Mining company Anglo American PLC on Wednesday reported an 18 percent rise in net profit for 2007 amid strong metals prices and a continued effort to refocus the company on core mining operations.
Chief Executive Cynthia Carroll said Anglo American was not "sitting idle" during a round of mergers and acquisitions sweeping the top tier of companies in her sector but added that she was not in talks with Xstrata PLC or other immediate peers.
"We are continuing to look at all options and how the industry is changing or could change over time," Carroll said in a call with reporters. "We believe we have the scale to do what is necessary …
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