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AGL - Anglo American plc - Anglo American: update on operations in Chile
Anglo American plc
Incorporated in the United Kingdom
(Registration number: 3564138)
Short name: Anglo
Share code: AGL
ISIN number: GB00B1XZS820
("Anglo American plc" or "the company")
Anglo American: update on operations in Chile
Anglo American today provides an update on its operations following the massive
earthquake which struck Chile on Saturday. Due to the interruption of power
supply, production was affected at four of Anglo American`s copper operations in
Chile - the Los Bronces, El Soldado and Mantoverde mines and the Chagres copper
smelter.
Power was partially restored to the operations during Saturday night and
following detailed inspections production began to ramp up on Sunday. The
affected mine operations produced 341,300 tonnes of copper in 2009, as part of
Anglo American`s total copper output of 669,800 tonnes for the year. Chagres
smelter production in 2009 was 137,700 tonnes of anodes.
Anglo American`s Mantos Blancos mine and the jointly owned Collahuasi mine were
unaffected by the earthquake.
In addition, three Scaw Metals facilities located in Chile have also been
affected with limited damage at two sites. A detailed evaluation is underway at
our Concepcion site which has been more severely damaged. These operations are
part of Anglo American`s Other Mining and Industrial Business Unit.
Anglo American continues to review the situation and is working with its teams
on the ground to return to full and safe production as soon as it is able to do
so and will provide more information on the situation as it becomes available.
Cynthia Carroll, Anglo American CEO said: "Our teams on the ground are focussed
on ensuring the safety of our colleagues as our number one priority. Preliminary
information indicates that no Anglo American employees and contractors were
injured in the earthquake. We are targeting an efficient resumption of full
production as the situation allows. Anglo American is also reviewing how best to
support the government and people of Chile at this time of need. "
For further information:
United Kingdom
Pranill Ramchander, Media Relations
Tel: +27 82 452 5669
Caroline Metcalfe, Investor Relations
Tel: +44 (0)20 7968 2192
Leisha Wemyss, Investor Relations
Tel : +44 (0)20 7968 8607
South Africa
Anna Poulter, Investor Relations
Tel: +27 (0)11 638 2079
Chile
Marcelo Esquivel
Tel: +56 2 230-6584
Notes to Editors:
Anglo American plc is one of the world`s largest mining groups. With its
subsidiaries, joint ventures and associates, it is a global leader in platinum
group metals and diamonds, with significant interests in copper, iron ore,
metallurgical coal, nickel and thermal coal, as well as a divestment portfolio
of other mining and industrial businesses. The Group is geographically diverse,
with operations in Africa, Europe, South and North America, Australia and Asia.
2008-2009 Copper production: affected operations
2009
Los Bronces
238,400
El Soldado
41,400
Mantoverde
61,500
Total - affected mines
341,300
Total Anglo American Copper
production 669,800
www.angloamerican.co.uk
1 March 2010
Sponsor: UBS South Africa (Pty) Ltd
Date: 01/03/2010 15:50:34 Supplied by www.sharenet.co.za
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