Tuesday, February 24, 2015

Hot Prefered Companies To Own In Right Now

Hot Prefered Companies To Own In Right Now: Anglo American PLC (AAUKY.PK)

Anglo American plc (Anglo American), incorporated on May 14, 1998, is a mining company. The Companys portfolio include Bulk commodities which consists of iron and manganese, metallurgical coal and thermal; base metals, which consists of copper, nickel and niobium; Precious metals and minerals, which include platinum and diamonds and Other Mining and Industrial. The Company operates in Africa, Brazil, Chile, North and South America, Australia, China, India, Japan, other Asia and Europe. In November 2013, Anglo American PLC announced the completion of its sale of the Amapa iron ore operation in Brazil (Amapa) to Zamin Ferrous Ltd. In January 2014, Anglo American completed the acquisition of Mineral Technology Exploration Production SA (MINTEP) and Societe Miniere d'Alumine SA.

Iron and Manganese

The Companys Iron Ore portfolio consist a 69.7% holding in Kumba Iron Ore Limited (Kumba), a supplier of seaborne iron ore, and Iron Ore Brazils 10 0% interest in Anglo Ferrous Minas-Rio, a 49% shareholding in LLX Minas-Rio, which owns the port of Acu, and a 70% interest in the Amapa iron ore system. During the year ended December 31, 2012, Kumba operated three mines: Sishen Mine in the Northern Cape, which produced 33.7 million tons (MT) of iron ore, Thabazimbi Mine in Limpopo, with an output of 0.8 MT and Kolomela mine, also in the Northern Cape and produced 1.5 MT. During 2011, Kumba exported more than 85% of its total iron ore sales volumes of 444 million tons, with 69% of these exports destined for the Peoples Republic of China and the remainder to Europe, Japan, South Korea and the Middle East. Its Minas-Rio iron ore project is located in the states of Minas Gerais and Rio de Janeiro.

The Companys Manganese interests consist of a 40% holding in Samancor Holdings, which owns Hotazel Manganese Mines and Metalloys, both in South Africa, and a 40% holding in each of the Australian-based o! perations Groote Eylandt Mining Company (GEMCO) and Tasmanian Electro Metallurgical Company (TEMCO), with BHP Billiton owning 60% and having management control. It is producer of seaborne manganese ore and is top three global producers of manganese alloy. Its operations produce a combination of ores, alloys and metal from sites in South Africa and Australia.

Metallurgical Coal

The Companys coal operations in Australia are based on the east coast, from where Metallurgical Coal serves a range of customers throughout Asia and the Indian subcontinent, and Europe and South America. Its metallurgical coal operation in Canada, Peace River Coal, mainly serves customers in Europe, Japan and South America. Metallurgical Coal operated six mines, one wholly owned and five in which it has a controlling interest. Five of the mines are located in Queenslands Bowen Basin: Moranbah North (metallurgical coal), Capcoal (metallurgical and thermal coal), Foxleigh (metallurg ical coal), Dawson (metallurgical and thermal coal) and Callide (thermal coal). Drayton mine (thermal coal) is in the Hunter Valley in New South Wales. Moranbah North is an underground longwall mining operation with a mining lease covering 100 square kilometers.

Capcoal operates two longwall underground mines and an open cut mine. Together, they produce around 5.0 MT annually of hard coking coal, pulverised coal injection (PCI) and thermal coal. Capcoal also supplies methane-rich seam gas to Energy Developments Limiteds power station. Foxleigh is an open cut operation with an annual output exceeding 1.4 million tons of PCI coal. During 2012, Dawson, which is an open cut operation, produced 4.6 MT total of coking and thermal coal. During 2012, Capcoal operates two underground mines and an open cut mine. Together, they produced around 6.0 Mt of hard coking, pulverised coal injection (PCI) and thermal coals. During 2012, Foxleigh is an open cut operation which produced 1.9 Mt of high quality PCI coal.

Thermal! Coal

Thermal Coal operates in South Africa and and is a joint partner in Cerrejon, Colombia. In South Africa, Thermal Coal wholly owns and operates nine mines and has a 50% interest in the Mafube colliery and Phola washing plant. During 2012, six of the mines supplied 23 million tons per annum of thermal coal to both export and local markets. New Vaal, New Denmark and Kriel collieries are domestic product operations supplying 29 million tons per annum of thermal coal to Eskom, the state-owned power utility. During 2012, Isibonelo mine produced five million tons per annum of thermal coal for Sasol Synthetic Fuels, the coal to liquids producer, under a 20 year supply contract. Thermal Coals South African operations route all export thermal coal through the Richards Bay Coal Terminal (RBCT), in which it has a 24.2% shareholding, to customers throughout the Med-Atlantic and Asia-Pacific regions. Withi n South Africa, 62% of total sales tons are made to the Eskom power utility.

Copper

The Company has interests in six copper operations in Chile. The wholly owned operations consists of the Mantos Blancos and Mantoverde mines, and it hold a 50.1% interest in Anglo American Sur (AA Sur), which includes the Los Bronces and El Soldado mines and the Chagres smelter. It has a 44% interest in the Collahuasi mine. The mines also produce associated by-products, such as molybdenum and silver. In addition, it has interests in Quellaveco and Michiquillay projects in Peru and a 50% interest in the Pebble project in Alaska.

Nickel

Nickel has three ferronickel operations: Codemin and Barro Alto in Brazil and Loma de Niquel in Venezuela. Within the

business units portfolio there are also two projects, Jacare and Morro Sem Bone, both in Brazil, and exploration projects in Finland, Canada and Australia.

Platinum

The Companys Platinum business, based in South Africa, is the producer of platinum. Platinum mines, processes and re! fines the! entire range of platinum group metals (PGMs): platinum, palladium, rhodium, ruthenium, iridium and osmium. Base metals such as nickel, copper and cobalt sulphate are secondary products and are contributors to earnings. Platinums operations exploit reserve of PGMs, known as the Bushveld Complex, which contains PGMbearing Merensky, UG2 and Platreef ores. During the year ended December 31, 2012, Platinum wholly owns 10 mining operations in production, a tailings re-treatment facility, three smelters, a base metals refinery and a precious metals refinery. Concentrating, smelting and refining of the output are undertaken at Rustenburg Platinum Mines (RPM) metallurgical facilities. During 2012, Platinums 100% owned mining operations consists of the five mines at Rustenburg Section: Khomanani, Bathopele, Siphumelele, Thembelani and Khusel eka; Amandelbult Sections two mines, Tumela and Dishaba, as well as Mogalakwena and Twickenham mines. Union Mine is 85% held with a black economic empowerment (BEE) partner, the Bakgatla-Ba-Kgafela traditional community, holding the remainder. The Unki mine in Zimbabwe is wholly owned.

Diamonds

The Companys diamond interests are represented by its 40% holding in De Beers. The other shareholders in De Beers are Central Holdings Ltd, which owns 40%, and the Government of the Republic of Botswana (GRB) with 15%. De Beers is a diamond company producing diamonds from its mines in Botswana, Canada, Namibia and South Africa. As of December 31, 2012, De Beers held a 50% interest in Debswana Diamond Company and in Namdeb Diamond Corporation. In addition, De Beers has a 74% holding in South African based De Beers Mines Limited. De%Beers owns 100% of De%Beers Canada. De%Beers owns 100% of The Diamond Trading Company (DTC). De Beers, through Element Six T echnologies, is a supplier of industrial supermaterials. Element Six operates internationally, with 10 manufacturing sites globally and a global sales network.

Advisors' Opinion:
  • [By B! en Kramer! -Miller]

    The Pebble Project is an enormous potential mine in Alaska containing mostly copper, and some gold and molybdenum. The project is owned by the Pebble Partnership, of which Northern Dynasty Minerals owns half, while Anglo American (AAUKY.PK) owns the other half.

  • source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/hot-prefered-companies-to-own-in-right-now-2.html

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