## Anglo American Plc: A Comprehensive Overview Anglo American Plc is one of the world's largest mining companies, with a diverse portfolio that includes diamonds, copper, platinum, and iron ore. Founded in 1917 by Sir Ernest Oppenheimer in South Africa, the company has evolved significantly over the decades. Initially focused on diamond and gold mining, Anglo American expanded its operations by acquiring De Beers in the 1920s, solidifying its position in the diamond market[1][3]. ### History and Key Achievements - **Early Expansion**: By the mid-20th century, Anglo American had diversified into coal, base metals, and other minerals. It entered international markets in the 1960s and 1970s, establishing operations in North and South America and Australia[1][2]. - **Apartheid Era**: During apartheid, Anglo American played a significant role in South Africa's economy but faced criticism for profiting from the system. The company merged with Minorco in 1998 to form Anglo American plc, shifting its focus globally[4][3]. - **Notable Initiatives**: In 1989, Anglo American launched Zimele, an enterprise development initiative aimed at empowering black entrepreneurs in South Africa[5]. ### Current Status and Notable Aspects - **Financial Performance**: As of 2022, Anglo American reported a total revenue of approximately £40.8 billion and a net profit of around £9.5 billion[1]. - **Diversified Operations**: The company operates in several key segments, including Platinum, Diamonds, Copper, and Iron Ore, contributing significantly to its financial performance[1]. - **Global Presence**: Anglo American is listed on the London Stock Exchange and has a significant presence in various global markets. It retains a 45% stake in De Beers, a major player in the diamond industry[3][4]. Anglo American's history reflects its adaptability and strategic expansion,