AASA update on stand-alone silicosis claims

RNS Number : 7964O

Anglo American PLC

25 September 2013

 

25 September 2013
Anglo American South Africa agrees settlement of stand-alone silicosis claims

Anglo American South Africa ("AASA") announces that it has concluded an agreement which resolves fully and finally 23 stand-alone silicosis claims, instituted against it between 2004 and 2009.  The settlement has been reached without admission of liability by AASA and the terms of the agreement remain confidential. 

Khanyisile Kweyama, Executive Director of Anglo American South Africa, said: "AASA believes that agreeing to settle this long-standing litigation is in the best interests of the plaintiffs, their families, AASA and its wider stakeholders. We continue to work with industry, government and civil society to tackle the many challenges of primary health care in South Africa. Our collective objective is to significantly improve the access and quality of care available to all South Africans as well as ensuring a healthy and safe working environment for all our employees."

AASA is just one of a number of companies facing class action litigation in the High Court involving some thousands of former mine workers.  This litigation is separate to that brought by the claimants in today's settlement. AASA denies any liability and will continue to defend the class action proceedings.

For further information, please contact:

Media		Investors
UK James Wyatt-Tilby Tel: [phone]		UK Leng Lau Tel: [phone]
Emily Blyth Tel: [phone]		Caroline Crampton Tel: [phone]
South Africa Pranill Ramchander Tel: [phone]		Sarah McNally Tel: [phone]

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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