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KUMBA RESOURCES LIMITED - ANGLO AMERICAN AND KUMBA SIGN HEADS OF AGREEMENT TO
DEVELOP NEW QUEENSLAND COKING COAL MINE
KUMBA RESOURCES LIMITED
Incorporated in the Republic of South Africa
(Registration Number: 2000/011076/06)
Share Code: KMB
ISIN Number: ZAE000034310
(`Kumba`)
Anglo American and Kumba sign Heads of Agreement to develop new Queensland
coking coal mine
Anglo American plc and its South African subsidiary Kumba Resources Limited
announced today that Anglo Coal Australia (Anglo Coal) and Kumba Australia Pty
Ltd (Kumba) have signed a Heads of Agreement (HoA) that could lead to the
development of a major coking coal mine in central Queensland, Australia.
The HoA covers the investigation into the joint development of Kumba`s Moranbah
South Mining Development Lease (MDL) in combination with the southern portion of
Anglo Coal`s adjacent Grosvenor lease. These areas are located to the south of
the township of Moranbah in the Bowen Basin coalfield of central Queensland. The
coalfield hosts extensive high grade coking coal resources that already support
several large mining operations, including the nearby Anglo Coal mine of
Moranbah North.
Kumba inherited its Moranbah South MDL from Iscor, which conducted exploration
of the property during the 1990s, prior to the separation of its mining
interests in 2001 to form Kumba.
An extensive exploration and evaluation programme, to be funded by Anglo Coal as
part of the HoA, will commence immediately, leading to the development of a
feasibility study.
Further information:
Anglo American - Johannesburg
Investor Relations
Anne Dunn
Tel: +27 (11) 638 4730
Media Relations
Marion Dixon
Tel: +27 (11) 638 3001
Anglo American - London
Investor Relations
Nick von Schirnding
Tel: +44 (207) 698 8540
Media Relations
Kate Aindow
Tel: +44 (207) 698 8619
Anglo Coal Australia
David Groves
General Manager: Human Resources & Public Affairs
Tel: +61 (7) 3834 1379
Kumba Resources
Trevor Arran
General Manager: Investor Relations
Tel: +27 (12) 307 3292
Mobile: +27 (83) 609 1444
Kumba Australia
Jacques du Plessis
Managing Director
Tel: +61 (8) 9476 7205
Mobile: +61 421 071 071
Notes to Editors:
Anglo American plc with its subsidiaries, joint ventures and associates is a
global leader in the mining and natural resource sectors. It has significant and
focused interests in gold, platinum, diamonds, coal, base metals, ferrous metals
and industries, industrial minerals and paper and packaging as well as financial
and technical strength. The Group is geographically diverse, with operations in
Africa, Europe, South and North America and Australia and Asia.
(www.angloamerican.co.uk)
Kumba Resources Limited, one of the largest South African-based mining companies
listed on the JSE Securities Exchange, is a focused metals and mining company
with a diverse commodity portfolio consisting of iron ore, heavy minerals, coal,
base metals and industrial minerals. www.kumbaresources.com
Date: 20/10/2004 09:00:07 AM
Produced by the JSE SENS Department
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