Anglo American Company Description
Anglo American's name might be a little misleading -- it's never been American. The UK-based company owns significant stakes in global producers of platinum (75% of Anglo Platinum) and diamonds (45% of De Beers S.A.). In addition, Anglo American has interests in ferrous and base metals and industrial minerals; it also is among the world's largest independent coal miners. The company has spent much of the decade reorganizing its portfolio and has narrowed its focus. Though it used to have a majority stake in AngloGold Ashanti, Anglo American divested its remaining shares in 2009. The founding Oppenheimer family no longer controls Anglo American, though Nicky Oppenheimer, who chairs De Beers, sits on the Board.
View the Comprehensive Company Description for Anglo American
The Company Description provides a historical perspective of Anglo American's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Anglo American's evolution in the marketplace.
