Download Full

Total Page:16

File Type:pdf, Size:1020Kb

Download Full City INDEX Press Created by City Press PEOPLE editorial in P6 - 16 partnership with Anglo American Project editor: Gayle Edmunds Commissioning editor: Nicki Gules Designer: PLACES Jan Morgenrood Sub-editor: P17 - 27 Laila Steele Contributors: S’thembile Cele Jade Davenport Msindisi Fengu Maya Fisher-French Christina Kennedy Lucas Ledwaba Tebogo Letsie Rudi Louw Isabella Maake Zinhle Mapumulo PARTNERSHIPS Siyanda Mayeza Lubabalo Ngcukana P28 - 38 Leon Sadiki Poloko Tau Dewald van Rensburg Sizwe Sama Yende Additional photos: Mukurukuru Media, Liza Coetzee and Anglo American archives For more PROSPECTS information about bespoke P39 - 51 editorial projects, contact Gayle Edmunds (managing editor) on gedmunds@ citypress.co.za or call 011 713 9154 2 ANGLO AMERICAN 100 YEARS Mondli Makhanya A century OF SHARED STORIES popular pamphlet distributed career towards conflagration after that in mass democratic The leadership historic meeting, but a door was opened movement circles in the and staff of and seeds of trust planted. That 1980s carried a graphic engagement was to play a major role in cartoon that demonstrated Anglo American the detente that eventually led to our the influence of Anglo now reflects democratic breakthrough. AAmerican on the lives of South Africans. After 1994, Anglo American, as a focused It showed how a worker would wake up ‘‘ South Africa. mining giant, led the conquest of global in the morning and eat a breakfast Interventions in markets following government’s decision to containing ingredients supplied by an allow South African companies to list Anglo American-controlled company, get education, health, abroad. into a car, taxi or bus that contained entrepreneurship Anglo American has played partner to components made by a firm in which the government, labour and civil society in corporation had interests’ and work for a and social housing building an inclusive, transformed and company with links to 44 Main Street. His prosperous society. It has not been an easy lunch and supper would also contain have had a major ride – as evidenced by some of the elements of Anglo American, as would the impact on the uncomfortable and, at times, acrimonious beer he drank to wind down after work. conversations that have had to take place. The corporation had a place in virtually development of But the fruits are there to see. every aspect of his day. the new society Anglo American was a major catalyst for In those days, Anglo American was the the BEE project that helped to create a stuff of myth and legend. To some, it was wave of black industrialists. The leadership the face of the capitalist system that went ANC in Lusaka – at the height of the state and staff of Anglo American now reflects hand in hand with apartheid. To the of emergency and when war seemed South Africa. Interventions in education, Afrikaner establishment, it was the face of inevitable. The trip served not only to health, entrepreneurship and social housing English liberalism; an obstacle to the grand undemonise the ANC leadership in the have had a major impact on the apartheid dream. To others, it was a model eyes of white South Africa – which development of the new society. of how to build, grow and consolidate a infuriated the Botha inner circle – but it The Anglo American story is the South business. To most, it was a place to work, also opened the door for influential people African story. It is a story that has innovate and achieve – a vital cog in the within the establishment to reach out to traversed epochs of South African history: South African economic machine. the liberation movement. from colonialism and apartheid to the In his seminal book, Anglo American and Reporting back from the meeting, liberation struggle, civil uprisings and the the rise of modern South Africa, renowned Premier Milling CEO Tony Bloom said this birth of democracy to the cementing of a academic Duncan Innes wrote: “In virtually about the ANC delegation, which included nonracial society. It is a story that can be every major sphere of mining, financial Oliver Tambo, Chris Hani and Thabo told through the lens of two world wars, a and industrial activity in the country, the Mbeki: “It was difficult to view the group cold war and civil conflict. It is also a name Anglo crops up as either the as hardline Marxists; bloodthirsty terrorists story of a country that believed in itself; dominant authority ... or at least as an who are interested in reducing South that chose peace and common nationhood important influence.” Africa to anarchy and seizing power, with a above blood and division. It was no coincidence, then, that one of hatred of whites ...” Our writers will take you on this the initiatives that began to open the door He continued: “Without in any way incredible journey through the life of a to negotiations between the ANC and the wishing to be seduced or hypnotised by company whose history is deeply apartheid regime was spearheaded by then- the occasion, I believe that they are people intertwined with the history and Anglo American boss Gavin Relly. In with whom serious negotiation can be development of the South African nation. defiance of then president PW Botha, Relly undertaken and with whom a certain Enjoy the journey. led a delegation of white industrialists, amount of common ground can be found.” politicians and intellectuals to talk to the South Africa may have continued to Mondli Makhanya, editor in chief ANGLO AMERICAN 100 YEARS 3 OF ANGLO AMERICAN am very proud to be leading Anglo American at such a special moment in its history. As we celebrate our 100th birthday, it is the perfect opportunity to reflect, but also to look ahead to the future of this truly great company. IFor much of our history, Anglo American has been known as the miner’s miner, leading not only in groundbreaking technological advances, but also in the societal aspects of mining that are so integral to the sustainability of our business. Over the decades, we have certainly shown great resilience, expanding the business, investing in many disparate ventures and then Mark Cutifani, chief executive focusing on our mining heritage and real expertise. Since 1917, through the many social, political and economic changes the company has encountered, we have persevered and adapted, often making tough choices along the way. We have evolved, and will continue to evolve, to make sure we are fit for the A WORK future and playing to our competitive strengths. Why? Because that is what our stakeholders rightly expect of us. OF OUR PEOPLE As we stand here today, there is no doubt that, as an industry, we need to do things in and around our host communities; but we differently to find new, safe, responsible and It is our people need to strive to do more. cost-effective ways to mine the products that who have worked Our focus on innovation – including across are demanded by a rapidly urbanising and the span of sustainability – is what will also growing global population. We are redefining hard, contributed, help us maintain resilience in an uncertain the future of mining and are committed to developed, world. We have shown our tenacity and spirit this through our FutureSmart Mining™ over the past 100 years and have always approach to innovation, which applies innovated, strived for improvement and progress, cutting-edge technological advances and ‘‘ investing with the future in mind even collaborated and innovative thinking to address mining’s major during tough times. We must manage our challenges, including safety, health, energy, cared, building a own destiny, not rely on others, and be more water and community engagement. company that has nimble than our competitors. We won’t achieve this step change without Anglo American wouldn’t have reached its being responsible and collaborative partners, stood the test of 100-year milestone – or be the company it is and gaining the trust that society demands today – without the contributions of our of us. We have set ourselves ambitious time. And it is our many employees and partners. It is our targets to renew our commitment to people who are people who have worked hard, contributed, sustainability in critical areas such as safety, developed, innovated, collaborated and cared, education, biodiversity, energy efficiency and helping us building a company that has stood the test job creation. Sustainability is – and will redefine mining of time. And it is our people who are helping remain – at the heart of our decision-making us redefine mining today, for our new as a business. Anglo American is well known today, for our new tomorrow. for its longstanding work in this area and I’m tomorrow incredibly proud of the progress we’ve made Mark Cutifani, chief executive over the years to improve the lives of those of Anglo American 4 ANGLO AMERICAN 100 YEARS 100 years of Anglo American 1922 THE RAND REBELLION 1917 1917 DOORSOPEN An armed uprising afterWorld Entrepreneur WarI,when mining companies Ernest Oppenheimer were facedwith rising costs and a establishes fall in the priceofgold AngloAmerican 1926 THE DIAMOND STORY 1928 PLATINUM SHINES BEGINS Akey partnership with the 1927 AngloAmerican becomesthe largest discovererofSA’s singleshareholder in De Beers PGM-bearing reef,Hans Consolidated Mines. Sir Ernest Merensky. The companywould became chairpersonofDeBeersin evolve intoAngloAmerican 1929 Platinum 1938 NEWHQ 1944 GOLD RUSH 1937 The foundations of the Vaal Reefs Exploration and company’sSouth Mining Companyisformed and 1948 APARTHEID African headquarters at has
Recommended publications
  • Transnational Resistance Strategies and Subnational Concessions in Namibia's Police Zone, 1919-1962
    Graduate Theses, Dissertations, and Problem Reports 2021 “Remov[e] Us From the Bondage of South Africa:” Transnational Resistance Strategies and Subnational Concessions in Namibia's Police Zone, 1919-1962 Michael R. Hogan West Virginia University, [email protected] Follow this and additional works at: https://researchrepository.wvu.edu/etd Part of the African History Commons Recommended Citation Hogan, Michael R., "“Remov[e] Us From the Bondage of South Africa:” Transnational Resistance Strategies and Subnational Concessions in Namibia's Police Zone, 1919-1962" (2021). Graduate Theses, Dissertations, and Problem Reports. 8264. https://researchrepository.wvu.edu/etd/8264 This Dissertation is protected by copyright and/or related rights. It has been brought to you by the The Research Repository @ WVU with permission from the rights-holder(s). You are free to use this Dissertation in any way that is permitted by the copyright and related rights legislation that applies to your use. For other uses you must obtain permission from the rights-holder(s) directly, unless additional rights are indicated by a Creative Commons license in the record and/ or on the work itself. This Dissertation has been accepted for inclusion in WVU Graduate Theses, Dissertations, and Problem Reports collection by an authorized administrator of The Research Repository @ WVU. For more information, please contact [email protected]. “Remov[e] Us From the Bondage of South Africa:” Transnational Resistance Strategies and Subnational Concessions in Namibia's Police Zone, 1919-1962 Michael Robert Hogan Dissertation submitted to the Eberly College of Arts and Sciences at West Virginia University in partial fulfillment of the requirements for the degree of Doctor of Philosophy In History Robert M.
    [Show full text]
  • The Political Thought of Harry Oppenheimer, Under the Editorship of Kalim Rajab
    THE JOURNAL OF THE HELEN SUZMAN FOUNDATION | ISSUE 81 | DECEMBER 2017 BOOK REVIEW Gary Ralfe retired from active business life in 2006 after forty A Man Of Africa : The Political years of service firstly with Anglo American Corporation, and then Thought of Harry Oppenheimer with De Beers where he was Managing Director for eight Edited by Kalim Rajab years. In addition to My forty-year career with Anglo American and De Beers developed the HSF he chairs the Board of Governors under the benign shadow of Harry Oppenheimer (HFO). To generations of Michaelhouse, the of managers and staff in what used to be called the greater group HFO fund-raising arm of the Alexandra Education was more than a chairman and leader. He was a living icon. I was Committee, the fund- not the first or the last young man or woman to join Anglo American raising arm of Business Against Crime and the because it was a force for good in Southern Africa, the most important Beyond Foundation engine of economic growth, industrialisation, urbanization and a which does community work in rural areas. better life for all. I associated with the credo attributed to HFO’s father Sir Ernest Oppenheimer that “the purpose of large corporations such as Anglo American is to make profits for its shareholders, but to do so in such a way as to make a real and lasting contribution to the welfare of the communities where it operates”. It is surprising that seventeen years after HFO’s death there is still no biography. I know that the family wisely wanted time to elapse before commissioning one.
    [Show full text]
  • Emigration from England to South Africa
    Chapter 11: Emigration from England to South Africa When we landed at Harwich this time there was no trouble with Customs. Out of the dock area our first need was to fill up with petrol and when we did so Nigel was very intrigued and said to me quietly so as not to hurt anyone’s feelings ‘Daddy, They all speak English here!’ Of course, as they were often during the day in Utrecht in the care of a Dutch nanny (after her marriage, Kitty had been replaced by ‘Babs’), they heard a lot of Dutch spoken and understood quite a bit. When Babs took them to the Wilhelminapark (where it was forbidden to walk on the grass!), she would take them to see the ducks and they knew them as ‘eendtjes’ and a passing horse would be referred to as ‘een paard’. Only two days after we returned to England Stuart was being a little fractious when being taken for a walk in his push-chair, or stroller as it seems to be now called, and we attempted to distract his attention from whatever was worrying him by pointing out a passing horse and cart by saying ‘Kijk, Stuart, een paard!’ he replied crossly ‘It isn’t a paard, it’s a horse!’ Life in England was obviously not going to easy because we did not have a home, we only had the car for a few days until I would have to hand it over to Dr Johnson, my replacement for the job in Holland, and all I had to build a practice around was my appointment at the Middlesex which thanks to the introduction of the National Health Service was paid now, but not enough to keep a wife and family of three children.
    [Show full text]
  • The Diamond Cartel
    THE DIAMOND CARTEL Although the United States is the principal consumer of the world's dia- mond supply,' the diamond industry is so cartelized as to be virtually imper- vious to pressure by American users of diamonds. Within the past ten years industrial diamonds have become indispensable to various high-speed, pre- cision manufacturing operations.2 Since distribution of ninety-five percent of the world's diamond production is channelized through a single marketing combine, competitive forces within the industry have been short circuited.a Therefore consumer resistance has been impracticable and American efforts to obtain a better bargaining position have so far been ineffective. The cartel is completely foreign-controlled and operates entirely outside the United States,4 thus obviating effective action under the antitrust laws and making 1. Leslie, Diamonds as Tools Speed up Victory, DoMEsTIc CoxriRcE, Aug. 1945, p, 28. Today, the United States uses approximately 90% of the world's production of Indus- trial diamonds. § 29 Complaint, DeBeers Consolidated Mines Ltd. v. United States, 325 U.S. 212 (1945) [hereinafter referred to as Complaint]. This figure includes all cate- gories of industrial diamonds--ballas, boart and carbonado. For a description of the types of industrial diamonds, see Diamonds for Victory, FOREIGN COMMERCE, Jan. 17, 1942, p. 4; Industrial Diamonds,.FORTUNE, June 1935, p. 22. Carbonado is rare and almost entirely confined to Brazil and will not enter into the discussion hereafter. Post-war production should produce the following ratios of diamond types: out of every 10,000 carats 250 will be carbonado, 1,900 ballas, 1,975 gemstones, and 5,875 boart.
    [Show full text]
  • The Role and Application of the Union Defence Force in the Suppression of Internal Unrest, 1912 - 1945
    THE ROLE AND APPLICATION OF THE UNION DEFENCE FORCE IN THE SUPPRESSION OF INTERNAL UNREST, 1912 - 1945 Andries Marius Fokkens Thesis presented in partial fulfilment of the requirements for the degree of Master of Military Science (Military History) at the Military Academy, Saldanha, Faculty of Military Science, Stellenbosch University. Supervisor: Lieutenant Colonel (Prof.) G.E. Visser Co-supervisor: Dr. W.P. Visser Date of Submission: September 2006 ii Declaration I, the undersigned, hereby declare that the work contained in this thesis is my own original work and that I have not previously submitted it, in its entirety or in part, to any university for a degree. Signature:…………………….. Date:………………………….. iii ABSTRACT The use of military force to suppress internal unrest has been an integral part of South African history. The European colonisation of South Africa from 1652 was facilitated by the use of force. Boer commandos and British military regiments and volunteer units enforced the peace in outlying areas and fought against the indigenous population as did other colonial powers such as France in North Africa and Germany in German South West Africa, to name but a few. The period 1912 to 1945 is no exception, but with the difference that military force was used to suppress uprisings of white citizens as well. White industrial workers experienced this military suppression in 1907, 1913, 1914 and 1922 when they went on strike. Job insecurity and wages were the main causes of the strikes and militant actions from the strikers forced the government to use military force when the police failed to maintain law and order.
    [Show full text]
  • 2020 Interim Results
    2020 INTERIM RESULTS 30 July 2020 CAUTIONARY STATEMENT Disclaimer: This presentation has been prepared by Anglo American plc (“Anglo American”) and comprises the written materials/slides for a presentation concerning Anglo American. By attending this presentation and/or reviewing the slides you agree to be bound by the following conditions. The release, presentation, publication or distribution of this document, in whole or in part, in certain jurisdictions may be restricted by law or regulation and persons into whose possession this document comes should inform themselves about, and observe, any such restrictions. This presentation is for information purposes only and does not constitute, nor is to be construed as, an offer to sell or the recommendation, solicitation, inducement or offer to buy, subscribe for or sell shares in Anglo American or any other securities by Anglo American or any other party. Further, it should not be treated as giving investment, legal, accounting, regulatory, taxation or other advice and has no regard to the specific investment or other objectives, financial situation or particular needs of any recipient. No representation or warranty, either express or implied, is provided, nor is any duty of care, responsibility or liability assumed, in each case in relation to the accuracy, completeness or reliability of the information contained herein. None of Anglo American or each of its affiliates, advisors or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this material or otherwise arising in connection with this material. Forward-looking statements and third party information This presentation includes forward-looking statements.
    [Show full text]
  • Directory of Organisations and Resources for People with Disabilities in South Africa
    DISABILITY ALL SORTS A DIRECTORY OF ORGANISATIONS AND RESOURCES FOR PEOPLE WITH DISABILITIES IN SOUTH AFRICA University of South Africa CONTENTS FOREWORD ADVOCACY — ALL DISABILITIES ADVOCACY — DISABILITY-SPECIFIC ACCOMMODATION (SUGGESTIONS FOR WORK AND EDUCATION) AIRLINES THAT ACCOMMODATE WHEELCHAIRS ARTS ASSISTANCE AND THERAPY DOGS ASSISTIVE DEVICES FOR HIRE ASSISTIVE DEVICES FOR PURCHASE ASSISTIVE DEVICES — MAIL ORDER ASSISTIVE DEVICES — REPAIRS ASSISTIVE DEVICES — RESOURCE AND INFORMATION CENTRE BACK SUPPORT BOOKS, DISABILITY GUIDES AND INFORMATION RESOURCES BRAILLE AND AUDIO PRODUCTION BREATHING SUPPORT BUILDING OF RAMPS BURSARIES CAREGIVERS AND NURSES CAREGIVERS AND NURSES — EASTERN CAPE CAREGIVERS AND NURSES — FREE STATE CAREGIVERS AND NURSES — GAUTENG CAREGIVERS AND NURSES — KWAZULU-NATAL CAREGIVERS AND NURSES — LIMPOPO CAREGIVERS AND NURSES — MPUMALANGA CAREGIVERS AND NURSES — NORTHERN CAPE CAREGIVERS AND NURSES — NORTH WEST CAREGIVERS AND NURSES — WESTERN CAPE CHARITY/GIFT SHOPS COMMUNITY SERVICE ORGANISATIONS COMPENSATION FOR WORKPLACE INJURIES COMPLEMENTARY THERAPIES CONVERSION OF VEHICLES COUNSELLING CRÈCHES DAY CARE CENTRES — EASTERN CAPE DAY CARE CENTRES — FREE STATE 1 DAY CARE CENTRES — GAUTENG DAY CARE CENTRES — KWAZULU-NATAL DAY CARE CENTRES — LIMPOPO DAY CARE CENTRES — MPUMALANGA DAY CARE CENTRES — WESTERN CAPE DISABILITY EQUITY CONSULTANTS DISABILITY MAGAZINES AND NEWSLETTERS DISABILITY MANAGEMENT DISABILITY SENSITISATION PROJECTS DISABILITY STUDIES DRIVING SCHOOLS E-LEARNING END-OF-LIFE DETERMINATION ENTREPRENEURIAL
    [Show full text]
  • The-Diamond-Empire-Transcript.Pdf
    1 MEDIA EDUCATION F O U N D A T I O N 60 Masonic St. Northampton, MA 01060 | TEL 800.897.0089 | [email protected] | www.mediaed.org The Diamond Empire Transcript Part 1 begins on pg. 1 Part 2 begins on pg. 15 PART 1: INTRODUCTION NARRATOR: On a hill above Johannesburg is the private estate of one of the wealthiest families on earth. They’ve made their fortune by manipulating markets and fixing prices. Their money has come from ordinary people all over the world who imagine they’re investing in something rare and valuable. But this is a family which deals in illusion. It presides over one of the last great cartels, an extraordinarily successful business empire worth $60 billion. This is the Oppenheimer family and their trade is diamonds. NARRATOR: The richest diamond jewelry market in the world is in New York. It’s a $10.8 billion business. Around 47th Street, there are twenty-five thousand people who buy, cut, polish and sell diamonds, from the most glamorous jewelry to the cheapest mail-order. It’s a highly secretive and risky business. The Oppenheimers themselves declined to help in any way in the making of this film. Bill Goldberg is one of the few top dealers who will talk openly about what he does. BILL GOLDBERG: It’s fascinating, it’s amazing that a lot of men that are ten years younger than I am can’t wait to retire and I can’t wait to get here in the morning at eight o’clock, to produce these beautiful works, these beautiful pieces of art from what looks like a pebble on the beach.
    [Show full text]
  • Anglo American AGM Transcript
    ANGLO AMERICAN AGM 21st APRIL 2011 SIR JOHN PARKER: Well a very good morning ladies and gentlemen and welcome to the Anglo American AGM and especially to those of you who may have travelled some distance to be with us. Before we start the meeting properly, I need to give you some safety information. Please listen carefully to the following emergency instructions, look for your nearest marked fire exit now. In the unlikely event of an emergency during the AGM, a warning sign will be given and an announcement will be made over the public address system and if an immediate evacuation is necessary, trained staff in highly visible jackets, will be available to assist you. You should leave the building by the nearest available fire exit stairs, as in an emergency you will not be able to use the passenger lifts. Make your way to the assembly point which is across the road and near the column outside Westminster Abbey, opposite the front of this conference centre’s main entrance. Anyone requiring special evacuation assistance because of impaired mobility should make themselves known to one of the marshals if they haven’t already done so. Thank you. Notice of this meeting was sent to shareholders on the 21st March 2011 and a quorum is present and I therefore declare this meeting duly constituted. The Notice convening the meeting has been in your hands for the prescribed period and I propose that it be taken as read. Is this agreed? Thank you. In accordance with best practice, we’re going to hold a poll on each resolution and you should have been given a handset at registration for the purpose of voting your shares.
    [Show full text]
  • Collective Violence and the Agrarian Origins of South African Apartheid, 1900–1948 John Higginson Index More Information
    Cambridge University Press 978-1-107-04648-1 - Collective Violence and the Agrarian Origins of South African Apartheid, 1900–1948 John Higginson Index More information Index aankoord , 40 and 1914 Rebellion, 345 African agriculture, 6 and Afrikaner youth, 354 African irregulars and the “shirt” movements, 26 , 346 African soldiers fi ghting under British or apartheid government of 1948, 137 their own leaders during South African Apartheid Manifesto, 341 War, 33 , 37 , 46 , 49 , 50 , 59 , 61 , 65 , 66 , 74 , as a “network of rackets,” 351 77 , 96 , 99 , 101 , 114 , 350 “grand apartheid,” 20 African peasant smallholders, 31 , 37 , 58 , 102 protracted demise, 358 African peasants arme blankedom . See bywoners: during 1914 Rebellion, 164 poor whites during aftermath of South African War, Armeburgersfonds Applikasie Boek 84 , 101 Poor Burgher Relief, 44 during South African War, 62 , 65 , 67 , 68 Atkins, Keletso, 4 African protest, 4 Afrikaanse Ekonomiese Boere Verbond , 185 Baden-Powell, R. S. S. General, 52 , 53 , 55 , 57 , Afrikaanse Nasionale Studentbond , 321 58 , 97 , 319 Alberts, Sarel Francois formation of South African captured at Swartsruggens in December Constabulary, 68 1914, 173 speculation on future of South African early planner of 1914 Rebellion, 165 Constabulary, 97 fl ight to rebel stronghold Steenbokfontein, Bailey, Abe Sir, 294 November 1914, 172 bangziekte or “shell shock,” 46 leader of 1914 Rebellion, 161 Barnard, Willem, 65 Nationalist M. P. from Magaliesberg in adolescent guerrilla soldier and murderer of 1932, 291 African transport rider Franz, December on trial with Grobler and van Broekhuizen 1900, 63 in 1915, 180 Barnato, Barney, 36 sold farm in Thabazimbi, June 1905, 92 Barrett, E.
    [Show full text]
  • Report on Anglo American's Track Record
    By Philip Mattera For more information on Anglo American’s track record or the proposed Pebble mine, go to www.eyeonpebblemine.org. Cover photo: Iduapriem Mine Courtesy of Jamie Keen, Mining Watch Canada COMMUNITY, WORKER SAFETY, PUBLIC HEALTH, AND ENVIRONMENTAL PROBLEMS AT ANGLO AMERICAN MINING OPERATIONS By Philip Mattera July 2008 Philip Mattera is a veteran corporate researcher who works with a variety of public interest groups and labor unions. Earlier in his career he was a reporter-researcher for a major business magazine. He is the author of four books—including World Class Business: A Guide to the 100 Most Powerful Global Corporations—and is a member of the National Writers Union. He can be reached at: [email protected]. © 2008 Philip Mattera The following organizations - representing Alaska Native corporations, commercial fishing companies, sportsmen, conservation interests, and businesses - are committed to the protection of the Bristol Bay watershed and the tremendous salmon fishery that it sustains. This report was commissioned by these organizations to gain a better understanding of Anglo American’s corporate history and track record. While the organizations commissioned this research, they are not responsible for its content, which is the sole responsibility of the author. Nunamta Aulukestai (Caretakers of Our Land) Renewable Resources Coalition Table of Contents Executive Summary . 4 Introduction ............................................................................ 5 A Short History of Anglo American........................................................... 6 Key Financials . 7 Anglo American’s Record on Environmental Protection, Worker Safety, Community Impacts and Human Rights at Its Hardrock Mining Operations:........................................... 8 1. Sulfur dioxide emissions and spills at platinum mines in South Africa.................................. 8 2.
    [Show full text]
  • Anglo American Agrees Acquisition of Oppenheimer Family's 40% Interest
    CHL H OLDINGS LIMITED NEWS RELEASE 4 November 2011 Anglo American agrees acquisition of Oppenheimer family’s 40% interest in De Beers for US$ 5.1 billion Anglo American plc (“Anglo American”) and CHL Holdings Limited (“CHL”) announce their agreement for Anglo American to acquire an incremental interest in De Beers, increasing Anglo American’s current 45% shareholding in the world’s leading diamond company to up to 85%. Anglo American has entered into an agreement with CHL and Centhold International Limited (“CIL”), together representing the Oppenheimer family interests (“CHL Group”), to acquire their 40% interest in DB Investments and De Beers sa (“De Beers”) for a total cash consideration of US$5.1 billion, subject to adjustment as provided for in the agreement. Under the terms of the existing shareholders’ agreement between Anglo American, CHL and the Government of the Republic of Botswana (GRB), the GRB has pre-emption rights in respect of the CHL Group’s interest in De Beers, enabling it to participate in the transaction and to increase its interest in De Beers, on a pro rata basis, to up to 25%. In the event that the GRB exercises its pre- emption rights in full, Anglo American, under the proposed transaction, would acquire an incremental 30% interest in De Beers, taking its total interest to 75%, and the consideration payable by Anglo American to the CHL Group would be reduced proportionately. Anglo American has a deep knowledge and understanding of De Beers and an appreciation for the unique nature of diamonds, having been the company’s largest shareholder since De Beers became a private company in 2001 and as a longstanding shareholder in De Beers prior to that.
    [Show full text]