Anglo American plc (AAL.L)

Anglo American plc is a global leader in mining focused on adding value for shareholders, customers, employees and the communities in which it operates. The Group has a range of high quality, core mining businesses covering platinum, diamonds, coal, base and ferrous metals, industrial minerals. The Group is geographically diverse, with operations and developments in Africa, Europe, South and North America and Australia. Anglo American represents a powerful world of resources.

De Beers produces around 45% by value of the total annual global diamond production from its mines in South Africa, and through its 50:50 partnerships with the governments of Botswana and Namibia. Through its marketing arm, the London based Diamond Trading Company (DTC), De Beers markets over half of global supply and has conducted a renowned diamond advertising campaign for over half a century. The company, in partnership with Louis Vuitton Moet Hennessy (LVMH), is currently committed to exploring ways to exploit the value of its brand.

Anglo American's interest

Anglo American's diamond interests are represented by its 45% shareholding in De Beers Investments (DBI), the other shareholders are Central Holdings Limited, an Oppenheimer family holding company, (40%) and the Botswana Government (15%).

Parent company

De Beers Consolidated Mines Limited (DBCM) is the ultimate parent company in South Africa. The major diamond assets of DBCM consists of the South African diamond mines owned and operated by De Beers, and interests in the South African elements of the DTC. De Beers SA is the ultimate parent company outside of South Africa.

Stock exchange listings

The Company's ordinary shares are listed on the London Stock Exchange (the primary listing), the JSE Securities Exchange South Africa (JSE), the SWX Swiss Exchange, the Botswana Stock Exchange and the Namibian Stock Exchange. Dealings and settlements on the JSE are exclusively in electronic form through the STRATE system such that share certificates are not good for delivery on that exchange. Shareholders resident in South Africa who currently retain their share certificates and who may wish to deal on the JSE are advised to contact Ultra Registrars or their professional adviser regarding the options available to enable them to do so through the STRATE system.

What company mining?

Platinum
Anglo American's managed subsidiary, Anglo Platinum, mines, processes, refines and markets the entire range of platinum group metals (platinum, palladium, rhodium, ruthenium, iridium and osmium), and is the world's largest primary producer of platinum, accounting for some 37% of global supply. All Anglo Platinum's current operations are located in South Africa.

Gold
Anglo American's gold interests are represented by its 41.8% interest in AngloGold Ashanti, one of the world's leading gold producers, with operations in Africa, North and South America and Australia.

Diamonds
De Beers is the largest producer and marketer of gem diamonds by value in the world. De Beers' expertise extends to all aspects of the diamond industry, including prospecting, mining and recovery and, through the Diamond Trading Company, sorting, valuing and the sale of rough gem diamonds.

Coal
Anglo American plc's coal interests are held through its wholly owned Anglo Coal business, one of the world's largest private sector coal producers and exporters. Anglo Coal has mining operations in South Africa, Australia, Colombia and Venezuela. Anglo Coal produces thermal and metallurgical coals for international customers in the Med-Atlantic and Indo-Pacific markets as well as local customers in South Africa and Australia.

Base Metals
Anglo Base Metals comprises of copper, zinc, nickel and mineral sands operations and projects in South America, southern Africa and Ireland.

Industrial Minerals
Anglo Industrial Minerals has two subsidiaries: Tarmac and Copebrás. Tarmac is a leader in the construction materials business in the UK, continental Europe, the Middle East and Far East. It is principally involved in the production of crushed rock, sand and gravel, asphalt, concrete and mortar, concrete products, lime and cement. Copebrás is a leading Brazilian producer of phosphate fertilisers, phosphoric acid and sodium tripolyphosphate (STPP).

Paper and Packaging

Ferrous metals and Industries
Anglo Ferrous Metals and Industries is a leading producer of iron ore, vanadium, manganese and carbon steel with operations in South Africa, manganese operations in Australia and grinding media operations in North and South America and Australia.

Reinvestment plan of the company

A dividend reinvestment plan has been established with Lloyds TSB Registrars in the United Kingdom and Link Market Services South Africa (Pty) Limited whereby shareholders may reinvest the cash dividends that they receive in purchasing ordinary shares of Anglo American. The dividend reinvestment plan mandate and circular are available under related resources.

Executive team

The Board of directors is accountable to shareholders for the performance of the Company.The Board is chaired by Sir Mark Moody-Stuart.The chairman is responsible for leading the Board and for its effectiveness. And the chief executive is responsible for the execution of strategy and the day-to-day management of the Group, supported by the Executive Board which the chief executive chairs. Sir Rob Margetts is the senior independent non-executive director.
Cynthia Carroll - was appointed to the Board with effect from 15 January 2007, she became chief executive on 1 March 2007 and is a member of the Executive Board.
Renu Mudori - joined the Group and was appointed to the Board on 1 June 2005, becoming finance director on 1 September 2005. René Médori is a member of the Executive Board, chairman of the Investment Committee and a director of AngloGold Ashanti and De Beers sa.
David Hathorn - was appointed to the Board on 20 April 2005 and is a member of the Executive Board. David Hathorn is chairman and chief executive of the Mondi group.