“The granting of conversions to subsidiaries of South Africa’s largest mining company, Anglo American, is a mark of progress for the country’s transformation. It has also resulted in the creation of two HDSA controlled platinum companies, as well as HDSA participation in Anglo’s coal business,” said Minister of Minerals and Energy Buyelwa Sonjica.

Cynthia Carroll, CEO of Anglo American, said, “I am delighted that we have been granted new order mining rights across our South African mining operations and I would like to thank all those, at the Department of Minerals and Energy and within Anglo American, who worked so hard to complete the necessary documentation in recent weeks. This significant achievement provides an ever stronger platform for our $5 billion of growth projects and 120,000 employees and contractors in South Africa and for the many black empowered businesses with which we are partnered.”.