anglo american: jse investor showcase american...4 safety is our priority our vision is for zero...
TRANSCRIPT
ANGLO AMERICAN:
JSE INVESTOR SHOWCASEHermien Botes, October 2019
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OUR PURPOSE IS TO…
Re-imagine
mining…
What mining could be and
how we envisage mining in
the future. How we think
differently and innovatively
about mining and our entire
value chain.
…to improve
people’s lives
A Purpose is about more than
just the work we do and the
profits we make, it’s about the
impact we have on everything
and everyone we touch.
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OUR STRATEGYPortfolio, Innovation, People
• High quality and long-life assets
• Differentiated growth portfolio
• Sustainable cash flow and returns
• Performance Foundations
1. Operating Model
2. P101
• FutureSmart MiningTM
1. Technical Innovation
2. Sustainable Mining Plan
• Value from mine to market
• Social licence to operate
• Purpose-led, high performance
culture
• Organisation Model
Portfolio
Innovation
People
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SAFETY IS OUR PRIORITYOur vision is for zero harm
• Our vision is for zero harm
• We have lost 4 colleagues in 2019 (2018: 5).
Just a few days ago, Goodwill Seerane
lost his life following an ambush at a
closed colliery.
• Total Recordable Case Frequency
(TRCFR) rate as at end-Sept is 2,16 (2018:
2.66; 3.17).
• Our safety-management approach is risk-
based and focuses on integrating safe
working practices into every aspect of what
we do.
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PORTFOLIO
Our operating assets
De Beers
Copper
Platinum
Iron Ore
Coal
Nickel and Manganese
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PORTFOLIO FINANCIAL PERFORMANCELeading indicators
H1 2019 H1 2018
Underlying EBITDA $5.5 billion $4.6 billion
Operating profit/
(loss) $3.3 billion $2.4 billion
Underlying earnings
per share $1.58 $1.23
Total dividends paid
per share $0.62 $0.49
Capital expenditure $1.4 billion $1.2 billion
Attributable free
cash flow $1.3 billion $1.6 billion
Net debt $3.4 billion $4.0 billion
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PORTFOLIO VALUE ADDEDThe needs and concerns of all our stakeholders inform and guide our approach to doing business
We strive to generate long term benefits
everywhere we operate – to create value for
shareholders as well as local communities
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PEOPLE ORGANISATIONAL CULTUREA focus on developing a high-performance culture
• We are committed to promoting an inclusive and diverse
environment where every colleague is valued and
respected for who they are and can fulfil their potential.
• By year end, women made up 20% of our overall
workforce (2017: 19%) and 28% of managers (2017:
26%).
• In South Africa, the figure for historically disadvantaged
South Africans as a percentage of management
positions was 65%.
• In 2018, we reported our UK Gender Pay Gap position.
• A diverse workforce is a source of competitive
advantage, bringing greater variety of thought to tackle
the complex, global challenges we face.
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INNOVATION WE ARE RE-IMAGINING MINING
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WE ARE RE-IMAGINING MINING
Operating ModelThis is the model on which we base all
our work. It provides structure, planning,
the right procedures, way tasks are to be
executed, how we measure and analyse
the results, and continually improve.
P101This is our breakthrough asset
productivity programme to establish a
platform of operational excellence upon
which we will deliver our FutureSmart
Mining™ vision.
FutureSmart Mining
DigitalisationThe Intelligent Mine
Technology InnovationThe Concentrated Mine™
The Waterless Mine
The Modern Mine
SustainabilitySustainable Mining Plan
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The Modern Mine: Continuous mining deep
underground with our people out of harms way.
The Waterless Mine: Extracting precious
resources without the need for fresh waterThe Concentrated Mine: A mine that
gets more directly to the precious metal.
The Intelligent Mine: A mine that learns
for itself supporting safer, more productive
mining
FUTURESMART MININGTM
Our innovation-led blueprint for the future of our business
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OUR SUSTAINABLE MINING PLANThe framework
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TRUSTED CORPORATE LEADER
Accountability
Vision: To transform the
relationship between mines,
communities and wider society.
Policy Advocacy
Vision: To take a lead on issues that affect
our business in a way that is collaborative
and aimed at society’s wider goals.
Ethical Value Chains
Vision: To be a part of a value chain that
supports and reinforces positive human
rights and sustainability outcomes.
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THRIVING COMMUNITIES
Livelihoods
Vision: Shared, sustainable
prosperity in our host communities.
Vision: For all children in host
communities to have access to
excellent education and training.
Health and well-being
Vision: For the SDG targets for
health to be achieved in all our
host communities.
Education
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HEALTHY ENVIRONMENT
Climate change
Vision: To operate carbon-neutral
mines.
Water
Vision. To operate waterless mines in
water scarce regions.
Biodiversity
Vision. To deliver net positive impact (NPI)
across Anglo American through
implementing the mitigation hierarchy and
biodiversity stewardship.
THANK YOU