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Southern Africa Site visit - November 2016

Latest Release 01 Dec 2016

Anglo American sells 9.7% interest in Exxaro for $215 million

Press releases

01 Dec 2016

Further to the announcement dated 30 November 2016 and via an accelerated bookbuild placing to institutional investors (the “Placing”), Anglo American plc (“Anglo American”) has agreed to sell its approximately 35 million ordinary shares, representing a 9.7% interest, and Main Street 333 Proprietary Limited(1) has agreed to sell approximately 17 million ordinary shares (together, the “Placing Shares”) in Exxaro Resources Ltd ("Exxaro") at a price of ZAR87 per share.

30 Nov 2016

Anglo American plc (“Anglo American”) announces its intention to sell its 9.7% shareholding of approximately 35 million ordinary shares in the capital of Exxaro Resources Ltd ("Exxaro") as part of a share sale transaction alongside Exxaro’s controlling black economic empowerment shareholder, Main Street 333 Proprietary Limited, which also intends to sell approximately 17 million ordinary shares in Exxaro. The share sale of the approximately 52 million ordinary shares in aggregate in the capital of Exxaro, which represents approximately 14.7% of Exxaro’s issued share capital, is intended to be effected via an accelerated bookbuild placing to institutional investors (the “Placing”). The Placing is open with immediate effect.

15 Nov 2016

Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers’ ninth sales cycle of 2016, amounting to $470 million, compared with the $494 million value of the eighth sales cycle of 2016.

01 Nov 2016

Anglo American plc draws attention to an announcement issued today by Anglo American Platinum, the text of which is set out below:

31 Oct 2016

Anglo American plc (“Anglo American”) announces the completion of the sale of its wholly owned interest in the Callide thermal coal mine (“Callide”) in Queensland, Australia to Batchfire Resources Pty Ltd, following the announcement of the share sale agreement on 20 January 2016.

25 Oct 2016

Anglo American plc Production Report for the third quarter ended 30 September 2016.

13 Oct 2016

Anglo American plc draws attention to an announcement issued today by Kumba Iron Ore, the text of which is set out below:

04 Oct 2016

Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers’ eighth sales cycle of 2016, amounting to $485 million, compared with the $639 million value of the seventh sales cycle of 2016.

30 Sep 2016

Anglo American plc (“Anglo American”) announces the completion of the sale of its Niobium and Phosphates businesses in Brazil to China Molybdenum Co. Ltd, following the agreement announced on 28 April 2016. The economic benefits of the businesses will transfer to CMOC as of the end of 30 September 2016. Anglo American has received cash proceeds of approximately $1.7 billion, constituting the agreed consideration of $1.5 billion and approximately $187 million of working capital and other adjustments, subject to certain post-closing adjustments. Net proceeds, after taxes payable and transaction costs, of $1.5 billion from the sale will be used to reduce debt.

23 Sep 2016

Anglo American plc (“Anglo American”) announces the appointment of Stephen Pearce as Finance Director, following René Médori’s decision to retire, as announced in April 2016. Mr Pearce will join Anglo American and its Group Management Committee on 30 January 2017, prior to joining the Board as an executive director and taking over as Finance Director with effect from 24 April 2017, thereby enabling a smooth transition and the completion of the 2016 financial reporting process

06 Sep 2016

Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers’ seventh sales cycle of 2016, amounting to $630 million, compared with the $528 million value of the sixth sales cycle of 2016.

30 Aug 2016

Anglo American plc (“Anglo American”) announces that Judy Dlamini, a non-executive director, has notified the Board that, with regret, she intends to step down with immediate effect in order to devote more time to her business commitments as chair of Mbekani Group in South Africa.

30 Aug 2016

Anglo American plc (“Anglo American”) announces that it has completed the sale of its 70% interest in the Foxleigh metallurgical coal mine in Queensland, Australia to a consortium led by Taurus Fund Management, following the announcement of the sale and purchase agreement on 4 April this year.

03 Aug 2016

Anglo American announces the commissioning of De Beers’ Gahcho Kué diamond mine in the Northwest Territories of Canada. Gahcho Kué – the world’s largest new diamond mine – is expected to ramp up to reach full commercial production in Q1 2017, producing an average of 4.5 million carats per year over its anticipated 13-year life.

02 Aug 2016

Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers’ sixth sales cycle of 2016, amounting to $520 million, compared with the $564 million value of the fifth sales cycle of 2016.

28 Jul 2016

Balance sheet strengthened through capital and cost discipline – expected to deliver net debt of less than $10 billion at end 2016.

26 Jul 2016

Anglo American wishes to draw attention to Kumba Iron Ore Limited’s announcement of its results for the six months ended 30 June 2016. Kumba Iron Ore Limited reported headline earnings of R3,009 million.

26 Jul 2016

Anglo American plc (“Anglo American”) announces the appointment of Themba Mkhwanazi as CEO of Kumba Iron Ore limited (“Kumba”) following Norman Mbazima’s decision to step down after four years to focus on his role as Deputy Chairman of Anglo American South Africa. Norman Mbazima will remain a member of the Group Management Committee and will have oversight of the processes to restructure and divest Anglo American’s non-core assets in South Africa, including its interests in the Kumba and thermal coal businesses.

25 Jul 2016

Anglo American wishes to draw attention to Anglo American Platinum Limited’s announcement of its results for the six months ended 30 June 2016. Anglo American Platinum Limited reported headline earnings of R1,044 million.

20 Jul 2016

Anglo American plc Production Report for the second quarter ended 30 June 2016.

18 Jul 2016

Anglo American announces that it is supporting UNAIDS’ #ProTEST HIV global campaign at the 21st International AIDS Conference.

01 Jul 2016

Anglo American plc (“Anglo American”) announces that Ray O’Rourke, a non-executive director, has notified the Board of his intention to step down after more than six years, in order to concentrate on his business commitments as chairman and chief executive of Laing O’Rourke. Mr O’Rourke will step down from the Anglo American Board with effect 25 July 2016.

28 Jun 2016

Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers’ fifth sales cycle of 2016, amounting to $560 million, compared with the $636 million value of the fourth sales cycle of 2016.

27 May 2016

Anglo American plc ("Anglo American") announces the appointment of Bruce Cleaver as CEO of the De Beers Group ("De Beers") following Philippe Mellier’s decision to step down after five years. Duncan Wanblad, CEO of Anglo American’s Base Metals business, will add the Strategy & Business Development portfolio of Anglo American to his responsibilities. Both appointments will take effect on 1 July 2016.

24 May 2016

Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers’ fourth sales cycle of 2016, amounting to $630 million, compared with the $666 million value of the third sales cycle of 2016.

16 May 2016

Anglo American plc draws attention to an announcement issued today by De Beers, the text of which is set out below:

12 May 2016

Anglo American announces the commissioning of its Grosvenor metallurgical coal longwall operation in the Bowen Basin of Queensland, Australia. The Grosvenor project, which was approved for development at the end of 2011, has delivered its first coal from its underground longwall seven months ahead of schedule and more than US$100 million below budget.

09 May 2016

Anglo American announces the appointment of Ruben Fernandes as CEO of Anglo American in Brazil. In addition to his current role as CEO of Anglo American’s Nickel and Niobium & Phosphates businesses, Ruben Fernandes will also lead the Iron Ore Brazil business (Minas-Rio), with effect 20 June 2016.

28 Apr 2016

Anglo American plc (“Anglo American”) announces it has reached agreement with China Molybdenum Co. Ltd (“CMOC”) to sell its Niobium and Phosphates businesses for a total cash consideration of $1.5 billion (“the Transaction”). The total consideration will be payable to Anglo American at closing, subject to certain closing and post-closing adjustments.

21 Apr 2016

Anglo American plc held its Annual General Meeting for shareholders in London today. The following remarks were made by the Chairman and the Chief Executive.

21 Apr 2016

Anglo American plc Production Report for the first quarter ended 31 March 2016

20 Apr 2016

Anglo American plc (“Anglo American” or “the Company”) announces that René Médori, Finance Director, has informed the Board of his decision to retire when he reaches the age of 60 in 2017, in order to enable an orderly succession.

12 Apr 2016

Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers’ third sales cycle of 2016. Rough diamond sales during the third cycle of the year continued their reasonably positive trend to $660 million, compared with the $617 million value of the second sales cycle of 2016.

04 Apr 2016

Anglo American plc (“Anglo American”) has entered into a Sale and Purchase Agreement with a consortium led by Taurus Fund Management to sell its 70% interest in the Foxleigh metallurgical coal mine in Queensland, Australia.

22 Mar 2016

Anglo American plc (“Anglo American”) announces the successful completion of its bond buy-back programme launched on 18 February 2016, consisting of Euro, Sterling and US dollar denominated maturities from December 2016 to September 2018.

14 Mar 2016

Anglo American (the “Group” or the “Company”) today published its 15th annual Sustainability Report alongside its 2015 Annual Report, entitled “Driving Change, Defining Our Future”. Both reports outline the Group’s strategic plans to focus on a core portfolio of assets as it continues to emphasise the central role of sustainability in creating value for all stakeholders during a transformative period.

04 Mar 2016

Anglo American South Africa (“AASA”) and AngloGold Ashanti have concluded an agreement which resolves fully and finally 4,400 stand-alone silicosis claims - the first of which were instituted in 2012. Included in these claims are approximately 1,200 separate claims which were instituted against AngloGold Ashanti.

01 Mar 2016

Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers’ second sales cycle of 2016. Rough diamond sales during the second cycle of the year continued their positive trend to $610 million, compared with the $545 million value of the first sales cycle of 2016.

16 Feb 2016

Anglo American plc ("Anglo American" or "the Group" or "the Company") announces detailed and wide-ranging measures that will sustainably improve cash flows and materially reduce net debt, while focusing the Group on its core portfolio of world-class diamond, platinum group metals (PGMs) and copper assets.

16 Feb 2016

Balance sheet resilience through capital and operational discipline and disposals, offsetting further price weakness.

09 Feb 2016

Anglo American wishes to draw attention to Kumba Iron Ore Limited’s announcement of its results for the year ended 31 December 2015. Kumba Iron Ore Limited reported Headline earnings of R3,792 million (2014: R11,006 million).

08 Feb 2016

Anglo American wishes to draw attention to Anglo American Platinum Limited’s announcement of its results for the year ended 31 December 2015. Anglo American Platinum Limited reported Headline earnings of R107 million (2014: R786 million).

28 Jan 2016

Anglo American plc Production Report for the fourth quarter ended 31 December 2015.

26 Jan 2016

Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers’ first sales cycle of 2016. Rough diamond sales during the first cycle of the year improved significantly to $540 million, compared with the $248 million value of the final sales cycle of 2015.

20 Jan 2016

Anglo American plc (“Anglo American”) announces that it has entered into a Share Sale Agreement (“SSA”) with Batchfire Resources Pty Ltd (“Batchfire”) to sell its 100% interest in the Callide thermal coal mine (“Callide”) in Queensland, Australia.

12 Jan 2016

Anglo American plc (“Anglo American”) announces that it has completed the sale of its interests in the operating joint venture entities which have historically operated under the Tarmac name in the United Arab Emirates, Oman and Qatar to Colas Moyen Orient SAS ("Colas"),a subsidiary of Colas SA, a road and transport infrastructure construction company forming part of the Bouygues Group.

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