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21 September 2012 |
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Anglo American update re. Anglo American Platinum |
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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 update
Anglo American Platinum Limited ("Anglo American Platinum") is providing an update in respect of its Rustenburg operations following resumption of those operations on Tuesday 18 September 2012.
As announced on Wednesday 19 September, the current industrial action is illegal and Anglo American Platinum has given notice to its employees that they are required to return to work. The company continues to be disappointed with the low turnout rate at its Rustenburg mines which are currently reporting less than 20% attendance. The company continues to urge employees to return to work and requires that they do so by no later than the night shift on Monday 24 September failing which legal avenues will be pursued.
The increase in police visibility and action has created an environment conducive for our employees to return to work and isolated incidents of intimidation and violence are being dealt with.
Anglo American Platinum's Rustenburg mining operations are already under considerable economic pressure. We continue to monitor the situation closely and will provide further information once attendance rates are available on 25 September.
For further information, please contact:
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Investors |
UK James Wyatt-Tilby Tel: +44 (0)20 7968 8759 |
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UK Leng Lau Tel: +44 (0)20 7968 8540
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South Africa Tel: +27 (0)14 591 3741
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Caroline Crampton Tel: +44 (0)20 7968 2192 |
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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.