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Anglo American cuts debt, issues record dividend

Anglo American had a bumper 2017, almost halving its net debt and paying out a record dividend as it improved productivity and efficiency across the business.

Anglo American cuts debt, issues record dividend Anglo American cuts debt, issues record dividend Anglo American cuts debt, issues record dividend Anglo American cuts debt, issues record dividend Anglo American cuts debt, issues record dividend

Mark Cutifani sees further upside for Anglo

The miner decreased its debt by 47% to US$4.5 billion as of December 31, citing a 93% boost in attributable free cash flow of $4.9 billion.

The FCF reflected strong underlying EBITDA and...