world's biggest copper-zinc pits.

“They can do what they want,” said Energy and Mines Minister Rich Coleman.

The country rejected Saturday an independent report claiming security forces used white phosphorus in a crackdown on a Chinese-backed copper mine protest last November.

The hefty impairment charge reflects higher-than-anticipated operating and sustaining capital costs at Lumwana.

Initial capital costs are estimated at US$196 million

It's not only copper production that's ramping up, but massive iron ore and gold projects are also nearing completion.