| Anglo American PLC | |
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| Type | Public (LSE: AAL) |
| Founded | 1999 |
| Headquarters | London, England, UK |
| Area served | South Africa (Core Market) |
| Key people | Sir Mark Moody |
| Industry | Mining |
| Products | Packaging and Paper, Ferrous metals, Industrial minerals, Platinum, Nonferrous metals, Coal, Gold |
| Revenue | $35. A public company usually refers to a company that is permitted to offer its registered securities ( Stock, bonds, etc The London Stock Exchange or LSE is a Stock exchange located in London, England. London ( ˈlʌndən is the capital and largest urban area in the United Kingdom. England is a Country which is part of the United Kingdom. Its inhabitants account for more than 83% of the total UK population whilst its mainland The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom, the UK or Britain,is a Sovereign state located The Republic of South Africa (also known by other official names) is a country located at the southern tip of the continent of Africa Sir Mark Moody-Stuart (Born 15 September 1940 Antigua) was appointed non-executive chairman of Anglo American plc in 2001 and is an ex-chairman of Royal Dutch For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" Mining is the extraction of valuable Minerals or other geological materials from the earth usually (but not always from an Ore body In Marketing, a product is anything that can be offered to a Market that might satisfy a want or need Packaging is the science art and technology of enclosing or protecting products for distribution storage sale and use Paper is thin material mainly used for writing upon printing upon or packaging Industrial minerals are geological materials which are mined for their commercial value which are not fuel (fuel minerals or Mineral fuels) and are not sources of metals ( Platinum (ˈplætɪnəm is a Chemical element with the Atomic symbol Pt and an Atomic number of 78 Ferrous, in the chemical science realm indicates a bivalent iron compound (+2 oxidation state (as opposed to Ferric, which indicates a trivalent iron compound (+3 oxidation Gold (ˈɡoʊld is a Chemical element with the symbol Au (from its Latin name aurum) and Atomic number 79 In business revenue or revenues is Income that a company receives from its normal business activities usually from the sale of goods and services The dollar (often represented by the Dollar sign: "$" is the name of the official Currency in several countries dependencies and other 674 billion (2007) |
| Operating income | $10. In financial and business Accounting, earnings before interest and taxes (EBIT is a measure of a firm's profitability that excludes interest and income tax expenses The dollar (often represented by the Dollar sign: "$" is the name of the official Currency in several countries dependencies and other 116 billion (2007) |
| Net income | $7. Net income is equal to the Income that a firm has after subtracting costs and Expenses from the total Revenue. The dollar (often represented by the Dollar sign: "$" is the name of the official Currency in several countries dependencies and other 304 billion (2007) |
| Employees | 162,000 (2007) |
| 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. Employment is a Contract between two parties, one being the employer and the other being the employee. A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages The London Stock Exchange or LSE is a Stock exchange located in London, England. A corporation is a separate legal entity usually used to conduct business The Republic of South Africa (also known by other official names) is a country located at the southern tip of the continent of Africa Mining is the extraction of valuable Minerals or other geological materials from the earth usually (but not always from an Ore body Natural resources remains the focus of its operations. Its headquarters are in London, UK with its primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. London ( ˈlʌndən is the capital and largest urban area in the United Kingdom. The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom, the UK or Britain,is a Sovereign state located The London Stock Exchange or LSE is a Stock exchange located in London, England. The FTSE 100 Index (ˈfʊtsiː footsie, abbreviated Financial Times Stock Exchange Index) is a Share index of the 100 most highly capitalised
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History
Sir Ernest Oppenheimer founded the Anglo American Corporation, a gold mining company, in 1917. Sir Ernest Oppenheimer ( 22 May 1880 – 25 November 1957) was a Diamond and Gold mining entrepreneur financier and philanthropist The AAC became the majority stakeholder in the De Beers company in 1926. A corporate stakeholder is a party who affects or can be affected by the company's actions De Beers and the various companies within the De Beers Family of Companies engage in exploration for diamonds, diamond mining diamond trading and industrial diamond manufacture Two years later the AAC began mining in the Zambian copper belt. Copper (ˈkɒpɚ is a Chemical element with the symbol Cu (cuprum and Atomic number 29 Anglo American merged with Minorco on May 24, 1999. Events 1218 - The Fifth Crusade leaves Acre for Egypt. 1276 - Magnus Ladulås is crowned [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. AngloGold was a gold mining company based in South Africa and majority-owned by the Anglo American group This is the article on the mining company For the football club of the same name see Ashanti Gold SC. AngloGold Ashanti Limited ( is a global Gold mining company with mines on four continents
Subsidiaries
The group's subsidiaries include Tarmac (UK), Copebras (Brazil), Anglo Platinum Ltd (South Africa). Tarmac is a company based in Wolverhampton and operating in the United Kingdom. It also holds 45% of the diamond mining company De Beers. De Beers and the various companies within the De Beers Family of Companies engage in exploration for diamonds, diamond mining diamond trading and industrial diamond manufacture [2] The Mondi Group was spun out in 2007. The Mondi Group plc () is a leading British -based Paper and packaging manufacturer
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. War on Want is an anti-poverty charity based in London, England, which highlights the needs of Poverty -stricken areas around the world According to the charity, "in the Philippines and South Africa, local communities threatened with Anglo American mines have faced severe repression in their fight to stay on their land, while in Ghana and Mali, local communities see little of the huge profits being made by AngloGold Ashanti but suffer from fear and intimidation and from the damaging impact of its mines on their environment, health and livelihoods". The Philippines ( Filipino: Pilipinas, officially known as the Republic of the Philippines (fil ''Republika ng Pilipinas'' RP The Republic of South Africa (also known by other official names) is a country located at the southern tip of the continent of Africa The Republic of Ghana is a country in West Africa. It borders Côte d'Ivoire (Ivory Coast to the west Burkina Faso to the north Togo to the Mali, officially the Republic of Mali (République du Mali is a Landlocked nation in Western Africa. AngloGold Ashanti Limited ( is a global Gold mining company with mines on four continents [3]
Anglo American was also accused in 2007 of damageable environmental practices: in order to complete its planned Alaskan Pebble Mine in collaboration with Northern Dynasty Minerals, the global mining giant may build a massive dam at the headwaters of the world's largest sockeye salmon fishery, which it would risk obliterating. Pebble Mine is the common name of an advanced mineral exploration project investigating large Copper, Gold, and Molybdenum deposits in the Bristol A dam is a barrier that divides waters. Dams generally serve the primary purpose of retaining water while other structures such as Floodgates, Levees Sockeye salmon ( Oncorhynchus nerka) also called red salmon or blueback salmon, is an Anadromous Species of Salmon [4] Opponents are also pointing to the use of cyanide, heavy metals, and acid mine drainage which can all have potentially devastating effects on the pristine environment of the Bristol Bay area. A cyanide is any Chemical compound that contains the cyano group (C≡N which consists of a Carbon Atom triple-bonded to a Acid mine drainage ( AMD) or acid rock drainage ( ARD) refers to the outflow of Acidic water from (usually abandoned Metal mines Bristol Bay ( Iilgayaq in Central Yup'ik) is the eastern-most arm of the Bering Sea, at 57° to 59° North 157° to 162° West
References
- ^ History Angola American PLC
- ^ Anglo American (2007)History, Corporate website [accessed 21 July 2007]
- ^ Anglo American: The Alternative Report
- ^ The Washington Post. Events 356 BC - Herostratus sets fire to the Temple of Artemis in Ephesus, one of the Seven Wonders of the World Alaskans Weigh the Cost of Gold. Retrieved on 2007-12-27. Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. Events 537 - The Hagia Sophia is completed 1512 - The Spanish Crown issues the Laws of Burgos, governing the
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
- Mining, De Beers, Anglo American Documentary On Google
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