ARI - African Rainbow Minerals Limited - Announcement by ARM
ARI
ARIM
ARI - African Rainbow Minerals Limited - Announcement by ARM
African Rainbow Minerals Limited
(Incorporated in the Republic of South Africa)
(Registration number 1933/004580/06)
JSE Share code: ARI
ISIN: ZAE000054045
("ARM" or the "Company")
Announcement by ARM
Assmang Limited (Assmang) announced on Sunday 24 February 2008 that an explosion
occurred at the No. 6 Furnace of the Cato Ridge Works of Assmang. Assmang is
jointly controlled between ARM (50%) and Assore (50%).
Assmang regretfully announced that as a result of the explosion, five employees
have died and four employees were seriously injured. The Board of Directors and
management of Assmang expressed its sincere condolences to the families, friends
and co-workers of the deceased and extended its heartfelt sympathy to those
affected by this tragic accident.
Assmang has switched off all operating furnaces at Cato Ridge Works.
Management is presently meeting with the families of the affected employees, its
employees as well as with employee representatives, and with the Department of
Labour.
An investigation has been launched to establish the cause of the explosion, and
Assmang will communicate the result of this investigation in due course.
For all more information please contact:
Jan Steenkamp
Chief Executive: ARM Ferrous
Office: +27 11 779 1108
Mobile: +27(0) 82 492 6948
E-mail: jan.steenkamp@arm.co.za
or
Corne Bobbert
Corporate Development
Office: +27 11 779 1478
Mobile: +27(0) 83 380 6614
E-mail: corne.bobbert@arm.co.za
Johannesburg
25 February 2008
Issued by sponsor: Deutsche Securities (SA) (Proprietary) Limited
Date: 25/02/2008 08:53:17 Produced by the JSE SENS Department.
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