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ANANP
ANANP
AMS - Anglo Platinum Limited - Anglo Platinum and The South African Department
of Minerals and Energy in urgent talks to secure south African supply of
Platinum and Associated Platinum Group Metals
Anglo Platinum Limited
Incorporated in the Republic of South Africa
Registration No.: 1946/022452/06
JSE Ordinary Share Code: AMS
ISIN: ZAE000013181
JSE Preference Share Code: AMSP
ISIN: ZAE000054474
("Anglo Platinum")
Anglo Platinum and the South African Department of Minerals and Energy in urgent
talks to secure South African supply of platinum and associated platinum group
metals
Anglo Platinum and the South African Department of Minerals and Energy have
commenced urgent talks to ensure that the supply of electrical power to platinum
producers remains a top priority to prevent disruption to global platinum
markets as South Africa supplies over 75% of global platinum demand.
Anglo Platinum acted on the request made by Eskom to reduce electricity
consumption to a minimum load in order to assist Eskom in recovering the
integrity of the electricity supply system by suspending mining activities at
all Anglo Platinum underground operations today. Essential underground pumping
and critical process work continues. Eskom has not yet indicated how long the
present situation will continue but Anglo Platinum remains in contact with the
electricity supply body.
Buyelwa Sonjica Minister of Minerals and Energy, said "We are aware of the
strategic importance of South African platinum output and will meet with Anglo
Platinum to further discuss how platinum supply disruption can be minimised
within the current electrical supply context."
Anglo Platinum and the Department will provide further information as it becomes
available.
Johannesburg, 25 January 2007
For further information contact:
Trevor Raymond Sputnik Ratau
Anglo Platinum Department of Minerals and Energy
+27(0)11 373 6462 +27(0)82521 9614
+27(0) 82 654 8467
Sponsor
Merrill Lynch South Africa (Pty) Limited
Date: 25/01/2008 17:15:11 Produced by the JSE SENS Department.
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