Latest company news & releases |
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Anglo American reaffirms commitment to South Africa in meeting with President Jacob Zuma04 March 2010 |
Anglo American: update on operations in Chile01 March 2010 |
Cynthia Carroll Mining Indaba Speech: 02 February 201002 February 2010 |
Anglo American announces increase of convertible bond offering to US$1.7 billion following exercise of over-allotment option20 April 2009Anglo American plc (“Anglo American”) announces the full exercise of the over-allotment option (greenshoe) by Goldman Sachs International and Morgan Stanley & Co. International plc, on behalf of the Managers (as defined below), following the successful offering of its convertible bonds (the “Bonds”) on 16 April 2009, increasing the overall size of the offering to US$1.7 billion.
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Anglo American launches US$1.5 billion convertible bond16 April 2009Anglo American plc (the “Company” or the “Issuer”) announces that it intends to make an offering of US$1.5 billion principal amount of Convertible Bonds (“Bonds”) due 2014 (the “Offering”) in order to further strengthen its balance sheet, diversify its sources of funding and lengthen its debt maturity profile. The proceeds of the Offering will be used for general corporate purposes. Under the terms of the Offering, there will be a 90-day lock-up period on issuances or sales of shares or equity-linked securities by the Company, subject to certain customary exceptions.
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Anglo American places US$1.5 billion convertible bond16 April 2009Anglo American plc (the “Company” or the “Issuer”) is pleased to announce the successful placement of its offering of US$1.5 billion principal amount of Convertible Bonds (the “Bonds”) due 2014 (the “Offering”), announced earlier today. The proceeds of the Offering will be used for general corporate purposes. Under the terms of the Offering, there will be a 90-day lock-up period on issuances or sales of shares or equity-linked securities by the Company, subject to certain customary exceptions.
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Global leader in mining
Anglo American is one of the world's largest diversified mining groups. Our unique portfolio of high quality mining assets and natural resources includes precious, base metals and bulk commodities. We operate in Africa, Europe, South and North America, Australia and Asia.
Key Facts:
Headquarters: London, United Kingdom
Number of employees: 190,000 employees in our managed operations
Number of countries: 45
Core commodities:
Precious
- Platinum group metals
- Diamonds
Base metals
- Copper
- Nickel
- Zinc
- Phosphates
Bulks
- Ferrous metals - iron ore, manganese, steel
- Coal - thermal and metallurgical
Business units: Platinum, Diamonds, Base Metals, Ferrous Metals, Coal
Stock exchange listings: London and Johannesburg (secondary)
Operating profit (2007): $10.1 billion
Earnings (2007): $5.8 billion
Precious metals
Our platinum and diamond assets set us apart from our competitors. Anglo American's subsidiary, Anglo Platinum, is the world's largest platinum producer and we own 45% of De Beers, the world's leading diamond exploration, mining and marketing company.
Platinum
Anglo Platinum, a managed subsidiary, owns the largest platinum reserves in the world and it's the largest producer, generating some 37% of the world's newly mined platinum output. We mine, process and refine the full range of platinum group metals.
Find out more about our activities in platinum
Share of Group operating profit (2007): 28%
Share of Group net operating assets (2007): 35%
Diamonds
Independently-managed De Beers is the world's leading diamond exploration, mining and marketing company. De Beers generates about 40% (by value) of global rough diamond production, primarily in South Africa, Botswana, Namibia and Tanzania.
Find out more about our activities in diamonds
Share of Group operating profit (2007): 5%
Base metals
Anglo Base Metals' business produces copper, nickel, zinc, niobium, phosphate fertilisers, titanium dioxide and zircon in South America, southern Africa and Ireland. Associated by-products include lead, molybdenum and silver.
Find out more about our activities in base metals
Share of Group operating profit (2007): 45%
Share of Group net operating assets (2007):19%
Bulks
Our bulks division is focused on iron ore and coal. We are a leading coal producer and we are making significant progress in developing our iron ore footprint.
Ferrous metals
Anglo Ferrous Metals is the world's fourth largest iron ore producer. Other ferrous metal interests include manganese ore and alloy operations and carbon steel products.
Find out more about our activities in ferrous metals
Share of Group operating profit (2007):15%
Share of Group net operating assets (2007): 15%
Coal
Anglo Coal is one of the world's largest private sector coal producers and exporters. We mine coal in South Africa, Australia, South America and Canada. We are active partners in diverse clean coal energy initiatives.
Find out more about our activities in coal
Share of Group operating profit (2007): 6%
Share of Group net operating assets (2007):15%
Non-core businesses
Industrial minerals
Anglo Industrial Minerals' sole business is Tarmac, the UK's market leader in aggregates and asphalt, and a leading producer of ready-mixed concrete. Tarmac operates primarily in the UK, continental Europe and the Middle East. In August 2007, Anglo American decided to divest Tarmac, a process that will take place when credit market conditions improve.
Find out more about our activities in industrial minerals
Share of Group operating profit (2007): 5%
Share of Group net operating assets (2007):17%
