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KUMBA IRON ORE LIMITED - Production Suspended At Sishen Mine

Release Date: 04/10/2012 14:09
Code(s): KIO     PDF:  
Wrap Text
Production Suspended At Sishen Mine

Kumba Iron Ore Limited
A member of the Anglo American plc group
(Incorporated in the Republic of South Africa)
(Registration number 2005/015852/06)
Share code: KIO
ISIN: ZAE000085346
("Kumba" or “the Company”)


PRODUCTION SUSPENDED AT SISHEN MINE

Kumba has announced that it has suspended production at the Company’s
Sishen Mine where approximately 300 striking employees are blocking
access to the pit. Production continued until last night from
material stockpiles.

The mine has obtained a court order declaring the strike illegal.
Efforts to try and engage the strikers are continuing and the Company
is supplying them with food and water.

The strike started on Wednesday, 3 October 2012 however, in the
absence of a formal engagement process their demands are still not
clear. The strike is being handled in line with the Company’s labour
relations procedure, with due consideration to the safety of the
majority of those workers who are not taking part in the illegal
action and who wish to return to work. The mine employs approximately
12,700 workers.

Kumba has sufficient production from its other mines and stockpiles
of finished product to continue supplying its customers for some time
and is in constant contact with its stakeholders to update them on
developments.

The Company will provide further updates as appropriate.

For further information, please contact:

Gert Schoeman
Manager Communication and Branding
gert.schoeman@angloamerican.com
+27 (0)12 683 7019
+27 (0)83 259 6843


Centurion
4 October 2012

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

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