| Thu 16 Feb 2012, 17:08 | | AMS - Anglo American Platinum Limited - Modikwa Deeps Properties |
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AMS
ANANP
AMS - Anglo American Platinum Limited - Modikwa Deeps Properties
ANGLO AMERICAN PLATINUM LIMITED
(formerly Anglo Platinum Limited)
Incorporated in the Republic of South Africa
Registration number: 1946/022452/06
JSE code: AMS ISIN: ZAE000013181
MODIKWA DEEPS PROPERTIES
Johannesburg, 16 February 2012 - Anglo American Platinum Ltd ("Amplats") notes
the announcement by Nkwe Platinum Limited that it has been granted a mining
right by the Department of Mineral Resources in respect of three of the Modikwa
Deeps Properties (being portions of the farms De Kom, Garatouw and Hoepakrantz).
The Modikwa Deeps Properties are located down dip to the existing Modikwa
Platinum Mine, a joint venture between Rustenburg Platinum Mines Limited and
African Rainbow Minerals Limited ("ARM") ("the Modikwa JV"), and form part of
the Modikwa JV.
Amplats and ARM have and will continue to engage with the Department of Mineral
Resources in order to seek a resolution of this issue. Amplats has taken the
necessary legal steps to protect its shareholders in this respect and will
continue to do so. Shareholders will be notified of material developments in
this regard.
For further information, please contact:
Mary Jane Morifi
+27 11 373 6325
Anglo American Platinum Limited
Amplats is a member of the Anglo American plc Group and is the world`s leading
primary producer of platinum group metals.
Amplats is listed on the Johannesburg Securities Exchange (JSE). Its mining,
smelting and refining operations are based in South Africa. Elsewhere in the
world, the Group is developing Unki Platinum Mine in Zimbabwe and is actively
exploring in Brazil. It has exploration partners in Canada, Russia and China.
Amplats has a number of joint ventures with several historically disadvantaged
South African consortia as part of its commitment to the transformation of the
mining industry.
Amplats is committed to the highest standards of safety and continues to make a
meaningful and sustainable difference in the development of the communities
around its operations.
www.angloamericanplatinum.com
Anglo American plc
Anglo American 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 bulk commodities - iron ore and
manganese, metallurgical coal and thermal coal; base metals - copper and nickel;
and precious metals and minerals - in which it is a global leader in both
platinum and diamonds. 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, extensive pipeline of growth
projects and exploration activities span southern Africa, South America,
Australia, North America, Asia and Europe.
www.angloamerican.com
Johannesburg
16 February 2012
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 16/02/2012 17:08:58 Produced by the JSE SENS Department.
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