Saturday, March 17, 2012

The merger and acquisition opportunities, a “strategic priority” in driving value

Anglo American, the diversified mining group, continued to examine merger and acquisition opportunities as a “strategic priority” in driving value, said Chairperson Sir John Parker.
The growing demand for metals and minerals was fuelling mining companies’ exploration of regions beyond their traditional mining jurisdictions, despite infrastructural, logistical and other challenges.
“As GDP increases, Anglo American’s diversified portfolio included material exposure to metallurgical coal and iron-ore, by coal crusher and iron ore crusher , which benefits the exposure to later cycle businesses through platinum and ultimately, diamonds,” Parker wrote in the group’s 2011 annual report, published this week.
In March 2011 ,Barro Alto came on streamed was ramping up to full production, while Anglo American’s expansion at Los Bronces was commissioned in October, and in December, five months ahead of schedule, the Kolomela mine, in South Africa, was commissioned.
The company approved the $1.7-billion Grosvenor Greenfield coal mine project in Queensland, Australia mainly on the coal mining machine, which was expected to produce five-million tons of metallurgical coal a year, over a projected life of 26 years, as well as the Collahuasi Phase 2 expansion, in Chile.
Together with a number of other medium- and longer-term projects, Anglo American had the potential to double its production through the number of approved and unapproved projects with high efficient mining equipment such as mining machine, copper crusher, gold ore crusher etc.