Mining News

Anglo American, IFC ink $100m sustainability-linked loan to benefit South African mine communities

Diversified miner Anglo American has signed a $100-million ten-year loan agreement with the International Finance Corporation (IFC) linked to the delivery of sustainability goals that are integral to the mining group’s Sustainable Mining Plan. The specific goals tied to the loan agreement are aimed at supporting community development in rural communities close to Anglo’s mining operations across South Africa, including by promoting the creation of jobs, as well as improving the quality of education for more than 73 000 students.

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