Anglo American PLC, is the London listed mining giant, that is the majority shareholder in the diamond producer De Beers.
It is based in South Africa, and produces gold, platinum, diamonds, coal, base and ferrous metals, industrial minerals to timber and coal.
Paying 5.7% yield, it is an incredible payment to shareholders.
Interesting to see that the giant money manager BlackRock owns over 5%.
in 2014 its outstanding debt was £12,871 million (£12.8 billion).
At first glance, this seems high, but then one has to consider its revenues.
Total revenues of £30,988m (£30.9 billion), so with such huge cash flow, servicing debt on £12.8 billion is not that difficult.
A massive company with a diversified portfolio of raw materials.