Anglo American, I came across something quite interesting from them, no doubt continually swinging stuff governments way. Or at least those calling for mine nationalisation. Check it out: Financial contribution to South Africa.
Basically indicating that they have invested 143 billion ZAR in South Africa since 1999 and indicating that they are planning to invest another 50 billion ZAR. And check it out, they account for around 2 to 2.5 percent of GDP and are the biggest tax payer. Directly of course. Oh, and Anglo employs more people in the private sector than anyone else, 80 thousand folks. And 2009 export revenues were nearly 60 billion ZAR. All big numbers. Someone please show the folks who keep calling for mine nationalisation.
And, some big coal expansions in Queensland. A mate of mine left a short while ago to go and work for Anglo Coal in Brisbane. And we saw someone yesterday who works for an Aussie American coal mining company, who speaks of massive things happening in Queensland. Not the Reds, but rather on the coal front. This town is a mere 1000 plus kilometres from Brisbane, North West. Wow. Check it out ---> Coal CEO shares $2.7b mining plan. Excellent. And we hear that Anglo are exiting Canada. Smalls really in the bigger picture.