Anglo American plc

Anglo American is a global company that engages in the mining and processing of raw materials. The headquarters are located in London and Johannesburg. The company employs approximately 209,000 people and is the third largest of its kind The mining sector is ahead of the paper and packaging process, as well as the metal refining the core business of Anglo American.

History

The Anglo American Corporation was founded in 1917 by Sir Ernest Oppenheimer to exploit the gold deposits of the South African East Rand. The initial capital of one million pounds came for the most part by British and U.S. investors. Under the chairmanship of Sir Ernest Oppenheimer Anglo American expanded its role in the mining of gold and took over in 1926 the majority of shares in De Beers, the leader of diamond mining, in which Oppenheimer also assumed the position of CEO. Anglo American increased in the following years and expanded existing business. So you participated in the development of the Zambian Copperbelts, scooped discovered by Hans Merensky platinum deposits and promoted the establishment of the African Explosives and Chemical Industries ( AECI ), a division of the majority of shares they separated in 2001.

In the 1940s and 1950s, the company focused on the exploitation of the Orange Free State and Vaal Reefs gold mines. This Anglo American became one of the world's leading mining companies. After the death of Sir Ernest Oppenheimer, his son Harry Oppenheimer took over the position of the father. Began in 1961, Anglo American 's commitment to the acquisition of Hudson Bay Mining and Smelting Company of Canada and the Minerals and Resources Corporation (later Minorco ) outside Africa strengthened. The foundation of the Mondi Group in 1967, Anglo American was one of the biggest suppliers for paper and packaging in Europe.

In 1975 there were eight coal mines owned by Anglo American. These were (later Anglo Coal ) summarized in subsidiaries Amcoal. Moreover, the company was instrumental in the creation of the Richards Bay Coal Terminal in Richards Bay, South Africa was the rapidly ascended to one of the world 's largest coal exporters. After Harry Oppenheimer retired from the leadership of Anglo American and De Beers between 1982 and 1984, Gavin Relly and Julian Ogilvie Thompson took over the post of Chief Executive Officer of their respective companies. In the 1990s, followed by further acquisitions and the establishment of mines and mining companies. In Chile, the opening of two copper mines took place in the years 1993 and 1999, in Mali, the Sadiola Hill gold mine, 1997, the purchase of coal mines in Latin America and the construction of nickel and zinc mines in Venezuela and Ireland. As a result, more widely restructuring were the headquarters of Anglo American and Minorco, whose seat had been located in Luxembourg, London merged with the newly formed Anglo American plc. At the same time there was a separation of administrative and technical skills between De Beers and Anglo American.

The company today

Anglo American plc with its variety of subsidiaries and interests in companies engaged in the mining of raw materials such as platinum, diamonds, gold, coal, copper, tin, nickel and iron ore. The Group also operates facilities for the production of magnesium, steel and vanadium. The seised itself with the production of paper and packaging materials Mondi Group was spun on 2 July 2007 into an independent company.

Gold

Anglo American is 16.3 % equity interest in AngloGold Ashanti, the fourth largest gold producer in the world. AngloGold Ashanti was created in 2004 from the merger of AngloGold and Ashanti Goldfields of Ghana. The company is involved in a total of 25 things to do in eleven different countries. The yearly output is about six million ounces of gold. In addition to the exploitation of known deposits, the company operates the search for new reserves in the world.

Diamonds

On the diamond sponsor De Beers, Anglo American was until August 2012 with 45 %, the Oppenheimer family, with 40 % and the state Botswana owns 15%. Since August 2012, Anglo American also owns the Oppenheimer - share, ie a total of 85 % of De Beers. About stakes in companies such as Debswana Diamond Company and Namdeb Diamond Corporation De Beers achieved around 40% of world production, making it the world's largest diamond sponsor. In addition, De Beers has the in-house marketing companies over 50 % share of the global diamond trade.

Platinum

Through its subsidiary Anglo Platinum operates Anglo American mining, refining and sale of platinum. In this case, Anglo American, with 38 % of the annual emissions of the world's largest platinum producer of platinum. In the possession of the company, there are five platinum mines in South Africa as well as platinum smelting and refining plants for platinum. It can draw on the largest known platinum deposit, the Merensky Reef in the Bushveld complex in South Africa. In addition, several platinum deposits as a reserve to be available which make it possible to secure the Platinum promotion for the following years. Other products in the subsidiary are palladium, rhodium, ruthenium, iridium and osmium.

Ferrous metals

In Anglo Ferrous Metals and Industries, Anglo American achieved the removal and sale of iron ore, chromium, magnesium, vanadium and carbon steel.

Coal

Through its subsidiary Anglo Coal, which belongs to one hundred percent of Anglo American, the business of coal mining is controlled. Mines of Anglo Coal are located in Australia, Colombia, Venezuela and South Africa.

Non-ferrous metals

Anglo Base Metals serves the demand for non-ferrous metals such as copper, zinc, nickel and mineral sands. The company operates with several business interests in South Africa, Ireland, Chile, Peru, Brazil and Namibia.

Industrial minerals

Anglo Industrial Minerals consists of the company Tarmac and Copebrás. Of Tarmac is responsible for 90 % of the overall results of AIM. Tarmac is the market leader in asphalt, aggregates, concrete block and mortar in the UK. It is also a leader in the production of sand, gravel and stone products in Germany, the Czech Republic, Poland and Romania. Copebrás is a beheimatetes in Brazil company that manufactures phosphates and basic materials for the animal feed industry.