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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 .
But Anglo American shareholders h. BHP (NYSE:BHP) has backtracked on remarks by its Chairman, Ken Mackenzie, about "moving on "from its failed $49 billion bid for Anglo American (OTCQX:AAUKF ...
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.
Anglo American responded with a swift restructuring, selling its Australian coal assets for $3.8 billion, spinning off its South African platinum operations, and working on Brazilian nickel asset ...
In 2011, Anglo American took control of De Beers after buying the Oppenheimers' family stake of 40% for US$5.1 billion (£3.2 billion) and increasing its stake to 85%, ending the 80-year Oppenheimer control of the company. [12] In May 2024, Anglo American announced its intention to spin off or sell De Beers. [13]
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