Anglo American

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{{#badges: CoalSwarm}}Anglo American is the world's second-biggest mining company, based in South Africa.

It owns a 53% stake in the world's largest gold-mining company, AngloGold Ltd., as well as 32% of De Beers, the largest diamond mining company.

"Anglo American plc was formed in May 1999 through the combination of Anglo American Corporation of South Africa (AACSA) and Minorco. It has its primary listing on the London Stock Exchange and is majority owned by UK institutions." [1]

A November 2007 presentation to investment analysts by the President of BHP Billiton Coal, Dave Murray, noted that Xstrata had an 6% share of the global coal export trade, making it the fourth largest coal exporter in the world.[2]

CCS Supporter

In November 2008, Roger Wicks, the head of Energy for Anglo American and the Chairman of the International Energy Agency's Coal Industry Advisory Board, supported the Australian govern,emt's proposal for the establishment of the Global carbon capture and Storage Institute. In a media release Wicks stated that "Anglo American believes carbon capture and storage is a vital technology for mitigating emissions from the use of all fossil fuels - coal, gas and oil. These fuels will continue to provide most of the world’s energy for decades to come and there is no doubt that coal based energy in particular will drive the ongoing industrialisation of key developing countries such as China and India. The deployment of carbon capture and storage is therefore essential to the stabilisation of atmospheric carbon dioxide levels. We welcome and look forward to supporting the Australian Government’s continued leadership on this issue."[3]

Management

Accessed November 2007: [4]

Critical Books

Contact

Web: http://www.angloamerican.co.uk

Resources and articles

Related Sourcewatch articles

References

  1. History, Anglo American, accessed November 26, 2007.
  2. Dave Murray, "BHP Billiton Coal CSG Anlayst Visit: Hunter Valley Energy Coal", BHP Billiton, November 2nd, 2007.
  3. Tshepiso, "Anglo American established as a Founding Member of the Global Carbon Capture and Storage Institute", Africa Investor.com, November 28, 2008.
  4. Management, Anglo American, accessed November 26, 2007.