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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Anglo American Plc | LSE:AAL | London | Ordinary Share | GB00B1XZS820 | ORD USD0.54945 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-16.00 | -0.60% | 2,664.00 | 2,663.50 | 2,665.50 | 2,675.00 | 2,649.00 | 2,655.50 | 72,800 | 08:32:35 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Miscellaneous Metal Ores,nec | 30.84B | 283M | 0.2116 | 126.65 | 35.85B |
TIDMAAL
RNS Number : 6778M
Anglo American PLC
19 September 2012
19 September 2012 Anglo American update re. Anglo American Platinum
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 of its Rustenburg operations following resumption of those operations on Tuesday 18 September 2012.
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. The safety and security of our employees is of paramount importance to Anglo American Platinum and we continue to urge employees to continue using formal and recognised engagement structures in place to address any concerns.
Anglo American Platinum urged its employees to return to work by no later than today. Given the authorities' assessment that it is safe to go to work, the company is now left with no alternative but to declare those who have not returned to work to be participating in illegal industrial action in violation of a court order dated 12 September 2012, which declared the current actions to be illegal.
In order to achieve full resumption of all the mining operations as soon as possible, Anglo American Platinum has communicated to its employees the requirement to return to work by the night shift on Thursday 20 September, failing which legal avenues will be pursued. Anglo American Platinum's Rustenburg mining operations are already under considerable economic pressure, any further delays in returning to work will only increase the risk to the long-term viability of these mines.
We continue to monitor the situation closely and will provide further information as appropriate.
For further information, please contact:
Media Investors UK UK James Wyatt-Tilby Leng Lau Tel: +44 (0)20 7968 8759 Tel: +44 (0)20 7968 8540 South Africa Caroline Crampton Tel: +27 (0)14 591 3741 Tel: +44 (0)20 7968 2192
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
This information is provided by RNS
The company news service from the London Stock Exchange
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