Fact Book 2009/10 Fact Book 2009/10 Our Mission

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Fact Book 2009/10 Fact Book 2009/10 Our Mission Fact Book 2009/10 Fact Book 2009/10 Our mission Anglo American aims to be the leading global mining company – through world class assets in the most attractive commodities, operational excellence and a resolute commitment to safe and sustainable mining. Cover photo Albertus Hanekom (left), Shift Foreman, and Marius Strydom, Senior Production Geologist, at the new Kolomela mine discuss the waste removal programme in the newly created pit. Image courtesy of Kumba Iron Ore. This page Load haul trucks in the open pit at Los Bronces in Chile. The mine, which lies at 3,000-3,500 metres above sea level, and has extensive reserves, produced more than 238 kt of copper in 2009. 02 About Anglo American plc 02 Group overview American Anglo 04 The business – an overview 06 History and timeline 09 Selected major projects 10 Performance – Financial highlights About 11 Key financial data 13 Platinum 14 Financial highlights 15 Financial data 16 Business overview 18 Industry overview Platinum 19 Market information 20 Strategy and growth 26 Production data 31 Reserves and resources 35 Diamonds 36 Financial highlights 37 Financial data 38 Business overview Diamonds 40 Industry overview 41 Strategy and growth 42 Diamonds recovered 43 Copper 44 Financial highlights 45 Financial data 46 Business overview 48 Industry overview 49 Market information Copper 50 Strategy and growth 53 Production data 54 Reserves and resources 57 Nickel 58 Financial highlights 59 Financial data 60 Business overview 62 Industry overview 63 Market information Nickel 64 Strategy and growth 66 Production data 67 Reserves and resources 69 Iron Ore and Manganese 70 Financial highlights 71 Financial data Iron Ore and Ore Iron 72 Business overview Manganese 74 Industry overview 75 Market information 76 Strategy and growth 78 Production data 79 Reserves and resources 83 Metallurgical Coal Coal Metallurgical 84 Financial highlights 85 Financial data 86 Business overview 88 Industry overview 89 Market information 90 Strategy and growth 92 Production data 93 Reserves and resources 99 Thermal Coal 100 Financial highlights 101 Financial data Coal Thermal 102 Business overview 104 Industry overview 105 Market information 106 Strategy and growth 108 Production data 109 Reserves and resources 115 Other Mining and Industrial 116 Business overview and Industrial and 118 Financial data Mining Other 119 Production data 121 Reserves and resources 127 Other information information Other 128 Further information Anglo American plc Fact Book 2009/10 01 About Anglo American Group overview As at 31 December 2009 Rio de Janeiro São Paulo Santiago Key Corporate and representative offices Platinum Diamonds Copper Nickel Iron Ore and Manganese Metallurgical Coal Thermal Coal Other Mining and Industrial In addition to its operations, Anglo American’s exploration activities and projects cover many parts of the globe. Since 2002... 2006 Restructuring of Kumba Resources to separately 2002 Anglo Base Metals list Kumba Iron Ore (with Anglo American holding 64% 2007 Cynthia Carroll acquires the Disputada at the time of the transaction – now 63%) and Exxaro, appointed chief copper operations in which became South Africa’s largest black economic executive in March. Chile from Exxon Mobil. empowered (BEE) natural resource company. 2003 Anglo American 2007 Demerger of Mondi sees Anglo 2007 Purchase of a 49% acquires a major stake American’s former paper and packaging stake in the Minas Rio iron in Kumba Resources. business become a dual-listed company ore project in Brazil. in London and Johannesburg. 02 Anglo American plc Fact Book 2009/10 Anglo American Anglo London About Luxembourg Beijing New Delhi Johannesburg Brisbane São Paulo Precious Base Bulk Platinum Copper Iron Ore and Manganese Thermal Coal Business profile Business profile Business profile Business profile • The world’s leading primary producer • Six operations in Chile account for • Comprises operations in South Africa, • Thermal Coal operations managed of platinum, accounting for around the majority of current copper output Brazil and Australia out of South Africa 40% of newly mined platinum output • Significant future growth from • Minas Rio project to begin production • Coal is exported from South Africa, • Operations based in South Africa approved expansion at Los Bronces of high grade pellet feed in 2012 South America and Australia throughout the Med-Atlantic and Product details Product details Product details Indo-Pacific markets • Primarily used in autocatalysts • Used mainly in wire and cable, brass, • Key component in steel, the most and jewellery tubing and pipes widely used of all metals Product details • Also employed in chemical, electrical, • Copper’s thermal conductivity also • Global steel consumption forecast • About 40% of all electricity generated electronic, glass and petroleum makes it suitable for use in heat to grow in excess of 5% pa over globally is powered by thermal coal industries and medical applications transfer applications such as air the next 3 years • About 5.8 billion tonnes of hard coal conditioning and refrigeration are produced globally each year Diamonds Nickel Metallurgical Coal Other Mining and Industrial Business profile Business profile Business profile Business profile • Anglo American owns 45% of De Beers • Major operations in Brazil and Venezuela • Metallurgical Coal operations managed • Assets include: Tarmac, the Group’s • De Beers produces about 40% of the • Barro Alto project in Brazil is expected out of Australia portfolio of zinc assets, Scaw Metals, world’s diamonds by value and is the to more than double nickel production • Project pipeline includes more than Copebrás, Catalão, Peace River world’s largest supplier and marketer by 2012 20 mining prospects Coal and the Group’s share in the of rough gem diamonds Carbones del Guasare coal assets Product details Product details • Accounted for approximately Product details • About 60% of all nickel is used in • Key raw material for 70% of the 13% of 2009 Group EBITDA • The most important diamond jewellery the production of stainless steel world’s steel industry • Preparatory work for the separation market is the United States, followed • Around 25% is used to make other • Demand driven by economic, industrial of these businesses has commenced by China and Japan types of steel and for super-alloys, and steel growth • Some stones are used for industrial which can withstand extreme purposes such as cutting and drilling temperatures 2010 Anglo American announces the sale of 2007 Disposal of remaining 2008 Anglo American 2009 Major restructuring of Tarmac’s construction aggregates business in France, 29% holding in Highveld acquires control of the Minas the Group to further focus Germany, Poland and the Czech Republic, Tarmac’s Steel and Vanadium. Rio iron ore project. on core commodities and Polish concrete products business and Tarmac’s improve operational delivery. French and Belgian building materials business. 2009 Anglo American 2010 Anglo American 2007 2009 Acquisition of the Anglo American sells achieves record safety announces the sale of it’s Michiquillay copper project its remaining shareholding performance. zinc portfolio to Vedanta in northern Peru. in AngloGold Ashanti. for $1,338 million. Anglo American plc Fact Book 2009/10 03 About Anglo American The business – an overview Platinum Overall ownership: 79.7% 100% owned Other interests South Africa South Africa Bathopele Mine Union Section 85% Khomanani Mine Thembelani Mine Joint ventures or sharing agreements Khuseleka Mine Modikwa Platinum Joint Venture 50% Siphumelele Mine Kroondal Pooling and Sharing Agreement 50% Tumela Mine Bafokeng-Rasimone Joint Venture 33% Dishaba Mine Marikana Pooling and Sharing Agreement 50% Mogalakwena Mine Mototolo Joint Venture 50% Western Limb Tailings Retreatment Masa Chrome Company 74% Waterval Smelter (including converting process) Polokwane Smelter Associates Mortimer Smelter Bokoni (formerly Lebowa Platinum Mines) Rustenburg Base Metals Refinery Pandora 49% Precious Metals Refinery Anooraq 42.5% Twickenham Mine Lisinfo 27% Johnson Matthey Fuel Cells 25.4% De Beers(1) Overall ownership: 45% 100% owned Other interests South Africa Trading and Marketing South Africa Namibia De Beers Group Services The Diamond Trading De Beers Consolidated Namdeb (Mining 50% (Exploration and Services) Company Mines(2) Area No. 1, De Beers Marine Finsch 78% Orange River Mines, Elizabeth Bay Kimberley Mines 78% and Marine Canada Namaqualand Mines 78% concessions) De Beers Canada The Oaks 78% De Beers Marine Namibia 70% Snap Lake Venetia 78% Victor South African Sea Areas Trading and Marketing (SASA) 78% DTC Botswana 50% Namibia DTC 50% Botswana Debswana (Damtshaa, Industrial Diamonds Jwaneng, Orapa and Element Six 60% Lethlakane mines) 50% (1) An independently managed associate. Diamond Jewellery Retail (2) De Beers’ 78% holdings include a 4% indirect holding via the Key Employee Trust. De Beers Diamond Jewellers 50% Copper Overall ownership: 100% 100% owned Other interests Chagres (Chile) Collahuasi (Chile) 44% El Soldado (Chile) Palabora (South Africa) 17% Los Bronces (Chile) Quellaveco (Peru) 81.9% Mantos Blancos (Chile) Pebble (US) 50% Mantoverde (Chile) Michiquillay (Peru) Nickel Overall ownership: 100% 100% owned Other interests Codemin (Brazil) Loma de Níquel (Venezuela) 91.4% Barro Alto (Brazil) 04 Anglo American plc Fact Book 2009/10 Anglo American Anglo About Iron Ore and Manganese Kumba Iron Ore (South Africa) 62.8% Minas Rio (Brazil) 100% Amapá (Brazil) 70%
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