| Tue 22 May 2012, 15:26 | | AGL - Anglo - Anglo American and Codelco agree to talks and suspension of legal |
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AGL
ANAAL
AGL - Anglo - Anglo American and Codelco agree to talks and suspension of legal
proceedings
Anglo American plc ("the Company")
Incorporated in the United Kingdom
(Registration number: 3564138)
Short name: Anglo
Share code: AGL
ISIN number: GB00B1XZS820
Anglo American and Codelco agree to talks and suspension of legal proceedings
Anglo American announces that as part of the court`s conciliation proceeding in
Chile, to which the judge of the 14th Civil Court of Santiago has summoned Anglo
American and Codelco ("the parties") on 22 May, the parties have agreed to
explore the possibility of negotiating an agreement in relation to Anglo
American Sur. Should this prove successful, it will enable the parties to
overcome their current legal dispute.
To that end and in the interests of compliance with the conciliation proceeding
to which they have been summoned, the parties have together requested the
suspension of their legal proceedings at the 14th Civil Court of Santiago until
Friday 22 June 2012.
Cynthia Carroll, Chief Executive of Anglo American, said: "We welcome this
opportunity to re-engage with Codelco and explore whether a solution may be
achievable. From the outset, we have been consistently in favour of discussing a
commercial solution that takes into account the interests of both parties."
For further information, please contact:
Media Investors
UK UK
James Wyatt-Tilby Leng Lau
Tel: +44 (0)20 7968 8759 Tel: +44 (0)20 7968 8540
Emily Blyth Caroline Crampton
Tel: +44 (0)20 7968 8481 Tel: +44 (0)20 7968 2192
South Africa South Africa
Pranill Ramchander Nicholas Gordon
Tel: +27 (0)11 638 2592 Tel: +27 (0) 11 638 3262
Notes to editors:
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
22 May 2012
Sponsor: UBS South Africa (Pty) Ltd
Date: 22/05/2012 15:26:01 Produced by the JSE SENS Department.
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