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Anglo American update re. Anglo American Platinum
Anglo American plc
Incorporated in the United Kingdom
(Registration number: 3564138)
Short name: Anglo
Share code: AGL
ISIN number: GB00B1XZS820
(the "Company")
23 January 2014
Anglo American update re. Anglo American Platinum
Anglo American plc draws attention to an announcement issued by Anglo American Platinum
Limited, the text of which is set out below:
Anglo American Platinum calls for constructive engagement with AMCU
Anglo American Platinum Limited (“Anglo American Platinum” or the “Company”) confirms that
the Association of Construction and Mineworkers Union (AMCU) affiliated employees have
commenced industrial action at the Rustenburg, Union and Amandelbult operations following
the notification of such action served on the Company on Monday 20 January 2014.
The Company has recorded low attendance at its Rustenburg, Union and Amandelbult mines
following the initiation of industrial action this morning and expects production to be impacted
by the strike action. All the Company’s Process operations and Mogalakwena mine are
operating normally. Safe shutdown procedures have been implemented throughout all
impacted operations.
Anglo American Platinum confirms that the strike is legal only for AMCU affiliated employees
and not for NUM, NUMSA and UASA members. The Company has ensured through the
CCMA that AMCU is aware of the picketing rules and that its members must utilise designated
picketing areas.
The no-work no-pay principle will apply to all employees who are absent from work. Anglo
American Platinum encourages its striking employees to respect their fellow colleagues’ right to
report to work and encourages peace and stability during the strike.
Chris Griffith, CEO of Anglo American Platinum said, “We are adamant that we will continue to
engage with AMCU and have accepted the offer by the Deputy President for a government
facilitated mediation process in order to find a resolution. Striking is not a constructive solution if
we are to return the Company to a sustainable financial footing and secure existing jobs.”
The Company will work together with law enforcement agencies to help maintain peace and
stability during the strike. Additional safety and security measures have been employed in and
around operations.
Further updates will be provided as appropriate.
Sponsor: UBS South Africa (Pty) Ltd
Notes to editors:
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. Our portfolio of mining businesses
meets our customers’ changing needs and spans bulk commodities – iron ore and manganese,
metallurgical coal and thermal coal; base metals and minerals – copper, nickel, niobium and
phosphates; and precious metals and minerals – in which we are a global leader in both
platinum and diamonds. At Anglo American, we are committed to working together with our
stakeholders – our investors, our partners and our employees – to create sustainable value that
makes a real difference, while upholding the highest standards of safety and responsibility
across all our businesses and geographies. The company’s mining operations, pipeline of
growth projects and exploration activities span southern Africa, South America, Australia, North
America, Asia and Europe.
www.angloamerican.com
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