Anglo American Platinum Limited |
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Media Releases
Anglo Platinum enters exploration joint venture agreement with Platinum Group Metals and Africa Wide Mineral Prospecting and Exploration
27 October 2004
Anglo Platinum is pleased to announce that it has entered into an exploration joint venture with BEE consortium Africa Wide Mineral Prospecting and Exploration (Pty) Ltd and Canadian exploration company Platinum Group Metals Ltd ("PTM").
Anglo Platinum announces impact of strike
26 October 2004
Recent strike action at Anglo Platinum operations by members of the National Union of Mineworkers (NUM), the Togetherness Amalgamated Workers Union of South Africa (TAWUSA) and the National Union of Metalworkers of South Africa (NUMSA) has resulted in a reduction in mining output equal to some 50 000 ounces of refined platinum and a proportionate reduction of associated metals.
Strike ends as NUM accept Anglo Platinum offer
14 October 2004
Anglo Platinum is pleased to announce that the National Union of Mine Workers (NUM) has accepted the company’s offer on wages and substantive conditions of employment for a one year period ending 30 June 2005.
Anglo Platinum Strike Update
12 October 2004
After protracted negotiations between Anglo Platinum and the various Unions and Association in the collective bargaining forum of the Group,
Strike at Anglo Platinum operations
01 October 2004
Anglo Platinum advises that on 20 September 2004, following CCMA process, the company reached deadlock on the annual substantive negotiations
Anglo Platinum smelter repair
10 September 2004
Anglo Platinum wishes to announce that it has suspended smelting operations at its Polokwane smelter to examine and repair elements of the smelter cooling system. Initial indications are that the repair may result in the smelter being off-line for approximately 6 weeks. Concentrate currently being sent to the Polokwane smelter will be transported to the Waterval smelter in Rustenburg for processing.
Anglo Platinum Results for the Six Months Ended 30 June 2004
27 July 2004
Anglo Platinum is pleased to announce a significant performance improvement in comparison with the first half of 2003 as a result of increased production and sales volumes and higher US dollar prices realised on metals sold. Headline earnings attributable to ordinary shareholders increased to R1,48 billion, 32,5% above those reported for the same period in 2003. An interim dividend of 400 cents per share has been declared. Commenting, CEO Ralph Havenstein said: "Whilst the increase is pleasing, it should be remembered that the Group comes off a low base following the temporary metal lock-up in process division in the first half of last year."
Anglo Platinum trading statement
13 July 2004
This trading statement is issued in compliance with the revised listings requirements (Section 3.4 (b)) of the JSE Securities Exchange South Africa ("JSE"), which became effective on 1 September 2003.
Changes to management structures
25 June 2004
Anglo Platinum advised shareholders in February this year that it had embarked on a Group- wide programme to increase efficiencies and reduce costs. The scope of the programme included all aspects of the business with special emphasis on work processes and structures. As a result of the programme’s progress to-date and Dorian Emmett, Chief Operating Officer, advising that he has accepted a position with Anglo American plc from 1 September 2004, the Company wishes to announce the following changes to its management structures.
Anglo Platinum Results For The Year Ended 31 December 2003
16 February 2004
Anglo Platinum is pleased to announce that refined platinum production rose to 2,31 million ounces, slightly ahead of the target announced in July 2003. The Group’s refined platinum production is planned to increase to 2,45 million ounces in 2004. When compared to the same period last year, headline earnings declined by 62,8% primarily as a result of the strong rand and additional costs associated with higher production. The Group achieved a gross profit margin of 23,7%. A final dividend of 270 cents per share has been declared.
Anglo Platinum announces new Executive Director: Human Resources
13 February 2004
Anglo Platinum is pleased to announce that Abram (Abe) Thebyane, currently Executive Director: Human Resources and a board member of Iscor Ltd, will join the Executive Committee and the Board of Anglo Platinum as the new Executive Director: Human Resources on 16 February 2004.
