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 American Platinum has given notice to its employees that they are required to return to work by today’s night shift.

All the company’s Rustenburg Process Operations and the Bathopele mine have resumed full production. The company continues to be disappointed with the low turnout rate at four of its Rustenburg mines which are currently reporting less than 20% attendance. 

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. As already stated, our employees have until night shift today, 20 September 2012, to return to work failing which legal avenues will be pursued. 

Anglo American Platinum’s Rustenburg mining operations are already under considerable economic pressure and this illegal industrial action is making these operations even less viable.

We continue to monitor the situation closely and will provide further information as appropriate.

For further information, please contact:

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. 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.
www.angloamerican.com