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ANGLO AMERICAN PLAT LTD - Anglo American Platinum update

Release Date: 20/09/2012 13:32
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
(“Anglo American Platinum” or "the company”)

Anglo American Platinum update

Anglo American Platinum is providing an update in respect of its
Rustenburg operations following resumption of those operations on
Tuesday 18 September 2012.

As announced on Wednesday 19 September 2012, the current
industrial action is illegal and Anglo American Platinum has given
notice to its employees that they are required to return to work
by today’s night shift.

All the company’s Rustenburg Process Operations and the Bathopele
mine have resumed full production. The company continues to be
disappointed with the low turnout rate at four of its Rustenburg
mines which are currently reporting less than 20% attendance.

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. As already stated, our employees have until night shift
today, 20 September 2012, to return to work failing which legal
avenues will be pursued.

Anglo American Platinum’s Rustenburg mining operations are already
under considerable economic pressure and this illegal industrial
action is making these operations even less viable.
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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