Anglo American

Anglo American is the global leader in mining and natural resources industry. Anglo American Corporation was founded in 1917. Anglo American plc was formed in May 1999 through the combination of Anglo American Corporation of South Africa (AACSA) and Minorco.

The mission of Anglo American is to add value for shareholders, customers, employees and the communities in which the Group operates.

Their strategy Anglo's centers around achieving world class performance in all areas of the business. They are concerned with:

The businesses of Anglo American are:

• Platinum
• Gold
• Diamonds
• Coal
• Base Metals
• Industrial minerals
• Paper and packaging
• Ferrous metals and Industries

Key Statistics

• Anglo American holds assets of $51,890 millions.
• Anglo American has made profits of $3,521 millions in 2006.
• Anglo American operates in all parts of the globe including Africa, North America, South America, Asia (including Australia) and Europe.
• Anglo American has 195,000 employees.

Organization

The corporate governance structure includes:

• Board of Directors
• Board Committees—
• Remuneration Committee
• Safety & Sustainable Development Committee (S&SD)
• Nomination Committee
• Audit Committee (External Audit and Internal Audit)
• Executive Management—
• Executive Board
• Investment Committee

International Ranking

• Anglo American ranks 196 in the world in Fortune Global 500 rankings.
• The Forbes Magazine ranks the company 116 in the world.

The company has many subsidiary units in its areas of operations.

Recent Acquisitions and merger

• The merger between Anglo American Corporation of South Africa (AACSA) and Minorco resulted in the formation of Anglo American in 1999. Since then, the company has made a number of acquisitions, which include:
• The acquisition of Tarmac plc, which established Anglo American as the leading player in the UK aggregates market and no.2 in ready-mixed cement.
• The acquisition of Assi Domain's paper sacks business and the acquisition of a controlling interest in the Russian Syktyvkar Forest Enterprise business.
• The acquisition of Shell's Coal interests in Australia and Venezuela and the subsequent purchase of a one third interest in Colombia's largest coal mine, Cerrejon Norte.
• The purchase of De Beers, following which Anglo increased its share in De Beers to 45%.
• The acquisition of Disputada (renamed Minera Sur Andes) in Chile.
• Acquisition of a 67% stake in Kumba Resources Limited.

Headquarter Address

20 Carlton House Terrace,
London, SW1Y 5AN
United Kingdom
Phone: 44-20-7698-8888
Website URL : www.angloamerican.co.uk