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Directors’ training

Anglo American’s directors have a wide range of expertise as well as significant experience in strategic, financial, commercial and mining activities. Training and briefings are also available to all directors on appointment and subsequently, as necessary, taking into account existing qualifications and experience. Directors also have access to management, and to the advice of the company secretary. Furthermore, all directors are entitled to seek independent professional advice concerning the affairs of Anglo American at its expense, although no such advice was sought during 2008.

Presentations are made to the Board by business management on the activities of operations. Directors undertake regular visits to operations and projects and, in 2008, operations in Australia, Botswana, Brazil, Chile, China, Germany, Peru, Philippines, South Africa, Venezuela and the US were visited. In addition, during the year, directors attended courses/seminars on corporate governance, the credit crunch/recession, remuneration, and pensions management.