A SMARTER FUTURE
1. Overview 02
2. OurHistory 04
3. OurPurpose 06
4. OurValues 08
5. OurPeople 09
6. MetalsandMineralsforModernLife 10
7. WhereWeOperate 12
8. FinancialPerformance 14
9. OurStrategy 16
10. Innovation 18
11. FutureSmartMiningTM 21
11. OurSustainableMiningPlan 22
12. OurGovernance 26
13. MeasuringDeliveryofOurStrategy 30
14. LeadersinResponsibleMining 32
CONTENTS
Version1.0
1A Smarter Future
OVERVIEWAngloAmericanisaleadingglobalminingcompanyandourproductsaretheessentialingredientsinalmosteveryaspectofmodernlife.Ourportfolioofworldclasscompetitiveminingoperationsandundevelopedresourcesprovidesthemetalsandmineralsthatenableacleaner,greener,moresustainableworldandthatmeetthefast-growingconsumer-drivendemandsoftheworld’sdevelopedandmaturingeconomies.Withourpeopleattheheartofourbusiness,weuseinnovativepracticesandthelatesttechnologiestodiscovernewresourcesandmine,process,moveandmarketourproductstoourcustomersaroundtheworld–safely,responsiblyandsustainably.
Asaresponsibleminer–ofdiamonds(DeBeers),copper,platinumgroupmetals,ironore,coalandnickel–wearethecustodiansofwhatarepreciousnaturalresources.Weworktogetherwithourbusinesspartnersanddiversestakeholderstounlockthesustainablevaluethatthoseresourcesrepresentforourshareholders,thecommunitiesandcountriesinwhichweoperate,andforsocietyasawhole.
We mine the metals and minerals that will help the transition to a cleaner, greener world.
Copper is a key element in renewable electricity generation and is heavily used in wind turbines
and solar power panels.
3A Smarter Future2 A Smarter Future
OUR HISTORYAngloAmericanwasfoundedin1917inSouthAfricabySirErnestOppenheimer,raisingfinancialbackingforanewgoldminingcompanyfromtheUKandtheUS,hencethenameofthecompany.In1926,ourlongassociationwithDeBeersbeganandthatcontinuestothisday,withAngloAmericanbecomingitslargestsingleshareholder.
SirErnestOppenheimerestablishedanunderlyingvision“tomakeprofitsforourshareholders,buttodosoinsuchawayastomakearealandlastingcontributiontothecommunitiesinwhichweoperate.”
ItisaphilosophythatisembeddedinourDNAandwell-alignedwithourmorerecentlydevelopedcorporatepurpose.
AngloAmerican’ssuccessoversubsequentdecadessawitinvestincoal,steel,paperandmanyotherindustriesinSouthAfrica,whilealsoinvestinginmininginNorthandSouthAmerica.In1999,AngloAmericanmergeditsglobalinterests,moveditsheadquartersandprimarystockmarketlistingtoLondonandcontinuedtogrow,includingintoAustralia,ChileandPeru,whilealsobuildingaglobalMarketingbusinesstobetterconnectourcustomerstotheproductsweprovide.
Of all the metals that make modern life possible, steel is the most widely used
– and iron ore is its main ingredient. Kolomela Iron Ore Mine in South Africa.
4 A Smarter Future 5A Smarter Future
OUR PURPOSEAnglo American is re-imagining mining to improve people’s lives.
Mininghasasmarterfuture–afuturewhereyoumaybarelynoticesomeminesatall.Andthat’sagoodthing.Outofsight,butneveroutofmind,wewillcontinuetoprovidethepreciousmetalsandmineralsourmodernsocietyneeds.Ourmetalsandmineralsaretheessentialingredientsinsmartphones,electriccarsandwindturbines,whilealsocleaningtraditionalvehicleexhaustandotheremissions;theybuildourhomes,offices,railwaysandairports;andourdiamondsfulfilyourdreams.Simplyput,ourproductsmovetheworldtowardsacleaner,greener,moreelectrifiedandconnectedfuture–amoresustainablefuture.
AtAngloAmerican,weareworkingtomakethisfutureareality–combiningintegrity,creativitycircularityandsmartinnovationwiththeutmostconsiderationforourpeople,theirfamilies,localcommunities,ourcustomersandtheworldatlarge–tobetterconnectpreciousresourcestoallofuswhoneedandvaluethem.
Forthepast100years,ouremployeeshaveledfromthefront.Today,weareleadingtheindustryforwardagainbyfindingnewwaystosource,mine,process,supplyandmarketourproducts.
Usinglesswater,lessenergyandmoreprecisetechnologies,wearereducingourphysicalfootprintforeveryounce,caratandkiloofpreciousmetalormineral.Wearebecomingevermoretransparentinhowweconductourbusinesswhilealsoworkingtogethertodevelopbetterjobs,bettereducationandbetterbusinessesforlocalcommunities.Togetherwithourpartners,wearebuildingbrighterandhealthierfuturesaroundouroperations,inourhostcountriesandultimatelyforbillionsofpeoplearoundtheworldwhodependonourproductseveryday.
Aswelookouttothenext100years,wewillcontinuetounearththepotentialbeneathourfeetandallaroundus,thepotentialthatmetalsandmineralsenable–bothlocallyandglobally.
That’swhyatAngloAmerican,wearere-imaginingminingtoimprovepeople’slives.
A community project supporting the development of gardens in schools local to the Minas-Rio Iron Ore mine in Brazil.
7A Smarter Future6 A Smarter Future
OUR PEOPLEOUR VALUESOurentirebusinessrevolvesaroundpeople.Thepartnershipswebuild,bothwithinAngloAmericanandwithourstakeholders–locallyandglobally–arecentraltomaintainingourregulatoryandsociallicencestooperateandoursustainedcommercialsuccess.Andourcontinueddeliverybuildstrustwithourshareholderstoensuretheirongoinginvestmentsupport.
ToliveuptoourPurpose,wearecreatingaculturethatenablespurposefulandhighperformingteams.Wearecommittedtosixvalueswhichguidehowweconductourselvesandhelpuscreateanorganisationwhereallourpeoplearetreatedinsuchawaythattheybringthebestofwhotheyaretowork.FirstandforemostisSafety.
Forourpeople,wecreateworkingenvironmentsandaninclusiveanddiverseculturethatencouragesandsupportshighperformanceandinnovativethinking.
OurOrganisationModelensureswehavetherightpeopleintherightrolesdoingtherightvalue-addingworkattherighttime,withclearaccountabilitiesminimisingworkduplicationandincreasingorganisationcapabilityandeffectiveness.
Wecollaboratewithcolleaguesandstakeholderstowardsacommonpurposeandtoachieveexceptionaloutcomes.
Wealwaysacthonestly,fairly,ethicallyandtransparently.
Weownourdecisions,actionsandperformance,andareempoweredtomakechoicesandlearnfromourexperiences.
Wechallengeassumptions,seekotherperspectivesandpursueinnovativeopportunitiestotransformourbusiness.
Wegiveouralltoeliminatinginjuriesbecausewevaluelifeandareunconditionalaboutsafety,healthandwell-beingatworkandathome.
Webelieveinhumanityandthereforeshowcareandrespectforallpeopleandwillnotturnablindeyetowhatiswrong.
91,000PEOPLEWEEMPLOY
GLOBALLY
20%OFOUREMPLOYEES
AREWOMEN
28%OFMANAGERIALROLESAREHELDBYWOMEN
Employees at the Kolomela Mine in South Africa on Global Safety Day - an organisation-wide programme to create a workplace that is injury and fatality free.
9A Smarter Future8 A Smarter Future
DE BEERS (DIAMONDS)DeBeersoperatesacrossallkeypartsofthediamondvaluechain,includingexploration,production,sorting,valuingandsellingofroughdiamonds,andthemarketingandretailingofpolisheddiamondjewellery.AngloAmericanowns85%ofDeBeers,theworld’sleadingdiamondcompany.Thebalanceof15%ofDeBeersisownedbytheGovernmentoftheRepublicofBotswana.DeBeersanditspartnersproducearoundonethirdoftheworld’sroughdiamonds,byvalue.
COPPERInChile,wehaveinterestsintwomajorcopperoperations:a50.1%interestintheLosBroncesmine,whichwemanageandoperate,anda44%shareintheCollahuasimine.WealsomanageandoperatetheElSoldadomineandChagressmelter,wherewehavea50.1%interestineach.InPeru,weown60%ofQuellaveco,anewworld-classminewearedevelopingtowardsfirstproductionin2022.
Around60%oftotalglobaldemandforcopperisforelectricaluse–wire,cablesandconnectors,includinginvehiclesandconsumerelectronics.20%isusedinconstruction:waterpipesandroofsheetsbenefitfromcopper’sresistancetocorrosion.Copper’sthermalconductivitymakesitidealforairconditioningandrefrigeration.It’salsocommonlyusedinhospitals,owingtoitsantibacterialqualities.
Copperwillbeincreasinglyindemandforuseinelectricandotherlowemissionvehicles;battery,hydrogenfuelcellandotherformsofelectricandhybridvehiclesrequiresubstantiallymorecopperthanconventionalinternalcombustionvehicles.
PLATINUM GROUP METALS (PGMS)AngloAmericanisaleadingproducerofplatinumgroupmetals.ThemajorityofouroperationsarelocatedintheBushveldComplexinSouthAfrica.WealsoownandoperateUnkimineinZimbabwe.
Platinum,palladiumandrhodiumenablecatalyticconverterstocleanvehicleexhaustgases,anddemandforPGMsfromthecarindustrycontinuestogrowasemissionsregulationsbecomeevermorestringent.Platinumhasagreatrangeofotherusesinthechemical,electrical,medical,glassandpetroleumindustries.Andwithgrowingconcernaboutourenvironmentandenergycostsandavailability,platinumhasaroletoplayasthecatalystinfuelcelltechnology,includingforhydrogenfuelcellelectricvehicles(FCEVs)andpowergenerators.
IRON OREAngloAmerican’sironoreoperationsprovidecustomerswithpremiumqualityironoreproductswhichhelpoursteelcustomersmeetevertighteremissionsstandards.InSouthAfrica,wehaveamajority(69.7%)shareinKumbaIronOre,whileinBrazilwehavethefullyintegratedMinas-Riooperation.
Ofallthemetalsthatmakemodernlifepossible,steelisthemostwidelyused–andironoreisitsmainingredient.Overhalfoftheworld’ssteelisusedinconstruction,includingbuildings,railwaysandroads.Steelisalsousedtomanufacturevehicles,machinery,householdappliancesandmanyotheritemsessentialtoeverydaylife.
COALAngloAmericanistheworld’sthirdlargestexporterofmetallurgicalcoalforsteelmaking,withouroperationsinAustraliaproducinghighqualityproductsforourcustomersacrossAsia,India,EuropeandSouthAmerica.OurminesinSouthAfricaanda33%shareofCerrejóninColombiaproducethermalcoalforaffordableelectricitygeneration.
Whilethermalcoalproducesaround40%oftheworld’selectricity,werecogniseitseffectontheenvironmentandareonatrajectoryawayfromproducingthermalcoal,doingsoresponsibly.
NICKEL AND MANGANESEOurNickelassetsarewhollyowned,consistingoftwoferronickeloperations:BarroAltoandCodemininBrazil.InManganese,wehavea40%minorityshareholdinginSamancorHoldingswithoperationsinSouthAfricaandAustralia.
Thestainlesssteelindustryusestwo-thirdsoftheworld’snickelproductionandvirtuallyallferronickelproducedeachyear.Moststainlesssteelscontainabout8-10%nickel.Thebalanceisusedmainlyinthemanufactureofalloysteelandothernon-ferrousalloys.Stainlesssteelisakeyinputinhigh-techdesignandconstruction.
Themostsignificantofalltheindustrialusesofmanganeseisalsosteelproduction,whichusesmorethan85%ofallmanganesemined.Theoreisparticularlyusefulinincreasingsteel’sresistancetooxidation;itcanalsoimprovetheoverallstrength,durabilityandworkabilityofsteel.
METALS AND MINERALS FOR MODERN LIFE
10 A Smarter Future 11A Smarter Future
GLOBALPRESENCE(1)
SOUTH AFRICA
AUSTRALIA
SINGAPORE
SHANGHAI
BOTSWANA
UNITED KINGDOM
FINLAND
BRAZIL
COLOMBIA
PERU
CANADA
CHILE
ZIMBABWE
13 2
21 2 5 6NAMIBIA
2 15
2
1
1
1
1
WHERE WE OPERATEThequalityandlonglifeofourmineralassetsarethefoundationsofourglobalbusiness.Thescaleofourportfolioallowsustoleverageourfinancialresources,technicalexpertise,andsupplierrelationshipstowardsdeliveryonourpotentialandtothebenefitofourcustomers.
Ouraimistobeatrustedcorporateleader.Wepublishannuallyourtaxandeconomiccontributiontoeachofthecountriesinwhichweoperate.Indoingsowehopetoenhancetheunderstandingofourcommitmentandcontinuetoreinforcethetrustthatweseektobuildbetweenourbusiness,ourcommunityandotherstakeholders.
COUNTRIES2018 TOTAL TAX AND
ECONOMIC CONTRIBUTION ($M)
Australia 5,452
Botswana 1,735
Brazil 1,353
Canada 610
Chile 2,809
Colombia 2,117
Namibia 755
Peru 720
Singapore 710
SouthAfrica 8,460
UnitedKingdom 618
Zimbabwe 105
TOTAL 25,444
(1) Numberofoperatingminingassets/majorprojectsunderdevelopmentperbusinessunit.
DEBEERS
COPPER
PLATINUMGROUPMETALS
IRONORE
COAL
NICKELANDMANGANESE
12 A Smarter Future 13A Smarter Future
FINANCIAL PERFORMANCE
REVENUE
$27.6bn
OPERATING PROFIT
$6.1bn
NET DEBT*
$2.8bn
UNDERLYING EBITDA*
$9.2bn
UNDERLYING EARNINGS PER SHARE*
$2.55
TOTAL DIVIDENDS PER SHARE
$1.00
2018
2018
2018
2018
2018
2018
2017
2017
2017
2017
2017
2017
$27.6bn
$6.1bn
$2.8bn
*AlternativePerformanceMeasures–seeIntegratedAnnualReport2018pages208-211.
$9.2bn
$2.55
$1.00
$26.2bn
$5.5bn
$4.5bn
$8.8bn
$2.57
$1.02 We produced 668,000 tonnes of copper in 2018. Copper is set to continue as one of the most essential industrial metals as society addresses the challenges of climate change through
renewable energy and electric transportation, and the raising of living standards for the world’s fast-growing population.
14 A Smarter Future 15A Smarter Future
OUR AMBITION
Tobethemostvaluedminingcompanyin
the
wor
ldb
y20
23
OUR PURPOSE
PO
RTF
OLIO INNOVATIO
N
PEOPLE
Safety Care and respect Inno
vatio
n
Creatingenduringvalueforallourstakeholders
Collaboration
Accountability
In
tegr
ity
DISCIPLINED CAPITAL ALLOCATION
OUR STRATEGYAngloAmerican’sstrategyhasaportfolioofhighqualityandlonglifeassetsatitscentre,fromwhichwewilldeliverleadingshareholderreturns.Weachievethisthroughinnovativepracticesandtechnologies–inthehandsofourworld-classpeople–thatareprioritisedandguidedthroughvalue-disciplinedcapital allocation,towardsacommonpurpose.
IMAGE CAPTION TO GO HERE
Quellaveco copper mine located in the Moquegua region of Peru, offers a rare and attractive opportunity for us to add another world-class, cost-efficient
mining operation to our diversified portfolio. Production is set to start in 2022.
DISCOVER
PLAN AND BUILD
MINE
PROCESSMOVE
MARKET
END OF LIFE PLAN
Re-imagineminingtoimprove
people’slives
17A Smarter Future16 A Smarter Future
INNOVATION
A view of operations at the El Soldado Copper mine in Chile
OuruniqueOperatingModelisdesignedtotransformassetperformance.Thefocusonstableandpredictabledeliveryprovidesafirmfoundationforcontinuousandsustainableoperatingimprovementtosetnewindustrybenchmarklevelsofperformance.Thisapproachhasresultedinstep-changeadvancesinsafetyandproductivity,andlowercosts,andisembeddedinthebusiness.
Fromresourceexplorationtodeliveringourproductsintoourcustomers’hands,FutureSmartMining™isourinnovation-ledpathwaytosustainablemining:technology,digitalisationandsustainabilityworkinghandinhand.
Thetechnologiesthatwearedevelopinganddeployingtofundamentallychangethewayweextractandprocessourproductswillprovidethenextstepchangeinoperatingperformance–creatingsignificantsafetyimprovementsandmajorenergy,waterandcapitalcostsavings.
OurMarketingModelmaximisesthevaluefromourmineralresourcesandmarketpositions.Wedothisbyfullyunderstandingandaddressingourcustomers’specificneedsandleveragingourcapabilitiesinthefinancialandphysicalmarketstodrivetherightcommercialdecisionsacrossthevaluechain–fromminetomarket.
Acrosseveryaspectofourbusiness,wearethinkinginnovativelyabouthowweworktoensurethesafetyofourpeople,enhanceoursustainabilityperformance,anddeliverindustry-leadingmarginsandreturns.
19A Smarter Future18 A Smarter Future
FUTURESMART MININGTM
POR
TFO
LIO P
EOP
LE
OUR STRATEGY
INNOVATION
Operating ModelOurOperatingModelisthefoundationforhowweplanandexecuteeachtask.ItprovidesthelinktoP101andourFutureSmartMining™programmeandit’sthegluetoeverythingwedo.Ourfocusonoperatingstabilityandpredictability
supportssafe,reliableperformanceandcontinuousimprovement.
P101P101isourtransformationalasset
productivityprogramme,systematicallyimprovingtheperformanceofourmost
value-drivingminingprocessesandotherworktosetnewlevelsofbenchmark
performance.Itsetsthecontextforourprogressandiscriticaltoenablethe
deliveryofFutureSmartMining™.
Marketing ModelOurMarketingModeloptimisesthevaluefromourmineralresourcesandmarket
positions.Byfullyunderstandingandaddressingourcustomers’specificneeds
andleveragingourcapabilitiesinthefinancialandphysicalmarkets,wedrivetherightcommercialdecisionsacrossthevaluechain–fromminetomarket.
OurSustainableMiningPlan,integraltoFutureSmartMining™,supportsourinnovationanddeliveryofstepchangeresults
acrosstheentireminingvaluechain.Frommineraldiscoveryrightthroughtomarketingourproductstocustomers,weare
changinghowouremployeesandstakeholdersexperienceAngloAmerican.
OurSustainableMiningPlanisbuiltaroundthreeGlobalSustainabilityPillarsalignedtotheUN’sSustainable
DevelopmentGoals:
CollaborativeRegionalDevelopmentisattheheartofourapproachandisourmodelforbringinglong-termsustainable
developmentopportunitiestotheregionsaroundouroperations.
SustainabilityTechnology & Digitalisation
CONCENTRATING THE MINE™
Greaterprecision,withlowerenergy,water
andcapitalintensity
–CoarseParticleRecovery–BulkOreSorting
–UltrafineRecovery
WATER-LESS MINE
Reducingdependenceonwater,towardsfullrecovery
recyclinganddrytailings
–CoarseParticleRecovery–NovelLeach–DryTailings
MODERN MINE
Safemining,removingpeoplefromharm’sway
–ContinuousHardRockCutting–RemoteOperationControl
–SwarmRobotics
INTELLIGENT MINE
Transformingdataintopredictiveintelligence:
connectedlearningmines
–DigitalEcosystem–DigitalTwins
–AdvancedProcessControl
TRUSTED CORPORATE LEADER
THRIVING COMMUNITIES
HEALTHY ENVIRONMENT
SUSTAINABLE MINING PLAN
PLANNING AND IMPLEMENTATION IN PARTNERSHIP
REGIONAL SPATIAL
ANALYSIS
FutureSmart Mining™Technology,DigitalisationandSustainability
workinghandinhand.
FutureSmartMining™isourinnovation-ledapproachtosustainablemining.Thesearethestep-changeinnovationsthatwilltransformthenatureofmining–howwesource,mine,process,moveandmarketourproducts–andhowourstakeholdersexperienceourbusiness.Itisabouttransformingourphysicalandsocietalfootprint.
FutureSmartMining™isourblueprintforthefutureofourbusiness.Afutureinwhichbroadinnovativethinking,enablingtechnologies,andcollaborativepartnershipswillshapeanindustrythatissafer,moresustainableandefficient,andbetterharmonisedwiththeneedsofourhostcommunitiesandsocietyasawhole.
OneofthemostexplicitwaysinwhichwearelivinguptoourPurposeisthroughFutureSmartMining™:technology,digitalisationandsustainabilityworkinghandinhand.
21A Smarter Future20 A Smarter Future
OUR SUSTAINABLE MINING PLAN
Asourglobalpopulationgrows,thisleadstoagreaterdemandformineralsandmetals,corecomponentsofproductsandservicesthatareessentialtohumanprogress.Butit’saboutmorethanjusttheworkwedoandthefootprintweleave.Wearepartofpeople’slives.Peoplewhodemandanddeservemorethanjusthighproductquality.Modernsocietyrightlyexpectstheminingindustrytomakeapositivecontributiontosocio-economicdevelopmentwhilereducingitsenvironmentalfootprintandsupportingbiodiversity.
Ourindustryhastoaddresscriticalchallengesofsafety,productivityandthewayweuseland,energyandwater.
So,wedevelopedourSustainableMiningPlan,integraltoFutureSmartMining™,toinnovateanddeliverstep-changeresultsacrosstheentireminingvaluechain–frommineraldiscoveryrightthroughtodeliveringproductstoourcustomers.OurSustainableMiningPlanistransformingourentirebusinessandisdesignedtodelivervaluetoallourstakeholders.
A 90kw grid tied solar farm installed at the Greenside Colliery in South Africa. The plant produces enough energy to power all the surface offices at the mine.
Accountability Our vision is to transform the relationship between mines and communities, and wider society
Ethical value chains Our vision is to be a part of a value chain that supports and reinforces positive human rights and sustainability outcomes
Policy advocacy Our vision is to take a lead on issues that affect our business in a way that is collaborative and aimed at society’s wider goals
Education Our vision is for all children in host communities to have access to excellent education and training
Health and well-being Our vision is for the SDG targets for health to be achieved in all our host communities
Livelihoods Our vision is shared, sustainable prosperity in our host communities
Biodiversity Our vision is to deliver net positive impact (NPI) across Anglo American through implementing the mitigation hierarchy and investment in biodiversity stewardship
Climate change Our vision is to operate carbon neutral mines
Water Our vision is to operate waterless mines in water scarce catchments
23A Smarter Future22 A Smarter Future
OUR GLOBAL SUSTAINABILITY PILLARS
AtthecentreofourplanarethreeGlobalSustainabilityPillars:
2030 GOALS
Undereachofthepillarswehaveasetofstretchgoals.Theyaredeliberatelyambitiousanddesignedtochallengeustoleadandinnovate.Andwe’reputtingalloureffortsintodeliveringthembetweennowand2030.
Developingtrustasacorporateleader,providingethicalvaluechainsandimprovedaccountabilitytothecommunitiesweworkwith.
Accountability (Local)
Establishmultiplelevelsofopenandaccountabledialogueleadingtoagreatermutualtrust
Accountability (National and International)
Widespreadrecognitionofthebenefitsthatresponsibleminingcanbring,acollaborativeopennessaboutthechallengesandamoreconsensualworkingrelationshipbetweenAngloAmericanandsociety(increase/improveby100%)
Policy Advocacy
- Externalrecognitionofourleadershiponpolicyadvocacy
- Stronglevelsofengagementinpolicydebates
Ethical Value Chains (Responsible Sourcing) – 2025 Milestones
- AllAngloAmericanoperationstohaveundergone3rdpartyauditsagainstrecognisedresponsibleminecertificationsystems
- ResponsiblesourcingfullyimplementedacrossAngloAmericanandadvocateforthedevelopmentofacommonresponsiblesourcingstandardfortheminingindustry
Education*
Schoolsinhostcommunitiestoperformwithinthetop20%ofstateschoolsnationally
Health and Well-being
SDG3targetsforhealthtobeachievedinourhostcommunities
Livelihoods*
Fivejobscreated/supportedoff-siteforeveryjobon-site
Biodiversity
Delivernetpositiveimpact(NPI)onbiodiversityacrossAngloAmerican
Climate Change
- Reducenetgreenhousegas(GHG)emissionsby30%
- Improveenergyefficiencyby30%
Water
Reducetheabstractionoffreshwaterinwaterscarceregionsby50%
Buildingthrivingcommunitieswithbetterhealth,educationandlevelsofemployment.
Maintainingahealthyenvironmentbycreatingwater-less,carbonneutralminesanddeliveringpositivebiodiversityoutcomes.
Zimele Hub, an enterprise development initiative, at the Mogalakwena PGMs Mine South Africa
South Africa Education Programme in partnership with the Department of Basic Education (DBE).
The Groenfontein farm and training centre offers courses in permaculture and cattle management to local communities. *Alternativemeasuresmaybeproposedinhighincome
countrieswithgoodeducationsystemsandlowunemployment.
25A Smarter Future24 A Smarter Future
OUR GOVERNANCEOurbusinessisorganisedtoreflectourvaluesofintegrityandaccountability,helpingusworkbettertogetherwhilemeetingthehigheststandardsofgovernance.
Stuart Chambers Chairman
Stuartjoinedasanon-executivedirectorinSeptember2017becomingChairmaninNovemberofthatyear.StuartbringstoAngloAmericansignificantglobalexecutiveandboardroomexperienceacrosstheindustrial,logisticsandconsumersectors.StuartpreviouslyservedaschairmanofARMHoldingsplcandRexamplcuntil2016;andasanon-executivedirectorontheboardsofTescoplc(2010-15),ManchesterAirportGroupplc(2010-13),SmithsGroupplc(2006-2012)andAssociatedBritishPortsHoldingsplc(2002-06).Hisexecutivecareerincluded13yearsatPilkingtonplcanditssubsequentparentcompanyNipponSheetGlassuntil2010,inanumberofexecutiverolesandultimatelyaschiefexecutiveofbothcompanies.Priortothat,Stuartgained10yearsofsalesandmarketingexperienceatMarsCorporation,following10yearsatShell.
Mark Cutifani Chief Executive
MarkjoinedAngloAmericanasChiefExecutiveinApril2013.MarkisamemberoftheBoardandGroupManagementCommittee(GMC),isanon-executivedirectorofAngloAmericanPlatinum,ChairmanofAngloAmericanSouthAfrica(AASA)andChairmanofDeBeers.MarkwaspreviouslyCEOofAngloGoldAshantiLimited,apositionheheldfrom2007-2013.BeforejoiningAngloGoldAshanti,MarkwasCOOatValeIncowherehewasresponsibleforVale’sglobalnickelbusiness.PriortothisheheldseniorexecutivepositionswiththeNormandyGroup,SonsofGwalia,WesternMiningCorporation,KalgoorlieConsolidatedGoldMinesandCRA(RioTinto).
CHAIRMAN AND EXECUTIVE DIRECTORS
Stephen Pearce Finance Director
StephenbecameamemberoftheGroupManagementCommitteeinJanuary2017andwasappointedtotheBoardasFinanceDirectorinApril2017.Heisalsoanon-executivedirectorofAngloAmericanPlatinumLimitedandBAESystemsplc.Hehasmorethan16yearsofpubliccompanydirectorexperienceand30years’experienceinthemining,oilandgas,andutilitiesindustries.BeforejoiningAngloAmerican,StephenservedasCFOandanexecutivedirectorofFortescueMetalsGroupfrom2010to2016.Priortothat,heheldthepositionsofmanagingdirectorandCEOofSouthernCrossElectricalEngineeringLtdandwasCFOofAlintaLtd.UntilJanuary2017,heservedasanon-executivedirectorofCedarWoodsPropertiesLtd.
Tony O’Neill Technical Director
TonyisamemberoftheGroupManagementCommittee(GMC).HejoinedAngloAmericaninSeptember2013asGroupDirectorforTechnicalandSustainability,beingappointedtotheBoardasTechnicalDirectorinJuly2015,withresponsibilityfortheTechnicalandSustainabilityfunction.Heisalsoanon-executivedirectorofAngloAmericanPlatinumandDeBeers.
TonyjoinedAngloGoldAshantiinJuly2008asExecutiveVicePresident–BusinessandTechnicalDevelopmentandservedasjointactingCEOuntilJuly2013.
Hisextensivecareerintheminingindustryhasspannedironore,copper,nickelandgoldandincludeshisrolesasOperationsExecutiveatNewcrestMiningandastheHeadoftheGoldBusinessatWesternMiningCorporation.
26 A Smarter Future 27A Smarter Future
BOARD OF DIRECTORS GROUP MANAGEMENT COMMITTEE
For the profiles of all our senior leaders, please visit angloamerican.com
Stuart Chambers CHAIRMAN
Mark Cutifani CHIEF EXECUTIVE
Stephen Pearce FINANCE DIRECTOR
Tony O'Neill TECHNICAL DIRECTOR
Mark Cutifani CHIEF EXECUTIVE
Stephen Pearce FINANCE DIRECTOR
Tony O'Neill TECHNICAL DIRECTOR
Byron GroteSENIOR INDEPENDENT DIRECTOR
Ian AshbyINDEPENDENT NON-EXECUTIVE DIRECTOR
Mphu RamatlapengINDEPENDENT NON-EXECUTIVE DIRECTOR
Hixonia NyasuluINDEPENDENT NON-EXECUTIVE DIRECTOR
Marcelo BastosINDEPENDENT NON-EXECUTIVE DIRECTOR
Anne StevensINDEPENDENT NON-EXECUTIVE DIRECTOR
Jim RutherfordINDEPENDENT NON-EXECUTIVE DIRECTOR
Nonkululeko NyembeziINDEPENDENT NON-EXECUTIVE DIRECTOR
Chris GriffithCEO OF PLATINUM GROUP METALS
Richard PriceGROUP GENERAL COUNSEL AND COMPANY SECRETARY
Didier CharretonGROUP DIRECTOR - PEOPLE & ORGANISATION
Ruben FernandesCEO OF BASE METALS
Duncan WanbladGROUP DIRECTOR - STRATEGY & BUSINESS DEVELOPMENT
Seamus FrenchCEO OF BULK COMMODITIES AND OTHER MINERALS
Anik MichaudGROUP DIRECTOR - CORPORATE RELATIONS
Nolitha FakudeGROUP DIRECTOR - SOUTH AFRICA
Themba MkhwanaziCEO OF KUMBA IRON ORE
Bruce CleaverCEO OF DE BEERS
Peter WhitcuttCEO OF MARKETING
29A Smarter Future28 A Smarter Future
MEASURING DELIVERY OF OUR STRATEGYWetrackourstrategicprogressandsustainabilityonanongoingbasisusingkeyperformanceindicators(KPIs)thataretiedtooursevenpillarsofvalue:
Safety and HealthTodonoharmtoourworkforce
ProductionTosustainablyproducevaluableproduct
EnvironmentTominimiseourimpactontheenvironment
CostTobecompetitivebyoperatingasefficientlyaspossible
Socio-PoliticalTopartnerinthebenefitsofminingwithlocalcommunitiesandgovernment
FinancialTodeliversustainablereturnstoourshareholders
PeopleTocreateasustainablecompetitiveadvantagethroughcapablepeopleandaneffective,Purpose-led,highperformanceculture
Participants of the Moranbah North coal mine (Australia) training programme dedicated to providing women with the opportunity to complete
on-the-job training and receive a Certificate in Underground Coal mining.
31A Smarter Future30 A Smarter Future
LEADERS IN RESPONSIBLE MININGAngloAmericanisrecognisedbyanumberofsustainabilityindices,suchastheJohannesburgStockExchangeSociallyResponsibleInvestmentIndex(SRIIndex),theUNGlobalCompactandtheResponsibleJewelleryCouncil.Ourinvolvementintheseindicesandtheothersdepictedbelowhighlighttheresponsibleandtransparentwayweinwhichwework.
CERTIFICATEOF MEMBERSHIP
This is to certify that
Anglo American
is a constituent company in the FTSE4Good Index Series
June 2019
Further details of our accreditations can be found at angloamerican.com
32 A Smarter Future
ANGLO AMERICAN PLC
20CarltonHouseTerraceLondonSW1Y5ANUnitedKingdom
T+44(0)2079688888
www.angloamerican.com
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