ATLATSA RESOURCES CORPORATION - Bokoni Platinum Mine Concludes Wage Agreement

Bokoni Platinum Mine Concludes Wage Agreement

Atlatsa Resources Corporation
(previously Anooraq Resources Corporation)
(Incorporated in British Columbia, Canada)
(Registration number 10022-2033)
(TSXV/JSE share code: ATL)
(NYSE MKT share code: ATL)
(“Atlatsa” or the “Company”)
(ISIN: CA0494771029)
                                    
BOKONI PLATINUM MINE CONCLUDES WAGE AGREEMENT

Atlatsa is pleased to advise that its operating subsidiary, Bokoni Platinum Mines Pty Ltd (“Bokoni Mine”) has reached a wage agreement with NUM, TAWUSA and UASA, the recognised trade unions at its mine operations.

The wage agreement:

-provides for an average increase which exceeds the increase in the South African cost of living as measured by the inflation rate (CPI-X);
-will be implemented retrospectively with effect from 1 July 2013; and
-will remain in place for one year.

Bokoni Mine currently employs approximately 3,500 permanent employees.

This wage agreement represents a positive step forward for Bokoni Mine and its workforce, and contributes to the creation of a sustainable future for the mine and its stakeholders.


The platinum sector has, in recent times, experienced challenging conditions and we would like to thank our workforce and its leadership for their positive and pragmatic approach to the wage negotiations.


Johannesburg
19 December 2013

JSE Sponsor
Macquarie First South Capital Proprietary Limited

For further information:

On behalf of Atlatsa Resources                                   Russell and Associates                 Macquarie First South Capital

Joel Kesler, Chief Commercial Officer                            Pam Wolstenholme                       Annerie Britz

Office: +27 11 779 6800                                          Office: +27 11 880 3924                Office: +27 11 583 2000

Mobile: +27 82 454 5556                                          Mobile: +27 82 872 6387


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