| Tue 29 Apr 2008, 12:35 | | AGL - South African Department of Minerals and Ene |
|
AGL
ANAAL
AGL - South African Department of Minerals and Energy grants new order mining
rights conversions to Anglo American (Correction)
Anglo American plc
Incorporated in the United Kingdom
(Registration number: 3564138)
Short name: Anglo
Share code: AGL
ISIN number: GB00B1XZS820
("Anglo American plc" or "the company")
Joint News Release
29 April 2008
South African Department of Minerals and Energy grants new order mining rights
conversions to Anglo American (Correction)
The South African Department of Minerals and Energy ("DME") and Anglo American
announce that, following their joint announcement made on 20 February 2008,
conversions to new order mining rights in respect of Anglo American`s mining
operations in South Africa have now been granted. This relates to the
conversion of all the mineral rights in Anglo American`s South African Coal,
Ferrous Metals, Base Metals and Platinum businesses. The applications for
conversion of mineral rights associated with Anglo Platinum`s 50:50 joint
ventures with Royal Bafokeng Resources and the African Rainbow Minerals
consortium continue and are being processed based on joint submissions and
representations by all stakeholders.
Ms Buyelwa Sonjica, Minister of Minerals and Energy, said: "The granting of
conversions to subsidiaries of South Africa`s largest mining company, Anglo
American, is a mark of progress for the country`s transformation. It has also
resulted in the creation of two HDSA controlled platinum companies, as well as
HDSA participation in Anglo`s coal business. I am happy to be making this
announcement today."
Cynthia Carroll, CEO of Anglo American, said, "I am delighted that we have been
granted new order mining rights across our South African mining operations and I
would like to thank all those, at the Department of Minerals and Energy and
within Anglo American, who worked so hard to complete the necessary
documentation in recent weeks. This significant achievement provides an ever
stronger platform for our $5 billion of growth projects and 120,000 employees
and contractors in South Africa and for the many black empowered businesses with
which we are partnered. This is good news for Anglo American and for South
Africa and I look forward to ongoing strong and cooperative relationships with
the South African government and our partners as Anglo American continues to
grow its businesses and contribute to the country`s economic prosperity."
For further information, please contact:
South Africa
Pranill Ramchander, Media Relations
Tel: +27 (0)11 638 2592
United Kingdom
James Wyatt-Tilby, Media Relations
Tel: +44 (0)20 7968 8759
Anna Poulter, Investor Relations
Tel: +44 (0)20 7968 2155
Ralf Rueller, Investor Relations
Tel : +44 (0)20 7968 8878
Department of Minerals and Energy (DME)
Sputnik Ratau
Media Liaison Officer: Ministry
Tel: +27 (0)12 317 8291
Mob: +27 (0)82 521 9614
Date: 29/04/2008 12:35:01 Produced by the JSE SENS Department.
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