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Anglo American plc

Companies/United Kingdom  •  Curated by Admin Timeline.sg

Anglo American plc, founded in 1917 by Ernest Oppenheimer, is a British multinational mining company with a history of landmark mergers, global expansion, and strategic restructuring. The timeline traces its evolution from a South African gold and diamond miner to a diversified global leader in copper, platinum, and crop nutrients.

Chronological Storyline (35 Milestones)

1917 CE

Anglo American Corporation Founded

Ernest Oppenheimer establishes Anglo American Corporation in Johannesburg, South Africa, with initial capital from American and British investors to mine gold and diamonds. #mining #history

1926 CE

Acquisition of De Beers Stake

Anglo American acquires a major interest in De Beers, consolidating control over the world's leading diamond mining company. #diamonds #mining

Acquisition of De Beers Stake
Acquisition of De Beers Stake
By Minnaert - Own work, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=4039922
1929 CE

Anglo American Gold Investment Company Formed

Anglo American establishes the Anglo American Gold Investment Company to expand gold mining operations, including the development of the Vaal Reefs mine. #gold #mining

1936 CE

Vaal Reefs Gold Mine Commissioned

The Vaal Reefs gold mine begins production, becoming one of the world's largest gold mines and a key asset for Anglo American. #gold #mining

1945 CE

Diversification into Coal and Base Metals

Anglo American begins expanding beyond gold and diamonds, investing in coal mines and base metal projects in South Africa. #diversification #mining

1955 CE

Entry into Zambian Copperbelt

Anglo American acquires stakes in Zambian copper mines, notably Nchanga and Nkana, becoming a major copper producer. #copper #mining

1960 CE

Expansion into South America

Anglo American establishes operations in Chile and Brazil, beginning exploration for copper and iron ore. #southamerica #mining

1970 CE

Los Bronces Copper Mine Development

Anglo American discovers and begins developing the Los Bronces copper mine in Chile, which becomes one of the world's largest copper operations. #copper #chile

Los Bronces Copper Mine Development
Los Bronces Copper Mine Development
By ErwinWoenckhaus - Own work, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=32135880
1984 CE

Listing on Johannesburg Stock Exchange

Anglo American Corporation lists on the Johannesburg Stock Exchange, increasing its capital base and global profile. #stockexchange #mining

1995 CE

Major Restructuring Begins

Anglo American launches a strategic review, divesting non-core assets and focusing on core mining operations. #restructuring #mining

1998 CE

Merger with Minorco Announced

Anglo American announces a merger with Minorco, a Luxembourg-based mining company, creating a global mining giant. #merger #mining

May 24, 1999 CE

Anglo American plc Formed and Listed

Anglo American plc is created from the merger with Minorco and lists on the London Stock Exchange, with a secondary listing in Johannesburg. #ipo #mining

Jul 1, 2000 CE

Acquisition of Tarmac

Anglo American acquires Tarmac, a UK construction materials company, for £1.2 billion, diversifying into building materials. #acquisition #construction

2001 CE

Acquisition of MBR in Brazil

Anglo American acquires Mineração Brasileiras Reunidas (MBR), a major iron ore producer in Brazil, for $1.5 billion. #ironore #brazil

2002 CE

Full Control of De Beers

Anglo American acquires the remaining shares of De Beers from the Oppenheimer family, taking full control of the diamond giant. #diamonds #acquisition

2004 CE

Divestment of Tarmac

Anglo American sells Tarmac to CRH plc for £1.6 billion, exiting construction materials to focus on core mining. #divestment #mining

2007 CE

Acquisition of Nickel Assets

Anglo American acquires the nickel operations of Xstrata in Sudbury, Canada, and refineries in Norway, boosting nickel production. #nickel #mining

Sep 15, 2008 CE

Global Financial Crisis Impact

The collapse of Lehman Brothers triggers a sharp drop in commodity prices, forcing Anglo American to cut costs and defer projects. #financialcrisis #mining

2009 CE

Cyril Ramaphosa Joins Board

Cyril Ramaphosa, former trade union leader and future South African president, is appointed to the Anglo American board as a non-executive director. #leadership #southafrica

Cyril Ramaphosa Joins Board
Cyril Ramaphosa Joins Board
By Lula Oficial - 09.03.2026 - Chegada do Presidente da República da África do Sul ao Palácio do Planalto, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=192739569
2010 CE

Launch of FutureSmart Mining

Anglo American launches FutureSmart Mining, a program integrating digital technology and sustainable practices across its operations. #innovation #mining

Apr 1, 2012 CE

Mark Cutifani Appointed CEO

Mark Cutifani becomes CEO of Anglo American, succeeding Cynthia Carroll, and begins a major cost-cutting and portfolio restructuring. #ceo #leadership

Mark Cutifani Appointed CEO
Mark Cutifani Appointed CEO
By Lukedoddaa - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=97252409
2013 CE

Amplats Restructuring

Anglo American Platinum (Amplats) announces a restructuring plan, including mine closures and job cuts, amid falling platinum prices. #platinum #restructuring

2014 CE

Sale of Iron Ore Assets in Brazil

Anglo American sells its iron ore operations in Brazil, including the Minas-Rio project, to reduce debt and focus on core commodities. #ironore #divestment

Dec 1, 2015 CE

Major Portfolio Overhaul Announced

Anglo American unveils a radical restructuring, planning to sell 60% of its assets and cut jobs to survive a commodity downturn. #restructuring #mining

Feb 1, 2016 CE

Sale of De Beers Stake Considered

Reports suggest Anglo American may sell its stake in De Beers, but the company ultimately retains it after a recovery in diamond demand. #diamonds #strategy

Sep 1, 2017 CE

Centenary Celebrations

Anglo American marks its 100th anniversary with events highlighting its history and commitment to sustainable mining. #anniversary #mining

2018 CE

Acquisition of Glencore's Coal Assets?

Anglo American acquires Australian coal assets from Glencore for $1.1 billion, expanding its metallurgical coal portfolio. #coal #acquisition

Mar 1, 2020 CE

COVID-19 Pandemic Disruptions

The COVID-19 pandemic leads to temporary mine closures and operational disruptions, with safety protocols implemented across global sites. #pandemic #mining

May 1, 2021 CE

Sale of Cerrejón Coal Mine

Anglo American agrees to sell its 33.3% stake in the Cerrejón coal mine in Colombia to Glencore for $330 million, advancing its exit from thermal coal. #divestment #coal

Sale of Cerrejón Coal Mine
Sale of Cerrejón Coal Mine
By Tanenhaus - IMG_0523.JPG, CC BY 2.0, https://commons.wikimedia.org/w/index.php?curid=11408769
Apr 1, 2022 CE

Duncan Wanblad Becomes CEO

Duncan Wanblad succeeds Mark Cutifani as CEO, focusing on copper, crop nutrients, and further portfolio simplification. #ceo #leadership

2022 CE

Commitment to Carbon Neutrality

Anglo American announces a target to achieve carbon neutrality across its operations by 2040, with a $2 billion investment plan. #climatechange #sustainability

May 1, 2023 CE

Sale of Platinum Group Metals Operations

Anglo American announces the sale of a majority stake in its platinum group metals operations to a South African consortium for R27 billion. #platinum #divestment

2023 CE

Expansion of Copper Portfolio

Anglo American invests $5 billion to expand its copper operations in Chile and Peru, aiming to increase annual copper production significantly. #copper #investment

Feb 1, 2024 CE

BHP Bid Rejected

Anglo American rejects a £31 billion takeover bid from BHP Group, citing undervaluation and strategic concerns. #takeover #mining

2024 CE

Focus on Crop Nutrients

Anglo American accelerates development of the Woodsmith polyhalite mine in UK, positioning itself as a key supplier of sustainable crop nutrients. #cropnutrients #mining