10 May 2010
Anglo American increases social investment commitments to Zinc communities
Anglo American confirms its commitment to continued social development investment in the host communities around its Zinc operations. This follows the announcement of the sale of Anglo American Zinc, which consists of Skorpion Zinc in Namibia, Lisheen mine in Ireland and Black Mountain mine and the Gamsberg project in South Africa.
Anglo American is a leader in corporate social investment in
South Africa and invests in development projects around its global
operations, as well as in the wider community. As a
responsible mining company, Anglo American has committed US$3
million to the Anglo American Namibia Foundation which will
continue to invest in sustainability projects in communities around
the Skorpion mine and across Namibia. This will build on the
substantive investments in education and teacher training already
made by the Anglo Skorpion Foundation.
In addition, Anglo American will make a US$2 million grant to
fund a series of multi-year education and development projects in
the Northern Cape in South Africa, close to the Black Mountain
operation and the Gamsberg project. These social development
programmes in the Northern Cape will be managed by the Anglo
American Chairman’s Fund which supports projects in
education, health, HIV / AIDS and social development.
Anglo American believes in responsible stewardship throughout
the mining lifecycle. Although the Lisheen mine, in Ireland, is in
a different operational phase to Black Mountain and Skorpion, Anglo
American has worked closely with the local community and other
stakeholders for a number of years to ensure all social investments
and closure plans are developed in partnership with all those
concerned.
Cynthia Carroll, Chief Executive of Anglo American, said: "Anglo
American remains committed to the Zinc businesses’ host
communities throughout the transition process and into the future.
Anglo American will be working with Vedanta, the future owners of
the Zinc business, to build on the relationship we have with our
host communities and the work we have done, particularly in the
areas of education, health, HIV / AIDS and social
development.”
United Kingdom
James Wyatt-Tilby, Media Relations
Tel: +44 (0)20 7968 8759
South Africa
Pranill Ramchander, Media Relations
Tel: +27 (0)11 638 2592
Notes to Editors:
Anglo American plc is one of the world’s
largest mining companies, is headquartered in the UK and listed on
the London and Johannesburg stock exchanges. Its portfolio of
mining businesses spans precious metals and minerals – in
which it is a global leader in both platinum and diamonds; base
metals – copper and nickel; and bulk commodities – iron
ore, metallurgical coal and thermal coal. 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 and extensive
pipeline of growth projects are located in southern Africa, South
America, Australia, North America and Asia.
www.angloamerican.co.uk
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