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Back to 2013

Tri-partite agree on interventions to mitigate job cuts at Anglo American Platinum

22 May, 2013

In January 2013, Anglo American Platinum Limited ("Anglo American Platinum") announced its proposals to create a sustainable, competitive and profitable platinum business for the long term benefit of all its stakeholders.

Following the announcement of its proposals, Anglo American Platinum and its recognised unions agreed to suspend the section 189 consultations to allow for engagement to take place with the Department of Mineral Resources (DMR) and the unions.

The parties spent the past week engaging on interventions to reduce the impact of restructuring on mineworkers.

This process has now reached a stage whereby parties have agreed on measures and mitigation plans that will preserve jobs.

Anglo American Platinum, government and the Unions will seek to resume the structured process under the auspices of the Commission for Conciliation Mediation and Arbitration (CCMA) on Friday 24 May. The basis of the structured process will be informed by this agreement

All parties worked diligently with the DMR to get to this point and agree that the measures will serve as a basis for meaningful consultation with employees and their representative structures. The parties are committed to ensuring a sustainable platinum mining industry that will contribute positively to the South African economy.

DMR: Zingaphi Jakuja, 082 766 3940,
Amplats: Mpumi Sithole, 083 554 2268
NUM: Lesiba Seshoka, 082 803 6719
UASA: Franz Stehring, 082 806 5164
NUMSA: Mere Boase, 082 936 9876
AMCU: Jimmy Gama, 071 688 6711

Jointly issued by:

The Department of Mineral Resources, Anglo American Platinum (Amplats), National Union of Mineworkers (NUM), National Union of Metalworkers of South Africa (NUMSA), UASA and Association of Mineworkers and Construction Union (AMCU)

Notes to editors:

Anglo American Platinum Limited is a member of the Anglo American plc Group and is the world’s leading primary producer of platinum group metals. The company 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 owns Unki Platinum Mine in Zimbabwe and is actively exploring in Brazil. Anglo American Platinum 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. Anglo American Platinum is committed to the highest standards of safety and continues to make meaningful and sustainable difference in the development of the communities around its operations.

www.angloamericanplatinum.com

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. Our portfolio of mining businesses meets our customers’ changing needs and spans bulk commodities – iron ore and manganese, metallurgical coal and thermal coal; base metals and minerals – copper, nickel, niobium and phosphates; and precious metals and minerals – in which we are a global leader in both platinum and diamonds. At Anglo American, we are committed to working together with our stakeholders – our investors, our partners and our employees – to create sustainable value that makes a real difference, while upholding the highest standards of safety and responsibility across all our businesses and geographies. The company’s mining operations, pipeline of growth projects and exploration activities span southern Africa, South America, Australia, North America, Asia and Europe.

www.angloamerican.com

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