Anglo American (mining)

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Anglo American plc
Anglo American Logo
Type Public (LSE: AAL)
Founded 1917
Headquarters London and Johannesburg
Key people Mark Moody-Stuart, Chairman
Anthony Trahar, CEO to March 2007
Cynthia Carroll CEO from March 2007
Industry Mining
Products Gold
Platinum
Diamonds
Coal
Paper and Packaging
Base metals
Ferrous metals & industries
Industrial metals
Revenue $38,637 million (2006)
Operating income $9,832 million (2006)
Net income $6,186 million (2006)
Employees 209,000
Slogan N/A
Website www.angloamerican.co.uk

Anglo American plc (LSE: AAL) 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, UK. It has its primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index.

Contents

[edit] History

The origins of Anglo American lie in the Anglo American Corporation which was founded in 1917 by Sir Ernest Oppenheimer. The name derives from the locations of the sources of finance that were raised to form the company. The current company was formed in 1999 when it merged with Minorco. Its gold mining operations were spun off into the separate AngloGold corporation, which later merged with the Ashanti Goldfields Corporation to form AngloGold Ashanti.

[edit] Subsidiaries

The group's subsidiaries include Tarmac (UK), Copebras (Brazil) and Mondi. It also holds 45% of De Beers. [1]

[edit] External links

[edit] References

  1. ^ History, Anglo American website


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