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ANGLO AMERICAN PLATINUM LIMITED - Anglo American Platinum and GIWUSA settle unprotected strike at Mototolo Mine

Release Date: 30/05/2019 08:45
Code(s): AMS     PDF:  
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Anglo American Platinum and GIWUSA settle unprotected strike at Mototolo Mine

ANGLO AMERICAN PLATINUM LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1946/022452/06)
Share Code: AMS
ISIN: ZAE000013181
(“The Company" or "Anglo American Platinum")

Anglo American Platinum and GIWUSA settle unprotected strike at Mototolo Mine

Anglo American Platinum is pleased to report that the unprotected strike that led to the dismissal of 643
employees at Mototolo Mine has been resolved, following ongoing engagements with the General Industrial
Workers Union (GIWUSA) over the past three weeks.

In terms of the collective agreement signed by the parties on Wednesday, 29 May 2019, all dismissed
employees will be reinstated at Mototolo Mine and will report for duty by Friday, 31 May 2019.

In terms of the agreement, the union has accepted that the proposed medical aid meets the requirement of
the Section 197 transfer. While the no work, no pay principle will be applied for the duration of the strike, the
agreement also makes provision for employees to earn back their lost income within the next four months
through working additional shifts and to make up for lost production.

Anglo American Platinum CEO Chris Griffith commented: “We are pleased that we have been able to reach
a mutually acceptable outcome through negotiations. Our priority is now to safely restore the mine to full
production as quickly as it is practical to do so.”

Johannesburg, South Africa
30 May 2019

Sponsor
Merrill Lynch South Africa Proprietary Limited


For further information, please contact:


Investors:                                         Media:
Emma Chapman                                       Jana Marais
(SA) +27 (0) 11 373 6239                           (SA) +27 (0)79 932 1586
emma.chapman@angloamerican.com                     jana.marais@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 leading global mining company 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 that enable a cleaner, more electrified world and that meet the
fast 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 – safely,
responsibly and sustainably.

As a responsible miner – of diamonds (through De Beers), copper, platinum group metals, iron ore, coal and
nickel – we are the custodians of what are precious natural resources. We work together with our business
partners and diverse stakeholders to unlock the sustainable value that those resources represent for our
shareholders, the communities and countries in which we operate, and for society as a whole. Anglo
American is re-imagining mining to improve people’s lives.

www.angloamerican.com

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