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Operational guidance update and Anglo American Investor Day
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 operational guidance update and Anglo American Investor Day
Anglo American Platinum refers shareholders to the Anglo American plc briefing for investors and
analysts which includes updated production guidance for the next three financial years.
Anglo American Platinum’s production guidance will change from 1 January 2019 as Sibanye PGM
material will no longer be purchased as concentrate but toll treated, with the refined metal returned to
Sibanye. As a result, production (metal in concentrate) will be lower than 2018.
Platinum production (M&C):
2018F: 2.45 - 2.5 Moz
2019F: 2.0 - 2.2 Moz
2020F: 2.0 - 2.2 Moz
2021F: 2.0 - 2.2 Moz
Palladium production (M&C):
2018F: 1.5 -1.6 Moz
2019F: 1.3 -1.4 Moz
2020F: 1.3 -1.4 Moz
2021F: 1.3 -1.4 Moz
In conjunction, Anglo American Platinum has updated cost guidance as follows:
Unit cost per produced platinum ounce (M&C):
2018F: R19,600 – R20,200 (Anglo guidance: ~$1,550)
2019F: R20,800 – R21,400 (Anglo guidance: <$1,600)
The presentation will start at 12:00 UK time / 14:00 SA time and is available on the Anglo American plc
website at https://www.angloamerican.com/investors/investor-presentations/2018.
This announcement contains forward-looking statements which are based on the Company’s current
beliefs and expectations about future events. The operational and financial forecasts provided in this
announcement are estimates and have not been reviewed and reported on by the Company’s external
auditors.
Johannesburg, South Africa
11 December 2018
Sponsor
Merrill Lynch South Africa Proprietary Limited
For further information, please contact:
Investors: Media:
Emma Chapman Mpumi Sithole
(SA) +27 (0) 11 373 6239 (SA) +27 (0) 11 373 6246
emma.chapman@angloamerican.com mpumi.sithole@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. 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 a meaningful and sustainable difference in
the development of the communities around its operations.
www.angloamericanplatinum.com
Anglo American is a global diversified mining business and our products are the essential ingredients
in almost every aspect of modern life. Our portfolio of world-class competitive mining operations and
undeveloped resources provides the metals and minerals to meet the growing consumer-driven
demands of the world’s developed and maturing economies. With our people at the heart of our
business, we use innovative practices and the latest technologies to discover new resources and mine,
process, move and market our products to our customers around the world.
As a responsible miner – of diamonds (through De Beers), copper, platinum and other precious metals,
iron ore, coal and nickel – we are the custodians of what are precious natural resources. We work
together with our key partners and stakeholders to unlock the sustainable value that those resources
represent for our shareholders, the communities and countries in which we operate and for society at
large. Anglo American is re-imagining mining to improve people’s lives.
www.angloamerican.com
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