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ARI - African Rainbow Minerals Limited - Resolution of Modikwa Platinum Mine

Release Date: 10/04/2012 15:47
Code(s): ARI
Wrap Text

ARI - African Rainbow Minerals Limited - Resolution of Modikwa Platinum Mine strike African Rainbow Minerals Limited (Incorporated in the Republic of South Africa) (Registration number 1933/004580/06) JSE Share code: ARI ISIN: ZAE000054045 Resolution of Modikwa Platinum Mine strike African Rainbow Minerals Limited ("ARM") confirms that the wage dispute at the Modikwa Platinum Mine, which led to a three week protected strike, has been resolved. The Modikwa Platinum Mine signed a two year wage agreement with the National Union of Mineworkers ("NUM") on Tuesday, 10 April 2012. Striking employees are expected to return to work and resume production on Wednesday, 11 April 2012. ENDS For more information please contact: Jongisa Klaas Corporate Development and Head of Investor Relations Tel: +27 11 779 1507 Mobile: +27 82 562 5288 E-mail: jongisa.klaas@arm.co.za Corne Dippenaar Corporate Development Tel: +27 11 779 1478 Mobile: +27 83 380 6614 E-mail: corne.dippenaar@arm.co.za Johannesburg 10 April 2012 Issued by sponsor: Deutsche Securities (SA) (Proprietary) Limited Date: 10/04/2012 15:47:50 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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