AngloGold Ashanti New Order Mining Rights
02 August, 2005
Anglo American plc wishes to draw shareholder's attention to the announcement made today by AngloGold Ashanti
Anglo American plc wishes to draw shareholders' attention to the announcement made today by AngloGold Ashanti and welcomes the granting of new order mining rights over AngloGold Ashanti's operating assets in South Africa by the Department of Minerals and Energy (DME).
Lazarus Zim, Chief Executive of Anglo American South Africa said: “The granting of these mineral rights represents real progress in terms of the South African government's desire to achieve certainty for all stakeholders and demonstrates its commitment to broaden the participation by all of South Africa's people in the mainstream of our country's economic life.”
Tony Trahar, Chief Executive of Anglo American plc said: “This represents a significant step forward for Anglo American in terms of our progress towards converting old order mineral rights to new order mining rights. We are greatly encouraged by this positive outcome which reflects the open and constructive dialogue between Anglo American's mining businesses and the South African government.”