LSE: AAL
JSE: AGL
Headquarters:
UK
Sector:
Diversified
Government Ownership:
No State Ownership
Pre-tax Revenues (in BUSD):
21.378 (31/12/2016)
Number of employees:
78,200 (2016)
Number of workers
(employees + contract workers):
not reported
Company-reported mining worker fatalities:
  • 2015 |
    Employees: 3Contractors: 3
  • 2016 |
    Workers: 11
Home countries, where the company is headquartered
Producing countries, where the company has mining operations
Mine sites selected for mine-site-level assessment

Summary Results

Anglo American is the highest performing company for three areas: Economic Development, Lifecycle Management and Community Wellbeing. The company is also one of the three strongest performers for the other areas: Business Conduct, Working Conditions and Environmental Responsibility.

In Economic Development, Anglo American’s performance is largely the result of its formal commitment to take into account national development plans in its investment and business decision-making. In Lifecycle Management, its performance is driven partly by its company-wide systems for applying socio-economic and environmental criteria during investment decision-making and for integrating environmental and social issues into its decision-making on mergers, acquisitions and disposals. Anglo American has also put in place systems to ensure its operations address social and environmental issues related to mine closure. These systems relate to planning and budgeting for land rehabilitation and post-mining land-use; developing post-closure transition management plans for and with affected communities, and developing similar plans to ensure continued livelihood viability for workers. In Community Wellbeing, one of Anglo American’s strongest performances relates to its management of the impacts of resettlement. The company has systems for ensuring its operations develop strategies and plans to avoid, minimise and mitigate the negative impacts of physical or economic displacement, and to involve local communities in the development and implementation of these plans.

Overall, Anglo American’s results are limited by a lack of evidence of public disclosure on a number of specific issues. For example, while Anglo American discloses all its payments to sub-national and national governments, no evidence was found of the company disclosing its contracts or the beneficial ownership of its entities. Likewise, no evidence was found of the company disclosing air quality monitoring data at the mine-site level.

Economic Development

0.648 / 1.000

Business Conduct

0.657 / 1.000

Lifecycle Management

0.930 / 1.000

Community Wellbeing

0.745 / 1.000

Working Conditions

0.788 / 1.000

Environmental Responsibility

0.668 / 1.000

The maximum value of 1.000 represents the aggregation of best scores achieved for all indicators in a given thematic area, taking into account all companies’ results. As the aggregate best score varies from one area to another, these charts cannot be used to compare company performances across different areas.

All company results are based on public domain data that have been sourced by RMI analysts or provided by companies. In the case of a few companies, very little information was available. It is important to note that a low score may only reflect a lack of relevant information in the company’s publicly available documentation.

Relative company performance

Commitment (11 indicators)

Action (41 indicators)

Effectiveness (21 indicators)

1.000 = aggregation of best scores for all indicators of this measurement area.

Indicator-by-indicator results

Economic Development

Selected Mine sites results

Mine sites individually assessed but not included
in the overall company score

Mine Site NameLocal Procurement (score /6.00)Local Employment (score /6.00)Community grievance mechanism (score /6.00)Workers grievance mechanism (score /6.00)Water quality and quantity (score /6.00)Biodiversity management (score /6.00)Mine site (score /6.00)
Barro Alto1000000.17
Los Bronces0140321.67
Mogalakwena0200000.33
Orapa0100000.17
Unki0000000.00

List of all mine sites

Mine Site NameAliasesCountryCompany's share (%)ProductsMining types
AmandelbultBushveld Complex, Dishaba, TumelaSouth Africa79.6Nickel, Copper, Gold, Platinum, Palladium, RhodiumUnderground
Barro AltoBrazil100NickelOpen-pit
BathopeleBushveld ComplexSouth Africa100Nickel, Copper, Gold, Platinum, Palladium, RhodiumUnderground
BokoniSouth Africa39Platinum, Palladium, RhodiumUnderground
CapcoalGerman Creek, Grasstree, Lake Lindsay, Oak Park, Corvus, Tieri, Aquila, PleiadesAustralia70CoalOpen-pit, Underground
Cerrejón (Anglo American)*Colombia33.33CoalOpen-pit
CodeminBrazil100NickelOpen-pit
Collahuasi (Anglo American)*Chile44Copper
DartbrookAustralia83.3CoalOpen-pit
DawsonAustralia51CoalOpen-pit
Debmarine NamibiaNamibia42.5Diamond CaratsMarine Mining
El SoldadoChile50.1CopperOpen-pit
Gahcho KuéCanada43.35Diamond CaratsOpen-pit
GoedehoopSouth Africa100CoalOpen-pit, Underground
GreensideSouth Africa100CoalUnderground
GrosvenorAustralia100CoalUnderground
IsiboneloSouth Africa100CoalOpen-pit
JellinbahAustralia23.3CoalOpen-pit
JwanengBotswana42.5Diamond CaratsOpen-pit
KleinkopjeSouth Africa100CoalOpen-pit
KolomelaSouth Africa69.7Iron OreOpen-pit
KrielSouth Africa73CoalOpen-pit, Underground
KroondalSouth Africa80Platinum, Palladium, RhodiumUnderground
LandauSouth Africa100CoalOpen-pit
LetlhakaneBotswana42.5Diamond CaratsOpen-pit
Los BroncesChile50.1CopperOpen-pit
Mafube (Anglo American)*NooitgedachtSouth Africa50Coal
Minas-RioBrazil100Iron OreOpen-pit
MogalakwenaSouth Africa79.6Nickel, Copper, Gold, Platinum, Palladium, RhodiumOpen-pit
Moranbah NorthAustralia88CoalUnderground
NamdebNamibia42.5Diamond CaratsOpen-pit
New DenmarkSouth Africa100CoalUnderground
New VaalSouth Africa100CoalOpen-pit
OrapaBotswana42.5Diamond CaratsOpen-pit
Peace RiverTrendCanada100CoalOpen-pit
SiphumeleleBushveld ComplexSouth Africa100Nickel, Copper, Gold, Platinum, Palladium, RhodiumUnderground
SishenSouth Africa53.2Iron OreOpen-pit
ThembelaniBushveld ComplexSouth Africa100Nickel, Copper, Gold, Platinum, Palladium, RhodiumUnderground
UnkiZimbabwe79.6Nickel, Copper, Gold, Platinum, Palladium, RhodiumUnderground
VenetiaSouth Africa62.9Diamond CaratsOpen-pit
VictorCanada85Diamond CaratsOpen-pit
VoorspoedSouth Africa62.9Diamond CaratsOpen-pit
ZibuloSouth Africa73CoalOpen-pit, Underground
*Joint-Venture not under direct control of the company and not included in RMI assessment

Closed mine sites (controlled assets under care & maintenance, closure or post-closure management)

Mine Site NameAliasesCountryCompany's share (%)ProductsMining typesYear of closure
BankSouth Africa100CoalOpen-pit2008
DamtshaaBotswana42.5Diamond CaratsOpen-pit2015
Sera AreaSASA, MPT 25/2011South Africa42.5Diamond CaratsMarine Mining2010
Snap LakeCanada85Diamond CaratsUnderground2015
ThabazimbiSouth Africa69.7Iron OreOpen-pit2015
The OaksSouth Africa42.5Diamond CaratsOpen-pit2008
TwickenhamSouth Africa79.6Platinum, Palladium, RhodiumUnderground2016

Assets sold during the assessment period

Mine Site NameAliasesCountryProductsMining types
Boa VistaBrazilNiobiumOpen-pit
CallideAustraliaCoalOpen-pit
ChapadãoBrazilPhosphate RockOpen-pit
DraytonAustraliaCoalOpen-pit
FoxleighAustraliaCoalOpen-pit
Kimberley MinesSouth AfricaDiamond CaratsOpen-pit
Mantos BlancosChileCopperOpen-pit
MantoverdeChileCopperOpen-pit
PandoraSouth AfricaNickel, Copper, Gold, Platinum, Palladium, RhodiumUnderground
RustenburgSouth AfricaNickel, Copper, Gold, Platinum, Palladium, RhodiumOpen-pit, Tailings Leach
UnionSouth AfricaPlatinum, Palladium, RhodiumUnderground

Main Shareholders

As of: 30/03/2018Shares (%)
Volcan Holdings Plc19.35
Public Investment Corporation (SOC) Limited13.3
BlackRock Institutional Trust Company, N.A.5.55
Silchester International Investors, L.L.P.4.99
Genesis Investment Management, LLP3.95
Tarl Investment Holdings, Ltd.3.37
Epoch Two Investment Holdings Ltd3
Coronation Fund Managers Limited2.98
Deutsche Bank AG London2.05
Norges Bank Investment Management (NBIM)1.78
The Vanguard Group, Inc.1.71
Schroder Investment Management Ltd. (SIM)1.67
Standard Life Investments Ltd.1.53
Legal & General Investment Management Ltd.1.49
SAFE Investment Company Limited1.11

Known Subsidiaries

As of: 31/12/2016Country
0912055 BC LtdCanada
4259785 Canada Inc.Canada
AA Holdings Argentina B.V.Netherlands
AA Sakatti Mining OyFinland
A.C.N. 127 881 510 Pty LtdAustralia
ACRO (Hanise) (Pty) LtdSouth Africa
Addon Investments (Private) LimitedZimbabwe
A E F Mining Services (Pty) LtdSouth Africa
Africa Pipe Industries North (Pty) LtdSouth Africa
Alluvium LimitedIreland
Almenta 127 (Pty) LtdSouth Africa
Amaprop Townships LimitedSouth Africa
Ambase Exploration Africa (RDC) SPRLDRC
Ambase Exploration (Botswana) (Pty) LtdBotswana
Ambase Exploration (Zambia) (Pty) LtdZambia

Known Tax Jurisdictions

AngolaAnguillaArgentinaAustraliaBelgiumBermuda
BotswanaBrazilBritish Virgin IslandsCanadaCayman IslandsChile
ChinaColombiaCyprusDRCFinlandGabon
GermanyGuernseyHong KongIndiaIndonesiaIreland
Isle of ManIsraelItalyJapanJerseyLiberia
LuxembourgMacauMadagascarMaltaMauritiusMexico
MongoliaMozambiqueNamibiaNetherlandsPapua New GuineaPeru
PhilippinesPortugalSingaporeSouth AfricaSwedenSwitzerland
TanzaniaUKUSAVenezuelaZambiaZimbabwe

Recent involvements in Investor/State investment disputes (since 2014)

Case DateCase numberCase descriptionStatus
2014ARB(AF)/14/1Anglo American PLC vs. Bolivarian Republic of Venezuela (Mining Concession)Pending

Disclaimer

The findings, conclusions and interpretations within this 2018 Responsible Mining Index (RMI) report do not necessarily represent the views of funders, trustees, and employees of the Responsible Mining Foundation, and others who participated in consultations and as advisors to the report.

This report is intended to be for information purposes only and is not intended as promotional material in any respect. The report is not intended to provide accounting, legal, tax or investment advice or recommendations, neither is it intended as an offer or solicitation for the purchase or sale of any financial instrument. In order to fully understand the methodology of the 2018 Responsible Mining Index, the respective sections on the website should be consulted.

The RMI seeks evidence of companies’ policies and practices on economic, environmental, social and governance (EESG) issues, but does not seek to measure the actual outcomes achieved on EESG issues. Results are based only on evidence sourced from the public domain or provided by companies as open data. Whilst this information is believed to be reliable, no guarantee can be given that it is accurate or complete, nor does it preclude the possibility that policies and practices may exist, but which the RMI has not been able to consider for purposes of assessment. In this respect, the results of the low-scoring companies do not necessarily reflect a lack of relevant policies and practices; as they may be due to a lack of public reporting by the companies, limitations in accessing information, and/or any difficulties in accessing the RMI company portal.

It should be noted that, prior to publication, all companies in the Index were invited to check the factual accuracy of the contextual data and evidence upon which the Index is based and to review company information in the RMI document library.

Although every effort has been made to verify the accuracy of translations, the English language version should be taken as the definitive version. The RMI reserves the right to publish corrigenda on its web page, and readers of the 2018 RMI report should consult the web page for corrections or clarifications https://www.responsibleminingindex.org.