Resolution of Modikwa Platinum Mine strike
10 April 2012
African Rainbow Minerals Limited (“ARM”) confirms that the wage dispute at the Modikwa Platinum Mine, which led to a three week protected strike, has been resolved.
The Modikwa Platinum Mine signed a two year wage agreement with the National Union of Mineworkers (“NUM”) on Tuesday 10 April 2012.
Striking employees are expected to return to work and resume production on Wednesday, 11 April 2012.
For more information please contact:
Jongisa Klaas
Corporate Development and Head of Investor Relations
Tel: +27 11 779 1507
Mobile: +27 82 562 5288
E-mail: jongisa.klaas@arm.co.za
Corne Dippenaar
Corporate Development
Tel: +27 11 779 1478
Mobile: +27 83 380 6614
E-mail: corne.dippenaar@arm.co.za
Johannesburg
10 April 2012
Issued by sponsor:
Deutsche Securities (SA) (Proprietary) Limited