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Anglo American plc is a British multinational mining company with headquarters in London, England. It is the world's largest producer of platinum , with around 40% of world output, as well as being a major producer of diamonds , copper , nickel , iron ore , polyhalite and steelmaking coal .
The big shareholder groups in Anglo American plc (LON:AAL) have power over the company. Institutions often own shares...
Anglo American is the company's majority shareholder. On 5 October 2012, Anglo American Platinum made 12,967 striking South African miners redundant . [ 1 ] In July 2014, Amplats announced it would sell many of its South African mines following the negative effect of five months' worth of strikes on the firm's hopes of becoming profitable.
In 2002, Anglo American purchased a 35% portion of Avmin. [7] But the former's investment potential was short-lived when Avim sold a portion of its ownership in Avgold from 60 to 42 percent. [ 7 ] Anglo then sold their 34.5% share of Avmin to Harmony and ARMgold in May 2003.
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Stuart John Chambers (born May 1956) [1] is a British businessman. He has served as the chairman of Anglo American plc since 1 November 2017.. Until 31 March 2021, Mr. Chambers served as chairman of Travis Perkins, having joined the board as a non-executive director in 2017.
AngloGold had been a gold mining company based in South Africa, majority-owned by the Anglo American group. This came almost a year after the merger was announced on 16 May 2003. In the transaction, Ashanti shareholders received 0.29 ordinary shares of AngloGold for every Ashanti share. [5]