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==Subsidiaries==
==Subsidiaries==
The group's subsidiaries include [[Tarmac (company)|Tarmac (UK)]], Copebras (Brazil), Anglo Platinum Ltd (South Africa). It also holds 45% of the diamond mining company [[De Beers]].<ref>Anglo American (2007)[http://www.angloamerican.co.uk/article/?afw_source_key=19ED07F3-C5AB-427C-BACE-6DABAC9037A7 ''History''], Corporate website [accessed [[21 July]] 2007]</ref> Mondi Paper and Packaging was spun out in 2007.
The group's subsidiaries include [[Tarmac (company)|Tarmac (UK)]], Copebras (Brazil), Anglo Platinum Ltd (South Africa). It also holds 45% of the diamond mining company [[De Beers]].<ref>Anglo American (2007)[http://www.angloamerican.co.uk/article/?afw_source_key=19ED07F3-C5AB-427C-BACE-6DABAC9037A7 ''History''], Corporate website [accessed [[21 July]] 2007]</ref> Mondi Paper and Packaging was spun out in 2007.

==Criticism==
In [[August]] 2007 British charity[[War on Want]] published a report accusing Anglo American of profiting from the abuse of people in the developing countries in which the company operates.<ref name="Anglo American: The Alternative Report">[http://www.waronwant.org/?lid=14777 Anglo American: The Alternative Report]</ref>


==References==
==References==

Revision as of 14:14, 6 August 2007

Anglo American plc
Company typePublic (LSEAAL, JSE: ANGLO)
ISINGB00B1XZS820 Edit this on Wikidata
IndustryMining
Founded1917
HeadquartersLondon and Johannesburg
Key people
Mark Moody-Stuart Chairman
Cynthia Carroll CEO
ProductsGold
Platinum
Diamonds
Coal
Paper and Packaging
Base metals
Ferrous metals & industries
Industrial minerals
Revenue$38,637 million (2006)
$9,832 million (2006)
$6,186 million (2006)
Number of employees
209,000
Websitewww.angloamerican.co.uk

Anglo American plc (LSEAAL, JSE: ANGLO) is a world-wide group of companies, originally founded in South Africa as a mining enterprise but now extending into other areas. Natural resources remains the focus of its operations. Its headquarters are in London, England with its primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index.

History

Sir Ernest Oppenheimer founded the Anglo American Corporation, a gold mining company, in 1917. The AAC became the majority stakeholder in the De Beers company in 1926. Two years later the AAC began mining in the Zambian copper belt. Anglo American merged with Minorco on May 24, 1999.[1] Its gold mining operations were spun off into the separate AngloGold corporation, which later merged with the Ashanti Goldfields Corporation to form AngloGold Ashanti.

Subsidiaries

The group's subsidiaries include Tarmac (UK), Copebras (Brazil), Anglo Platinum Ltd (South Africa). It also holds 45% of the diamond mining company De Beers.[2] Mondi Paper and Packaging was spun out in 2007.

Criticism

In August 2007 British charityWar on Want published a report accusing Anglo American of profiting from the abuse of people in the developing countries in which the company operates.[3]

References

  1. ^ History Angola American PLC
  2. ^ Anglo American (2007)History, Corporate website [accessed 21 July 2007]
  3. ^ Anglo American: The Alternative Report