Anglo American chief recovering after riding accident

Anglo American CEO Cynthia Carroll is recovering from an operation after injuring her hip while horse riding this weekend.

Carroll is reportedly ‘recovering well’ but has been advised by doctors not to travel internationally for the next two months, according to Bloomberg.

A spokesperson for the company, Pranill Rmachander, stated that "plans are in place to cover her overseas engagements," adding that she is expected to be back in the office by the end of next week.

Carroll was in Australia last year to announce the miner’s expansion of its underground coal operations in Queensland.

In December Anglo approved its five million tonne per annum coking coal mine in the Bowen Basin.

The greenfield project is located just south of the miner’s existing Moranbah North coal mine, and targets the same Goonyella Middle coal seam as the Moranbah mine.

It will be an underground longwall operation with a mine life of around 26 years.

Anglo will spend around US $1.7 billion on the mine in total.

Cynthia Carroll, Anglo American CEO, said "Grosvenor is the first of our next phase growth projects".

In April, Carroll announced a $2.7 billion growth plan for Grosvenor and the Moranbah South underground coal mines.

According to the miner the fully owned Grosvenor project forms a major part of Anglo’s strategy to triple its coking and metallurgical coal production from its Australian assets by 2020 using a standard longwall and CHPP design model.

 

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