Chapter 593: Tang's Anglo-American Group
In late October, the southern hemisphere, especially around 19 degrees south latitude, can already be called a hot summer, but in Arica, it is still very cool.
Today's weather is exceptionally good, the fog that has been permeating the past three days suddenly disappears on this day, and the long-lost sun sends a warm glow, bathing the whole city in the gift of sunshine.
More than a dozen people are gathered in a single villa at the Pan Am Hotel on the southwest coast of Arica, making the otherwise spacious villa lobby a little cramped.
"Ladies and gentlemen, we are gathered here today to talk to you about the real integration of Anglo American and Tang's Mining." Tang Feng said with a serious face. He didn't sit down, but stood in the middle of the hall, where the others, including Sam, sat on the couch and looked at the young boss who was a little overdone.
"I won't introduce all of you here, but I'm sure you've all met each other, so I won't waste any time. The first thing I would like to say now is about the name of the new group. As you all know, although Tang's Mining is not well-known, it has actually ranked among the world's first-class mining companies in terms of capital and strength, and it is no exaggeration to say that before the acquisition of Anglo American, Tang's Mining's strength has far exceeded Anglo American Group many times. ”
Tang Feng looked at the thirteen senior managers present and said: "As the largest shareholder of Tang Mining and the largest shareholder of Anglo American Group, I now announce the merger of Tang Mining Group, headquartered in the Cayman Islands, with Anglo American Group, and the merged group company will be renamed Tang Anglo American Group, with the headquarters still in the Cayman Islands, London, England and Beaumont in the United States as branch offices. The branch building in Beaumont will be officially opened by the end of next year. ”
As soon as Tang Feng's words fell, there was a burst of applause in the room.
The establishment of the Down's Anglo-American Group. The merger of Tang's Mining and Anglo American finally entered a normal formality. It has been three months since Tang acquired Anglo American, but within these three months, Tang has basically made no major moves, just maintaining the basic operations of Anglo American. But today, Tang Feng finally made a bold move to merge the two mining groups, which means that the two mining groups will be truly integrated from now on.
Now the whole world is engaged in mining. They are very envious of Tang's Mining's excellent assets, no matter which mining company, this is the case.
Beaumont Oilfield, known as the world's lowest cost of extraction of giant oilfields, among all the world's 329 giant fields and 42 mega fields, the Beaumont Oilfield has the lowest comprehensive cost of production, even lower than those in the Middle East.
The Gravina Precious Metals Mine is also the world's lowest-cost precious metal mine, although the reserves of that precious metal mine are not the largest in the world. But with the discovery of new veins in the western foothills of the Bosvich Mountains, Gravina Precious Metals reserves are already among the top three in the world.
The St. Lawrence Copper Mine, formerly the world's largest copper mine, is also the highest average grade copper mine currently in production, and most importantly, the mining cost of this copper mine is surprisingly low, although only a small part of the copper ore is now mined. But the cost of mining has fallen to less than 45 cents per pound of copper, which is arguably the lowest in the world.
In the vicinity of the St. Lawrence Copper Mine. Tang's Mining also has an emerald mine with impressive reserves, but also excellent quality.
And outsiders don't know that these executives here have already received definite news that in Arica, Chile, a copper mine with reserves of up to 70 million tons and currently ranking first in the world has been discovered by Tang Mining, and the latest news has been obtained. It is also very likely that this super copper mine is also accompanied by a super precious metal mine, so this newly discovered Arica copper-gold mine is definitely a big piece of fat that all mine owners in the world covet.
As for the Mutong iron ore mine in Bolivia, although the company's big boss personally owns only 5% of the shares, what is the situation with the Mutong iron ore mine? All of you here are clear.
These mines alone are enough to push the true value of Tang's Mining past the $300 billion mark, which, of course, refers to the real profitability of developing these excellent mines after deducting the costs. If the total value of these mines were to be combined, the assets of Tang's Mining would be well over $300 billion! You know, the newly discovered Arica copper-gold mine alone is worth more than $400 billion!
Who wouldn't want to go to such a mining company? And what kind of mining professional is not willing to work in such a company?
Including the four former Anglo American executives, everyone has this idea in their hearts.
Now, with the true merger of Down's Mining and Anglo American, their wish has finally come true.
Tang Feng pressed his hands weakly, and the applause of the twelve people in the room suddenly stopped, and the corners of Tang Feng's mouth turned up slightly and said: "Since the two mining companies have been merged, then I will talk about the arrangements for your positions for everyone here." ”
"The first thing I want to announce is the CEO of Down's Anglo American, and that's our Sam. Mr. Mendez. ”
Sam stood up with a smile in the warm applause, and waved his hand at these people, these people will be his generals in the future, and Sam will have to sell well at this time.
After Sam sat down, Tang said, "Mr. Mendes is not only the CEO of Tang's Anglo-American Group, but he himself is the largest shareholder in the group after me. Of course, if Mr. Mendes wants to do his job well, he can't do without your support, so I hope that everyone here can support Mr. Mendez's work well and turn the whole group into a precise and harmonious machine! I'm sure you'll be able to do that. ”
The applause rang out again, and after the applause stopped, Tang Feng continued: "Next, I announce that the president of the Tang Anglo-American Group will be headed by Christin. Mr. Albert as! ”
"Mr. Albert is one of the first executives to join our Tang Mining, and for more than a year, Mr. Albert has done a very good job and cooperated well with Mr. Mendes's daily management, so when the new group is established, I will hand over the power of the president of the group to Mr. Albert to control!" (To be continued.) )