Pearl Necklace

Thursday, August 3, 2017


Mining holding company Anglo American and diamond mining company De Beers, being a part of this group, published their activity reports for 2008. The global economic crisis began to affect the activities of the largest mining companies, including Anglo American. In 2008, its total revenue decreased by 7.6% (Tables 1 and 2). However, if you take into account that she got rid of two activities - gold mining and paper production and packaging materials, which together accounted for more than $ 5 billion, then without taking them into account, the gain would increase by 7.9%. This is natural, since before the beginning of August 2008, when the prices of mineral raw materials and oil reached the zenith, all the economic indicators of the world mining companies were growing. And thus, Even a sharp decline in prices and demand for mineral raw materials due to the global financial crisis in the fourth quarter of the year could not seriously affect the economic results. However, already in 2009 the picture can dramatically change for the worse.

http://rough-polished.com/ru/analytics/22896.html

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