Anglo American update re. Anglo American Platinum
01 October, 2012
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 to its Rustenburg operations, following the resumption of those operations on Tuesday 18 September 2012.
Anglo American Platinum is aware of increased tensions in the Rustenburg area over the weekend and is continuing to engage with the authorities with regard to providing an increased level of security in the affected areas, in order to provide further support for many of its striking employees who want to return to work.
The employee attendance rate at the company’s Rustenburg mining operations remains below 20%, notwithstanding the great lengths to which the company has gone to encourage striking employees back to work. As previously stated, disciplinary action commenced on 27 September. Employees who are on strike have been informed that they must present themselves at disciplinary hearings, which will take place tomorrow, Tuesday 2 October, to make representations as to their non-attendance to avoid dismissal. The company will also be left with no alternative but to dismiss, in their absence, all employees who do not present themselves.
Further updates will be provided as appropriate.