Anglo American CEO Says Miners Have Tough Choices to Make to Contain Costs, Reuters Reports

-- Anglo American's Chief Executive Duncan Wanblad said mining companies have to make "tough decisions" such as cutting costs as weak metals prices hit earnings across the sector, Reuters reports.

-- The statement comes one day after the diversified miner outlined plans to shed an undisclosed number of jobs, including head office jobs across its global operations, Reuters reports.

-- Wanblad spoke in a virtual address to a South African mining conference.

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(END) Dow Jones Newswires

10-05-23 0723ET