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ANGLO AMERICAN PLAT LTD - Anglo American Platinum update

Release Date: 21/09/2012 16:38
Code(s): AMS     PDF:  
Wrap Text
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 update

Anglo American Platinum Limited (“Anglo American Platinum” or “the
company”) 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, the current industrial
action is illegal and Anglo American Platinum has given notice to
its employees that they are required to return to work. The
company continues to be disappointed with the low turnout rate at
its Rustenburg mines which are currently reporting less than 20%
attendance. The company continues to urge employees to return to
work and requires that they do so by no later than the night shift
on Monday 24 September failing which legal avenues will be
pursued.

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.

Anglo American Platinum’s Rustenburg mining operations are already
under considerable economic pressure.

We continue to monitor the situation closely and will provide
further information once attendance rates are available on 25
September.


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
21 September 2012

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

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