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ANGLO AMERICAN PLAT LTD - Anglo American Platinum Update

Release Date: 20/09/2012 07:05
Code(s): AMS     PDF:  
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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”) is
providing an update in respect of its Rustenburg operations
following resumption of those operations on Tuesday 18 September
2012.

The increase in police visibility and action has created an
environment conducive for our employees to return to work and
isolated incidents of intimidation and violence are being dealt
with.

The safety and security of our employees is of paramount
importance to Anglo American Platinum and we continue to urge
employees to continue using formal and recognised engagement
structures in place to address any concerns.

Anglo American Platinum urged its employees to return to work by
no later than today. Given the authorities’ assessment that it is
safe to go to work, the company is now left with no alternative
but to declare those who have not returned to work to be
participating in illegal industrial action in violation of a court
order dated 12 September 2012 which declared the current actions
to be illegal.

In order to achieve full resumption of all the mining operations
as soon as possible, Anglo American Platinum has communicated to
its employees the requirement to return to work by night shift on
Thursday 20 September 2012, failing which legal avenues will be
pursued. Anglo American Platinum’s Rustenburg mining operations
are already under considerable economic pressure, any further
delays in returning to work will only increase the risk to the
long-term viability of these mines.

We continue to monitor the situation closely and will provide
further information as appropriate.


For further information, please contact:

Media:
Mpumi Sithole
Tel: +27 (0)14 591 1792
mpumi.sithole@angloamerican.com

Investors:
Kgapu Mphahlele
+27 (0) 11 373 6239
kgapu.mphahlele@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. Anglo American’s portfolio of mining businesses
spans bulk commodities – iron ore and manganese, metallurgical
coal and thermal coal; base metals – copper and nickel; and
precious metals and minerals – in which it is a global leader in
both platinum and diamonds. Anglo American is committed to the
highest standards of safety and responsibility across all its
businesses and geographies and to making a sustainable difference
in the development of the communities around its operations. The
company’s mining operations, extensive pipeline of growth projects
and exploration activities span Southern Africa, South America,
Australia, North America, Asia and Europe. www.angloamerican.com




Johannesburg
20 September 2012

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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