Job losses are hot-button issues in the lead-up to the May 29 election.

Naidoo has been acting CFO since October 2023.

The company’s reputation is in tatters after a series of missteps sent its value plunging by half. And now industry heavyweight BHP is moving in.

The deal worth about $39 billion would involve Anglo exiting its platinum and iron ore assets in the country.

The company is pursuing a multiphase program at the 260-sq.-km Marathon property in Ontario.

The proposal comprises an all-share offer for Anglo American by BHP.

Takeover would represent the first mega deal among the world’s biggest diversified miners in over a decade. 

The filing of a resource estimate in November qualified Power Nickel for 30% more in the project to conclude the earn-in agreement.