Announcement

Collapse
No announcement yet.

Zimbabwe

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • #16
    Anglo American plc is a multinational mining company based in Johannesburg, South Africa and London, United Kingdom. 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 and metallurgical and thermal coal. The company has operations in Africa, Asia, Australasia, Europe, North America and South America.

    Sir Ernest Oppenheimer founded the Anglo American Corporation in 1917 in Johannesburg, South Africa, with financial backing from the American bank J.P. Morgan & Co. and £1*million raised from UK and US sources to start the gold mining company. This fact is reflected in the name of the company. The AAC became the majority stakeholder in the De Beers company in 1926, a company formerly controlled by Alfred Beit, also a Jewish-German émigré.

    During 1945, the AAC moved into the coal industry by acquiring Coal Estates. Twelve years later, Sir Ernest died in Johannesburg and the company was succeeded by his son, Harry Oppenheimer, who also became chairman of De Beers. In the late 1940s and 1950s, the AAC focused on the development of the Free State goldfields (seven major mines simultaneously) and the Vaal Reefs mine. The success of the mines enabled the company to become the world’s largest gold-mining group.

    The company focuses on natural resources with six core businesses: Kumba Iron Ore; Iron Ore Brazil; Coal (thermal and metallurgical); Base metals (Copper, Nickel, Niobium, Phosphates); Platinum; Diamonds, through De Beers, in which it owns an 85% share.

    The paper and packaging business Mondi Group was spun out in 2007. Anglo American entered into talks in November 2011 with the Oppenheimer family to divest the remaining Oppenheimer share of De Beers, an additional 40% stake for $5.1 billion, which would increase Anglo American stake to 85%. This came at a time of increased labour strikes and international attention to Oppenheimer's involvement in blood and conflict diamonds.
    It's easier to fool people than to convince them they have been fooled. - Mark Twain.

    Comment


    • #17
      The De Beers Group of Companies is an international corporation that specialises in diamond exploration, diamond mining, diamond retail, diamond trading and industrial diamond manufacturing sectors. The company is currently active in open-pit, large-scale alluvial, coastal and deep sea mining. It operates in 35 countries and mining takes place in Botswana, Namibia, South Africa and Canada. Until the start of the 21st century, De Beers effectively had total control over the diamond market as a monopoly. Competition has since dismantled the complete monopoly, though De Beers Group still sells approximately 35% of the world's rough diamond production through its Global Sightholder Sales and Auction Sales businesses.

      The company was founded in 1888 by British businessman Cecil Rhodes, who was financed by the South African diamond magnate Alfred Beit and the London-based N M Rothschild & Sons bank. In 1926, Ernest Oppenheimer, a Jewish immigrant to Britain who had earlier founded mining giant Anglo American plc with American financier J.P. Morgan, was elected to the board of De Beers. He built and consolidated the company's global monopoly over the diamond industry until his death in 1957. During this time, he was involved in a number of controversies, including price fixing, trust behaviour and was accused of not releasing industrial diamonds for the U.S. war effort during World War II.
      It's easier to fool people than to convince them they have been fooled. - Mark Twain.

      Comment


      • #18
        Cecil John Rhodes PC (5 July 1853 – 26 March 1902) was a British businessman, mining magnate and politician in southern Africa who served as Prime Minister of the Cape Colony from 1890 to 1896. An ardent believer in British imperialism, Rhodes and his British South Africa Company founded the southern African territory of Rhodesia (now Zimbabwe and Zambia), which the company named after him in 1895. South Africa's Rhodes University is also named after him. Rhodes set up the provisions of the Rhodes Scholarship, which is funded by his estate, and put much effort towards his vision of a Cape to Cairo Railway through British territory.
        It's easier to fool people than to convince them they have been fooled. - Mark Twain.

        Comment


        • #19
          For further reading: The Oppenheimer family....Jewish German origins....
          It's easier to fool people than to convince them they have been fooled. - Mark Twain.

          Comment


          • #20
            Here is 5 gallons of gas n a match

            make it work, thanks man

            Comment

            Working...
            X