ANGLO AMERICAN PLC - ANGLO AMERICAN: MINERALS BILL
JSE Code: AGL
ISIN Code: GB0004901517
News Release
Anglo American: Minerals Bill
There has been considerable public speculation as to the possible impact of
the proposed new Minerals and Petroleum Resources Bill.
Anglo American is examining the Bill tabled in the South African Parliament
on Tuesday, 25 June and evaluating its implications. It is too early to
reach definite conclusions, especially as the regulations accompanying the
Bill, and the proposed Mining Charter have yet to be tabled. Anglo American
looks forward to engaging constructively with Government and other
stakeholders on these issues so that the new legislation can be implemented
in a way that is both conducive to investor confidence and to fulfilling the
aims of the Bill, of which the Company is fully supportive.
In so far as the Platinum sector has distinct features and has been the
subject of particular commentary, Anglo Platinum has this afternoon put out
a separate statement.
Date: 25/06/2002 05:25:00 PM Produced by the SENS Department
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