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In July 2015, Anglo American announced that it would cut 53,000 jobs (35% of their workforce) and that in the first half of 2015, they had a financial loss of US$3 billion. [43] In early December 2015, the company announced that, as part of a restructure , it would be cutting a further 85,000 mining jobs, nearly two-thirds of its work force of ...
In December 2020, Anglo American stated their intent to spend a further $200 million on top of the already allocated $300 million to enable ground and tunneling works to "gather pace [in 2021]". They also announced further jobs that they will recruit for so that by spring 2020, the total number of personnel on site would be 1,400. [36]
BHP made an offer to acquire Anglo American for £31 billion in April 2024; however, the offer was rejected by the Anglo American as "highly unattractive". [98] A revised offer was also rejected in May 2024. [99] [100] In July 2024, BHP and Lundin Mining agreed to jointly acquire 100% of Filo Corp. through a Canadian plan of arrangement. BHP ...
In January 2020, Anglo American confirmed it was considering making a bid to buy Sirius, [10] making a 5.5p per share offer to buy the project for £400m. In salvaging the financially troubled project, Anglo American envisages spending around £230m to keep construction going through to at least 2022. [11]
In August 2008 British charity War on Want published a report accusing Anglo American (who at the time owned 17% of AngloGold Ashanti) of profiting from the abuse of people in the developing countries in which the company operates. [22] The company disclosed itself in 2006 or in 2008 for unacceptable safety performance in its platinum mines.
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