Cerro Matoso Litigation Update

RNS Number : 6821K

South32 Limited

12 April 2018

 

12^th April 2018

South32 Limited

(Incorporated in Australia under the Corporations Act 2001)

(ACN 093 732 597)

ASX / LSE / JSE Share Code: S32
ISIN: AU000000S320

south32.net

South32 Limited

CERRO MATOSO LITIGATION UPDATE

South32 Limited (ASX, LSE, JSE: S32; ADR: SOUHY) (South32) advises that on 9 April 2018 our Cerro Matoso operation accepted notification of the decision handed down by the Constitutional Court of Colombia in relation to alleged health and environmental impacts on the community surrounding our Cerro Matoso operation. We are in the process of appealing the decision.

At this stage it is not possible to fully assess any potential financial or operational impacts, as the decision orders various compensatory and remedial activities which are not yet quantifiable.  Our work is continuing to understand the impact of the decision and we will advise of any material developments.

South32 is committed to contributing positively to the communities where we operate and is proud of the work we do to support social and economic growth within the local community surrounding Cerro Matoso.

About South32

South32 is a globally diversified mining and metals company with high quality operations in Australia, Southern Africa and South America. Our purpose is to make a difference by developing natural resources, improving people's lives now and for generations to come. We are trusted by our owners and partners to realise the potential of their resources. We have a simple strategy to maximise the potential of our assets and shareholder returns by optimising our existing operations, unlocking their potential and identifying new opportunities to compete for capital.

Further information 

INVESTOR RELATIONS
Alex Volante
T M E	[phone] [phone] [e-mail]
MEDIA RELATIONS
Diana Wearing Smith			James Clothier
T M E	[phone] [phone] [e-mail]		T M E	[phone] [phone] [e-mail]

JSE Sponsor: UBS South Africa (Pty) Ltd
12^th April 2018

 

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