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The big shareholder groups in Anglo American plc (LON:AAL) have power over the company. Institutions often own shares...
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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 .
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.
An earnings call is a teleconference, or webcast, in which a public company discusses the financial results of a reporting period ("earnings guidance"). The name comes from earnings per share (EPS), the bottom line number in the income statement divided by the number of shares outstanding.
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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]
Yahoo Finance is once again exclusively hosting the online stream of the Berkshire Hathaway 2018 Annual Shareholders Meeting on Saturday, May 5th. The event is scheduled to begin at 9:45 a.m. ET.