Bloomberg News

Anglo American CEO Recovering After Horse-Riding Accident

February 03, 2012

(Adds Anglo deals in fourth paragraph.)

Feb. 2 (Bloomberg) -- Anglo American Plc Chief Executive Officer Cynthia Carroll is “recovering well” from an operation following a hip injury she sustained during a horse-riding accident at the weekend.

She has been advised by her doctor not to travel internationally for about two months, Pranill Ramchander, a spokesman for the London-based company, said by phone today. “Plans are in place to cover her overseas engagements,” he said, adding she is in full contact with her executives and is expected back in the office by the end of next week.

Carroll, among the 40 most powerful women in the world according to Forbes magazine, manages the world’s fourth-largest diversified mining company with iron-ore and diamond mines from Brazil to Australia. Carroll, also a BP Plc board member, oversees Anglo’s $33 billion of annual sales and a project pipeline of as much as $85 billion.

She’s leading Anglo’s $5.1 billion takeover of De Beers, the world’s largest diamond producer, and a legal dispute with state-owned Codelco in Chile, the world’s largest copper producer, where Anglo has six operations.

Anglo headed for its highest closing level in nine months in Johannesburg trading as Xstrata Plc and Glencore International Plc’s possible combination sparked speculation the new entity could make a bid for Anglo. The stock rose as much as 4.3 percent to 343.69 rand and traded at 343 rand as of 12:53 p.m.

--Editors: Ana Monteiro, Amanda Jordan

To contact the reporter on this story: Carli Lourens in Johannesburg at clourens@bloomberg.net

To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net


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