https://newsletter.mw.creamermedia.com
Africa|Botswana|Mining|Operations
Africa|Botswana|Mining|Operations
africa|botswana|mining|operations

Anglo paid $23.5bn in taxes, economic contributions in 2023

27th June 2024

By: Darren Parker

Creamer Media Senior Contributing Editor Online

     

Font size: - +

Diversified mining major Anglo American paid about $23.5-billion in total tax and economic contributions throughout its global operations during 2023, a decrease from about $24.5-billion in 2022.

Payments in countries such as Brazil, Australia and the UK increased, while payments in South African fell the most among the countries in which Anglo operates. Payments to South Africa fell from about $9-billion in 2022 to about $7.5-billion in 2023.

The company revealed these figures in a report on payments to governments made by the company and its subsidiary undertakings for the year ended December 31, 2023, released on June 27.

In terms of taxes and royalties borne, South Africa saw a decrease from about $1.6-billion in 2022 to $831-million in 2023, while Australia went up from $774-million to about $1-billion.

Peru saw a large jump from $9-million to $223-million, with Zimbabwe also enjoying a large bump, going from $35-million in 2022 to $95-million in 2023.

The report also showed an increase in employment figures year-on-year, from 58 600 to 59 900, with increases in Australia, Botswana, Canada, Namibia and Peru being most notable.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Avlock International
Avlock International

Avlock International is a leading manufacturer and distributor of Specialized Fastening Systems.

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (15/11/2024)
15th November 2024 By: Martin Creamer
Magazine round up | 15 November 2024
Magazine round up | 15 November 2024
15th November 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:1.207 1.305s - 150pq - 2rq
Subscribe Now