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ANGLO AMERICAN PLAT LTD - Anglo American Platinum Update

Release Date: 01/10/2012 17:32
Code(s): AMS     PDF:  
Wrap Text
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 to its
Rustenburg operations, following the resumption of those operations on Tuesday 18 September 2012.
Anglo American Platinum is aware of increased tensions in the
Rustenburg area over the weekend and is continuing to engage with
the authorities with regard to providing an increased level of
security in the affected areas, in order to provide further
support for many of its striking employees who want to return to work.
The employee attendance rate at the company's Rustenburg mining
operations remains below 20%, notwithstanding the great lengths to
which the company has gone to encourage striking employees back to
work. As previously stated, disciplinary action commenced on 27
September. Employees who are on strike have been informed that
they must present themselves at disciplinary hearings, which will
take place tomorrow, Tuesday 2 October, to make representations as
to their non-attendance to avoid dismissal. The company will also
be left with no alternative but to dismiss, in their absence, all employees who do not present themselves. Further updates will be provided 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 1 October 2012 Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 01/10/2012 05:32:00 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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