Anglo American Platinum Corporation Limited - Medi
Anglo American Platinum Corporation Limited - Media Release
Anglo American Platinum Corporation Limited
(Incorporated in the Republic of South Africa)
Registration number 1946/022452/06
ISIN: ZAE000013181
JSE Code: AMS
("Anglo Platinum" or "the Company")
Media Release
On 6 September 2001 Anglo Platinum announced that it will be proceeding with the
development of a new platinum group metals mine on the farms Twickenham,
Paschaskraal and Hackney (the "Twickenham Project") on the Eastern Limb of the
Bushveld Igneous Complex in the Limpopo Province, some 40 km from the town of
Burgersfort.
The Company further announced that it will incorporate a Black Economic
Empowerment partner in the mine to be established on the farms Klipfontein,
Paschaskraal, Avoca and De Kamp which form part of the Twickenham Project. In
terms of the settlement reached with the Department of Minerals and Energy, the
Company is pleased to advise that discussions are taking place with Pelawan
Investment (Pty) Ltd, the company which has been identified by the Department to
be granted the mining rights in respect of the farms Avoca and De Kamp. Pelawan
Investment (Pty) Ltd consists of the following consortia:
Meapong Investments (Pty) Ltd,
Kgathelopele (Pty) Ltd,
Leswika Womens Investments and
Africa Without Boundaries (Pty) Ltd.
When the discussions are concluded a further announcement will be made.
Issued by Corporate Communications
Anglo Platinum Pelawan (Pty) Ltd
Contact: Mike Mtakati Contact: Tumelo Motsisi
Tel: (011) 373-6865 Tel: (011) 520 2501
Cell: 083 455 7887 Cell: 082 776 6733
Johannesburg
7 November 2002
Sponsor
Merrill Lynch South Africa (Pty) Ltd
Date: 07/11/2002 05:45:05 PM Produced by the JSE SENS Department
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
