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Bokoni Labour Unrest - Update
Atlatsa Resources Corporation
(previously Anooraq Resources Corporation)
(Incorporated in British Columbia, Canada)
(Registration number 10022-2033)
TSXV/JSE share code: ATL
NYSE AMEX share code: ATL
ISIN: CA0494771029
(”Atlatsa” or the “Company”)
BOKONI LABOUR UNREST - UPDATE
Atlatsa confirms that the process of appeal hearings from NUM and
TAWUSA on behalf of their members who were dismissed at Bokoni Platinum Mines (“Bokoni”) on 6
October 2012 were concluded yesterday, Thursday 11 October 2012. NUM and TAWUSA are the
recognised unions at Bokoni.
All the appeals, a number of which were based on pleas in mitigation, were upheld. The affected
employees were issued with final written warnings relating to their continued employment at Bokoni,
conditional upon their return to work on Monday 15 October 2012.
In a further development, a number of the dismissed employees have been involved in unlawful actions
on mine property subsequent to their dismissal. The Company has obtained a further interdict against
these individuals who are now prohibited from committing any unlawful acts on mine property, including
inciting violence or intimidating employees at Bokoni. Employees who are found to have committed acts
of misconduct during the period of unlawful industrial action may be subject to further disciplinary action
in due course.
The existing wage agreement concluded in 2011 with NUM and TAWUSA has not been amended and
remains in place up until July, 2013.
Johannesburg
12 October 2012
JSE Sponsor
Macquarie First South Capital (Pty) Limited
For further information:
On behalf of Atlatsa Resources Russell and Associates Macquarie First South Capital
Joel Kesler, Chief Commercial Officer Charmane Russell Annerie Britz / Yvette Labuschagne
Office: +27 11 779 6800 Office: +27 11 880 3924 Office: +27 11 583 2000
Mobile: +27 82 454 5556 Mobile: +27 82 3725816
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