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.
