Anglo American Platinum
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| Public limited company | |
| Traded as | JSE: AMS |
| Industry | Mining |
| Founded | 1995 |
| Products | Platinum |
| Website | www |
Anglo American Platinum Limited (JSE: AMS) is the world's largest primary producer of platinum, accounting for about 38% of the world's annual supply.
Based in South Africa, most of the group's operations lie to the northwest and northeast of Johannesburg. A majority of the company's operations take place in the Bushveld Igneous Complex, a large region that contains a range of mineral commodities including chromium, vanadium, titaniferous magnetite and platinum group metals.
In 1995, the company Johannesburg Consolidated Investments unbundled. Its platinum interests became Amplats, later renamed Anglo American Platinum. Anglo American is the company's majority shareholder. On 5 October 2012, Anglo American Platinum fired 12,967 striking South African miners. In July 2014, Amplats announced it would sell many of its South African mines following the negative effect of five months’ worth of strikes on the firm’s hopes of becoming profitable.
The company's major facilities and production areas include:
Anglo American Platinum's products include:
Anglo American Platinum filed SLAPPs (Strategic Lawsuit Against Public Participation) against a South African public interest lawyer Richard Spoor, who represented indigenous communities affected by platinum mining on tribal land. The actions include an application in the High Court for a so-called gagging order, ostensibly to prevent him further injuring the good name and reputation of the corporation, the lodging of complaints with the Law Society of unprofessional behaviour and the lodging of a civil action for damages for some $500,000. Anglo American Platinum also obtained an ex parte (without notice) order interdicting two tribal chiefs from interfering with their mining operations and had them arrested on charges of intimidation and trespass. Subsequently, followers of the two tribal chiefs were shot, beaten and arrested for protesting the mine's presence on tribal land.
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