This week, Michael's guest is Mark Cutifani, chairman of Vale Base Metals and formerly CEO of South African gold mining company, Ashanti, and British mining company, Anglo American.
He was born and grew up in Wollongong, Australia. After leaving high school in 1976, he joined Coal Cliff colliery and enrolled in the University of Wollongong to complete a degree in Mining Engineering. He graduated in 1982, top of his class. After working for Coal Cliff, he joined Kalgoorlie Gold Mines, the Western Mining Corporation, Normandy Mining and Sons of Gwalia. In 2007, Cutifani left Inco Limited, where he held the position of chief operating officer. On 17 September 2007, he joined Ashanti, as a director of the company and was appointed CEO on 1 October that year. Shortly after joining Ashanti, Cutifani introduced a campaign called "Safety is our first value". Research into the 2007 fatalities at the company had shown that 70% of the fatalities were caused by sub-standard operations or actions. Cutifani aimed to reduce the number of fatalities by changing the company's culture and improving communication, citing legacy issues from the past as a main cause for the fatalities. During his tenure, the fatality rate was reduced by 50%. He was one of the critics of the new Australian Mining Super Tax, which was announced in 2010, stating that it could delay or endanger the company's Tropicana Gold Mine project.
Links
Find out more about the Development Partner Institute here: https://www.dpimining.org
Find out more about the ICMM here: https://www.icmm.com
Read more about the Anglo American - Thungela de-merger here: https://www.worldcoal.com/coal/07062021/anglo-american-completes-demerger-of-thungela-thermal-coal-business/
Watch Anglo American's review of Mark's time with the company here: https://www.youtube.com/watch?v=zXaYCJOWg-4
Related Episodes
Material World - Ep149: Ed Conway: https://www.cleaningup.live/material-world-ep149-ed-conway/
650 Leagues of HVDC Under the Sea - Ep92: Simon Morrish: https://www.cleaningup.live/ep92-simon-morrish-650-leagues-of-hvdc-under-the-sea/
