| Fri 10 Dec 2010, 10:00 | | AGL - Anglo American Plc - Anglo American secures key licence for Minas-Rio Iron |
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AGL
ANAAL
AGL - Anglo American Plc - Anglo American secures key licence for Minas-Rio Iron
Ore project
Anglo American plc
Incorporated in the United Kingdom
(Registration number: 3564138)
Short name: Anglo
Share code: AGL
ISIN number: GB00B1XZS820
Anglo American secures key licence for Minas-Rio iron ore project
Anglo American announces that it has secured a key licence for the development
of its Minas-Rio iron ore project in Brazil. The award of the second part of the
Mine Installation Licence ("Mine LI part 2") was granted by SUPRAM, the Minas
Gerais state agency responsible for environmental licensing, on 9 December 2010
and marks a major achievement on the critical path for delivery of the Minas-Rio
project.
The award of the Mine LI part 2 enables Anglo American to begin the civil
construction works for the beneficiation plant and the tailings dam and begin
the construction of the mine. It is expected that the civil works will start in
March 2011, after the rainy season and, as previously stated, it should take
between 27 and 30 months from that time to construct and commission the mine and
plant, complete the project and deliver the first ore on ship.
As the development of the project progresses, there will be a number of other
licences and permits to be obtained, but the Mine LI part 2 allows Anglo
American to make further substantial progress towards the delivery of this world
class iron ore project which includes a mine, a beneficiation plant, a 525km
slurry pipeline and a port facility.
For further information, please contact:
United Kingdom
James Wyatt-Tilby, Media Relations
Tel: +44 (0)20 7968 8759
Caroline Metcalfe, Investor Relations
Tel: +44 (0)20 7968 2192
Leisha Wemyss, Investor Relations
Tel: +44 (0)20 7968 8607
South Africa
Pranill Ramchander, Media Relations
Tel: +27 (0)11 638 2592
Anna Mulholland, Investor Relations
Tel: +27 (0)11 373 6683
Kgapu Mphahlele, Investor Relations
Tel: +27 (0)11 373 6239
Notes to editors:
Anglo American plc 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 precious metals
and minerals - in which it is a global leader in both platinum and diamonds;
base metals - copper and nickel; and bulk commodities - iron ore, metallurgical
coal and thermal coal. 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 and extensive pipeline of growth
projects are located in southern Africa, South America, Australia, North America
and Asia. www.angloamerican.com
10 December 2010
Sponsor: UBS South Africa (Pty) Ltd
Date: 10/12/2010 10:00:01 Produced by the JSE SENS Department.
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