Press Release Archive - 2013

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. Our portfolio of mining businesses meets our customers’ changing needs and spans bulk commodities – iron ore and manganese, metallurgical coal and thermal coal; base metals and minerals – copper, nickel, niobium and phosphates; and precious metals and minerals – in which we are a global leader in both platinum and diamonds. At Anglo American, we are committed to working together with our stakeholders – our investors, our partners and our employees – to create sustainable value that makes a real difference, while upholding the highest standards of safety and responsibility across all our businesses and geographies. The company’s mining operations, pipeline of growth projects and exploration activities span southern Africa, South America, Australia, North America, Asia and Europe.
www.angloamerican.com

Zamin Ferrous is a private international mining group that has been operating in Brazil since 2005 and owns three significant assets with a combined 1,500 Mt potential resource in Brazil as well as the 2,500 Mt Valentines Project in Uruguay. Zamin owns the Zamapa iron ore processing facility in Amapa state with a total of 200 employees. It also owns 50% of the Susa iron project, which is located in the state of Rio Grande Norte and the Greystone project, a large iron ore deposit in the south east of Bahia State. Shipments from Susa and Zamapa began in 2011 and on-going exploration at Greystone has proven a 284 Mt resource, with a potential resource of 700 Mt. Zamin sold its Bamin project in the State of Bahia to ENRC for total compensation of $1 billion paid in 2008 and 2010.

Amapá is a supplier of seaborne iron ore based in the state of Amapá in northern Brazil. Until the incident which destroyed the port infrastructure in March 2013, iron ore was exported through the port of Santana. In relation to the port incident, Amapá will be making a claim under its insurance policies which have a cap of R$360 million (approximately $170 million). Prior to Anglo American's agreement to acquire Cliffs’ 30% interest in Amapá (which remains subject to regulatory approval) Amapá was owned 70% by Anglo American and 30% by Cliffs. Amapá reported a loss before tax in 2012 of $369 million, given the impairment of the assets taken by Anglo American on the transfer of Amapá to assets held for sale in 2012. As at 30 June 2013, Amapá had gross assets of $404 million. Amapá’s mining activities are led by Director of Operations José Luiz Martins.