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Anglo American Platinum announces suspension of Rustenburg operations to protect safety of its employees
ANGLO AMERICAN PLATINUM LIMITED
Incorporated in the Republic of South Africa
Registration number 1946/022452/06
Share code: AMS
ISIN: ZAE000013181
ANGLO AMERICAN PLATINUM ANNOUNCES SUSPENSION OF RUSTENBURG
OPERATIONS TO PROTECT SAFETY OF ITS EMPLOYEES
Anglo American Platinum Limited (“Anglo American Platinum”)
announces the suspension of its Rustenburg platinum operations in
order to protect the safety and security of its employees from
outside intimidation.
Explaining the decision, Chris Griffith, CEO of Anglo American
Platinum, said “Our employees are not on strike. However, in light
of the current volatile situation in the Rustenburg area, where
our employees, who want to go to work, are being prevented from
doing so and are being intimidated by the threat of violence,
Anglo American Platinum has decided to suspend its operations in
the Rustenburg area with immediate effect. The suspension will
continue until such time as operations can be safely resumed.”
Cynthia Carroll, Chairman of Anglo American Platinum, said: “We
have taken this decision to suspend our operations in order to
help ensure the safety of our employees – our absolute priority.
Our people want to work and it is unacceptable that they are not
able to go to work safely and instead are facing considerable
intimidation. We are in touch with the authorities at the highest
level to identify how we can work together with our tripartite
partners - government and the recognised labour unions - to
achieve a swift and peaceful resolution to these illegal actions.”
Our objective is to safely return to production as soon as
possible. Our Rustenburg operations are already under considerable
economic pressure and the longer it is necessary to continue this
suspension, the greater the risk to their long-term viability.
Johannesburg
12 September 2012
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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