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AMS AMSP
ANANP
AMSP - Anglo Platinum - Anglo Platinum to build R283m Mine Training
Centre on Eastern Limb
Anglo Platinum Limited
Incorporated in the Republic of South Africa
Registration No. 1946/022452/06
JSE Code: AMSP
ISIN: ZAE000054474
("the Company")
Anglo Platinum to build R283m Mine Training Centre on Eastern Limb
Anglo Platinum is pleased to announce that it has approved a R283 million
Mine Training Centre to be constructed on its Twickenham Mine property in
support of the social and labour plans for its new mining projects.
The Mine Training Centre will support the training needs of 2 000 new
mining employees per annum and will feed trained employees to new and
existing mining projects on the Eastern Limb of the Bushveld complex. The
Mine Training Centre will include surface and underground training
facilities to equip employees with conventional and mechanised mining
skills to match the spread of mining techniques employed by Anglo
Platinum.
Construction will commence in June 2007 with the first trainees expected
to be enrolled in 2008.
Commenting on the announcement Ralph Havenstein, Chief Executive of Anglo
Platinum said, "We are committed to improving our operating efficiency
and recognise the positive effects that strong local communities around
our operations have on performance. This centre on the underdeveloped
Eastern Limb will further boost our ability to support all aspects of our
expanding production base and the development of the new mines necessary
to achieve our planned platinum growth."
Sello Moloto, Premier of Limpopo province said, "The importance of job
creation and poverty alleviation in Limpopo can not be emphasised enough
and the appropriate skills acquisition is very important to support
expanding platinum mining business in our province."
In addition to the 2 000 trainees the project will provide 100 new
permanent employment opportunities at the mine as well as 100 employment
opportunities during the construction phase in the Limpopo province.
Practical underground training in a working environment is the primary
focus of the Mine Training Centre, however supervisory, infrastructure
development and maintenance skills training will also be catered for.
To complement the Mine Training Centre Anglo Platinum has significantly
increased its artisan training and tertiary education funding. Anglo
Platinum`s Engineering Skills Training Centre ("ESTC") in Gauteng is
currently undergoing a R27million upgrade to increase capacity and plans,
over the next 5 years, to provide 1 400 qualified artisans. Over the same
period Anglo Platinum will provide over 340 new bursaries to students at
tertiary institutions, complimenting the current 486 bursars and
providing a pipeline of graduates to satisfy the skills requirements of
the new mines.
For further information please contact:
Simon Tebele
+27 11 373 6865
+27 83 275 2751
Johannesburg
25 May 2007
Sponsor
Merrill Lynch South Africa (Pty) Limited
Date: 25/05/2007 10:00:04 Produced by the JSE SENS Department.
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