Anglo American plc
| Anglo American Logo | |
| Company type | Public (LSE: AAL, JSE: ANGLO) |
|---|---|
| ISIN | GB00B1XZS820  |
| Industry | Mining |
| Founded | 1917 |
| Headquarters | London and Johannesburg |
Key people | Mark Moody-Stuart Chairman Cynthia Carroll CEO |
| Products | Gold 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 |
| Website | www.angloamerican.co.uk |
Anglo American plc (LSE: AAL, 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
External links
- Anglo American plc website
- D.R. Congo: Gold Fuels Massive Human Rights Atrocities, Leading international corporations established links to warlords, Human Rights Watch, 2 June 2005
