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Anglo American Platinum update
ANGLO AMERICAN PLATINUM LIMITED
Incorporated in the Republic of South Africa
Registration number 1946/022452/06
Share code: AMS
ISIN: ZAE000013181
(“the Company”)
Anglo American Platinum update
Anglo American Platinum Limited (“Anglo American Platinum” or “the Company”) is providing
an update in respect of its Rustenburg, Union and Amandelbult operations, following the
initiation of the industrial action on Thursday 23 January 2014. All the Company’s Process
operations and Mogalakwena mine are operating normally.
Anglo American Platinum confirms the employee attendance rate at the affected operations
remains low at approximately 10%.
The Company confirms that as a result of the industrial action, total lost platinum production
amounts to approximately 4,000 ounces per day at the affected operations, resulting in
R100million of lost revenue per day at current market prices.
The situation on the ground remains calm with sporadic disregard for the picketing rules by
striking employees. The Company has noted with disappointment, and condemns the increase
in, incidences of violence and intimidation taking place around Rustenburg and surrounding
communities.
Anglo American Platinum is appealing to striking employees to respect the picketing rules by
utilising designated picketing areas. The Company will continue to work together with law
enforcement agencies to maintain peace and stability.
For further information, please contact:
Media:
Mpumi Sithole
Tel: +27 (0)11 373 6246
mpumi.sithole@angloamerican.com
Investors:
Emma Chapman
Tel (UK): +44 (0)20 7968 8451
Tel (SA): +27 (0)11 373 6239
emma.chapman@angloamerican.com
Notes to editors:
Anglo American Platinum Limited is a member of the Anglo American plc Group and is the
world’s leading primary producer of platinum group metals. The company is listed on the
Johannesburg Securities Exchange (JSE). Its mining, smelting and refining operations are
based in South Africa. Elsewhere in the world, the Group owns Unki Platinum Mine in
Zimbabwe and is actively exploring in Brazil. Anglo American Platinum has a number of joint
ventures with several historically disadvantaged South African consortia as part of its
commitment to the transformation of the mining industry. Anglo American Platinum is
committed to the highest standards of safety and continues to make meaningful and
sustainable difference in the development of the communities around its operations.
www.angloamericanplatinum.com
Anglo American is one of the world’s largest mining companies, is headquartered in the UK and
listed on the London and Johannesburg stock exchanges. Our portfolio of mining businesses
meets our customers’ changing needs and spans bulk commodities – iron ore and manganese,
metallurgical coal and thermal coal; base metals and minerals – copper, nickel, niobium and
phosphates; and precious metals and minerals – in which we are a global leader in both
platinum and diamonds. At Anglo American, we are committed to working together with our
stakeholders – our investors, our partners and our employees – to create sustainable value that
makes a real difference, while upholding the highest standards of safety and responsibility
across all our businesses and geographies. The company’s mining operations, pipeline of
growth projects and exploration activities span southern Africa, South America, Australia, North
America, Asia and Europe.
www.angloamerican.com
24 January 2014
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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