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Anglo American Platinum update on lost production
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 on lost production
Anglo American Platinum confirms that operations at its
Rustenburg, Union and Amandelbult mines have started safely and
production ramp up is progressing according to plan. Due to the
planned ramp up process the operations have not yet reached the
pre-strike production levels and the Company continues to lose
production. Production is now above 80% of steady state level.
Since 16 November, when employees accepted the terms of the
Company’s offer and returned to work, the Company has lost a
further 40,000 ounces of platinum production from own mines.
Anglo American Platinum confirms that, as a result of the initial
safety suspension and the illegal strike action, which ended on 15
November 2012, the total losses from the strike and during the on-
going ramp up period are 235 000 ounces of platinum production
from own mines, of which 195 000 ounces were lost as a result of
the initial safety suspension and illegal strike action.
Chris Griffith, CEO of Anglo American Platinum, said: “We are
pleased that our employees are back at work and that the safe
start-up programme was conducted successfully and ramp-up is
progressing according to plan.”
For further information, please contact:
Media:
Mpumi Sithole
Tel: +27 (0)14 591 3741
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
14 December 2012
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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