Local business development
As a global business, Anglo American thinks big. But when it comes to local businesses, we can also think small, enabling us to use neighbouring enterprises as suppliers whenever possible, and also providing them with mentoring and support. The objectives: sustainable growth and prosperity on regional and national levels.
The Kriel model farm is one of the small business initiatives at Kriel colliery.
This is nothing new and is consistent with one of our founding principles: to make profits for our shareholders, but to do so in such a way as to make a real and lasting contribution to the communities in which we operate.
We started our first development initiatives for small-medium size companies some 20 years ago. Decades of experience have made us better at it.
Consequently, our mining operations' contributions to local and national supply chains constitute what is probably the greatest single benefit of our presence in host communities. In 2008 Anglo American paid out $13,204 million to suppliers. This represents the best opportunity for host communities to share in the benefits of mining.
