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Anglo American Platinum Limited (JSE: AMS) is the world's largest primary producer of platinum, accounting for about 38% of the world's annual supply. Based in South Africa , most of the group's operations lie to the northwest and northeast of Johannesburg .
Anglo American plc is a British multinational mining company with headquarters in London, England.It is the world's largest producer of platinum, with around 40% of world output, as well as being a major producer of diamonds, copper, nickel, iron ore, polyhalite and steelmaking coal.
Mogalakwena represents one of the largest platinum reserves in South Africa having estimated reserves of 264.9 million oz of platinum. [1] The mine produces around 310,000 oz of platinum/year. [1] The mine is majority owned by Anglo American, [1] and has been the subject of conflict between the company and the local Mapela and Langa communities ...
The prospective all-share offer from BHP, which is based in the U.K. and Australia, values each Anglo share at 25.08 pounds. Anglo American, which owns a majority stake in the world-famous De ...
Anglo American responded with a swift restructuring, selling its Australian coal assets for $3.8 billion, spinning off its South African platinum operations, and working on Brazilian nickel asset ...
In April [7] 2016 the company entered the PGM space, with an all-share offer for Aquarius Platinum. [8] (comprising Kroondal, Platinum Mile, a 50% shareholding in Zimbabwe's Mimosa mine and a number of exploration projects), as well as the acquisition of the Rustenburg operations from Anglo American Platinum Limited.
Some Anglo investors said they expected BHP could renew its bid after the company completes the spin-off of Anglo American Platinum in mid-2025.
The mine has reserves of 13.8 million oz of platinum and 12.9 million oz of palladium and produces around 120,000 oz of platinum/year and 110,000 oz of palladium/year. [1] The mine is owned under a 50%/50% joint venture by African Rainbow Minerals and Anglo American Platinum. [2]