Anglo American Plc.

Thursday, May 26, 2011
By SHP

Anglo American Plc. (AGL, ISIN GB0004901517) is an international mining business which manages a large production of commidities such as diamonds, copper, nickel and iron ore as well as coal. It is also mines more platinum than any other company and controls around 40% of the global platinum market.

It started as the Anglo American Corporation (AAC) in 1917. It was founded by Sir Ernest Oppenheimer and JP Morgan. In 1928 the ACC started copper mining in Zambia.

Major Corporate Actions and Investments

  • 1926 – Became a major stakeholder in De Beers diamond mines
  • 1945 – Takeover of Coal Estates to start its coal mining operations
  • 1961 – Investments in the Hudson Bay Mining and Smelting Company
  • 1967 – Acquired Scraw Metals (steel industry)
  • 1967 – Founded the Mondi Group (timber, pulp and paper production)
  • 1970’s – Founded Amgold and Amcoal
  • 1999 – Merger with Minorco on 24/05/99 –  name changed to Anglo American plc
  • 1999 – AngloGold spun-off to form its own company
  • 2002 – Acquisition of Tarmac
  • 2002 – Acquisition of Shell Petroleum Company’s Australian coal assets
  • 2002 – Anglo Base Metals acquired the Disputada copper mines in Chile
  • 2003 – Became a major investor in Kumba Resources (iron ore)
  • 2004 – Merger with Ashanti Goldfields Corporation to form AngloGold Ashanti
  • 2007 – Mondi Group was spun-off
  • 2008/9 – Acquired Brazilian and Peruvian copper and iron ore mines
  • 2009 – Acquired the Alaskan Pebble copper project
  • 2009 – Acquired the Australian Foxleigh coal mine

Company Information

  • Head office: London
  • 20 Carlton House Terrace
  • London
  • SW1Y 5AN
  • Telephone: +44 (0) 20 7968 8888
  • Web: www.angloamerican.com

Company Registrar

  • Equiniti
  • Aspect House
  • Spencer Road
  • Lancing
  • West Sussex
  • BN99 6DA
  • UK
  • Telephone (UK): 0871 384 2026
  • From any other country: +44 121 415 7558
  • Shareholder Portal: www.shareview.co.uk

Anglo American Dividend Payments

Anglo America generally pay 2 dividends each year, an interim and a final. Dividends are declared in USD but Shareholders with registered addresses in the UK are paid their dividends in pounds sterling. You can see the dividend history here: www.angloamerican.com/aal/investors/divinfo/history

A dividend reinvestment plan is available through Equiniti in the UK and Link Market Services in South Africa.

Latest Company Update to “Anglo American Plc.”

  1. SHP

    “ANGLO American has reportedly cut the coking coal price it’s seeking from Japanese steelmakers in a move that could force Australian rivals to follow.” Full report on Herald Sun

    #539

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