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Anglo American Platinum IRMA achievements

16 Feb 2024 08:00

RNS Number : 3584D
Anglo American PLC
16 February 2024
 

16 February 2024

Mototolo and Amandelbult mines achieve IRMA 75 and IRMA 50 on responsible mining standard; Unki mine retains IRMA 75

Anglo American plc notes the announcement by Anglo American Platinum Limited released today to the Johannesburg Stock Exchange. The text of the announcement is copied below:

 

Anglo American Platinum announces that its Mototolo and Amandelbult mines in South Africa have been assessed against the Initiative for Responsible Mining Assurance's (IRMA) comprehensive mining standard for the first time, achieving the IRMA 75 and IRMA 50 level of performance respectively. Following a surveillance audit at Unki mine, IRMA has confirmed Unki retains IRMA 75. This reflects Anglo American Platinum's integrated approach to sustainability and its commitment to transparency in striving for the highest levels of responsible platinum group metals (PGMs) production.

 

Craig Miller, CEO of Anglo American Platinum, said: "Aligned to our strategy to be a leader in ESG, and adding value to the products that we mine, we are helping our customers to meet increasing expectations for responsibly sourced mined materials in an efficient and credible way. The IRMA assurance process has provided us with a valuable opportunity to measure our performance at Amandelbult and Mototolo against international best sustainability practices and identify next steps for improvement. Retaining IRMA 75 at Unki also provides assurance that we continue to implement the highest standards of responsible mining. We are immensely proud of the work the teams have been doing across these operations to support responsible mining and we look forward to continuing to lead the way in the mining sector globally."

 

Mototolo and Amandelbult mines are the first PGM mines in South Africa to complete an IRMA audit. This follows the achievement of our Unki mine in Zimbabwe, the first in the world to publicly commit to be independently audited against the IRMA Standard for Responsible Mining and which also achieved IRMA 75 in 2021, and has been reconfirmed at IRMA 75 following a surveillance audit. The Company has four owned mines, with three of them now being IRMA accredited.

 

Themba Mkhwanazi, Anglo American's Regional Director - Africa and Australia, said: "Consumers are increasingly - and rightly - demanding assurance that the raw materials in their products are responsibly sourced. We believe our participation in IRMA helps promote transparency and best practice in sustainability, while adding value to our customers by helping them to meet increasing expectations on providing greater visibility of the origin and value chain of the future enabling metals and minerals they buy. We are continuing to make great progress towards assuring all our operations against this recognised responsible mining standard by 2025, as we committed to in our Sustainable Mining Plan."

 

The IRMA scoring system recognises four levels of performance: IRMA Transparency, in which a mine is third-party-assessed and publicly shares its scores; IRMA 50, 75 or 100, signifying that a mine meets a core set of critical requirements together with at least 50%, 75% or 100% of the requirements in each of the four sections of the Standard for Responsible Mining being met respectively. 

 

IRMA's Standard for Responsible Mining has been developed over a decade through a public consultation process with more than 100 different individuals and organisations, including mining companies, customers and the ultimate downstream users of mined products, NGOs, labour unions, and communities, and is considered to be one of the most rigorous certification processes.

 

Aimee Boulanger, Executive Director of IRMA, said: "Through detailed IRMA audit reports, mining companies, communities and companies that purchase mined materials can gain the information they need to decide what's going well - and what may require more attention - at specific mines. The Mototolo, Amandelbult and Unki reports demonstrate that these mines can point to transparent, independent evaluations of their environmental and social performance."

 

 

The link to the Unki, Mototolo and Amandelbult mines can be found on IRMA's website at: https://responsiblemining.net/.

 

 

For further information, please contact:

 

Media

Investors

 

UK

James Wyatt-Tilby

james.wyatt-tilby@angloamerican.com

Tel: +44 (0)20 7968 8759

 

Marcelo Esquivel

marcelo.esquivel@angloamerican.com

Tel: +44 (0)20 7968 8891

 

Rebecca Meeson-Frizelle

rebecca.meeson-frizelle@angloamerican.com

Tel: + 44 (0)20 7968 1374

 

South Africa

Nevashnee Naicker

nevashnee.naicker@angloamerican.com

Tel: +27 (0)11 638 3189

 

Sibusiso Tshabalala

sibusiso.tshabalala@angloamerican.com

Tel: +27 (0)11 638 2175

 

 

UK

Paul Galloway

paul.galloway@angloamerican.com

Tel: +44 (0)20 7968 8718

 

Emma Waterworth emma.waterworth@angloamerican.comTel: +44 (0) 20 7968 8574

 

Juliet Newth

juliet.newth@angloamerican.com

Tel: +44 (0)20 7968 8830

 

Michelle Jarman

michelle.jarman@angloamerican.com 

Tel: +44 (0)20 7968 1494

Notes to editors:

Anglo American is a leading global mining company and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of world-class competitive operations, with a broad range of future development options, provides many of the future-enabling metals and minerals for a cleaner, greener, more sustainable world and that meet the fast growing every day demands of billions of consumers. With our people at the heart of our business, we use innovative practices and the latest technologies to discover new resources and to mine, process, move and market our products to our customers - safely and sustainably.

 

As a responsible producer of copper, nickel, platinum group metals, diamonds (through De Beers), and premium quality iron ore and steelmaking coal - with crop nutrients in development - we are committed to being carbon neutral across our operations by 2040. More broadly, our Sustainable Mining Plan commits us to a series of stretching goals to ensure we work towards a healthy environment, creating thriving communities and building trust as a corporate leader. We work together with our business partners and diverse stakeholders to unlock enduring value from precious natural resources for the benefit of the communities and countries in which we operate, for society as a whole, and for our shareholders. Anglo American is re-imagining mining to improve people's lives.

www.angloamerican.com

 

 

 

 

In this document, references to "Anglo American", the "Anglo American Group", the "Group", "we", "us", and "our" are to refer to either Anglo American plc and its subsidiaries and/or those who work for them generally, or where it is not necessary to refer to a particular entity, entities or persons. The use of those generic terms herein is for convenience only, and is in no way indicative of how the Anglo American Group or any entity within it is structured, managed or controlled. Anglo American subsidiaries, and their management, are responsible for their own day-to-day operations, including but not limited to securing and maintaining all relevant licences and permits, operational adaptation and implementation of Group policies, management, training and any applicable local grievance mechanisms. Anglo American produces group-wide policies and procedures to ensure best uniform practices and standardisation across the Anglo American Group but is not responsible for the day to day implementation of such policies. Such policies and procedures constitute prescribed minimum standards only. Group operating subsidiaries are responsible for adapting those policies and procedures to reflect local conditions where appropriate, and for implementation, oversight and monitoring within their specific businesses.

 

Disclaimer

This document is for information purposes only and does not constitute, nor is to be construed as, an offer to sell or the recommendation, solicitation, inducement or offer to buy, subscribe for or sell shares in Anglo American or any other securities by Anglo American or any other party. Further, it should not be treated as giving investment, legal, accounting, regulatory, taxation or other advice and has no regard to the specific investment or other objectives, financial situation or particular needs of any recipient.

 

Forward-looking statements and third party information

This document includes forward-looking statements. All statements other than statements of historical facts included in this document, including, without limitation, those regarding Anglo American's financial position, business, acquisition and divestment strategy, dividend policy, plans and objectives of management for future operations, prospects and projects (including development plans and objectives relating to Anglo American's products, production forecasts and Ore Reserve and Mineral Resource positions) and sustainability performance related (including environmental, social and governance) goals, ambitions, targets, visions, milestones and aspirations, are forward-looking statements. By their nature, such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Anglo American or industry results to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

 

Such forward-looking statements are based on numerous assumptions regarding Anglo American's present and future business strategies and the environment in which Anglo American will operate in the future. Important factors that could cause Anglo American's actual results, performance or achievements to differ materially from those in the forward-looking statements include, among others, levels of actual production during any period, levels of global demand and commodity market prices, unanticipated downturns in business relationships with customers or their purchases from Anglo American, mineral resource exploration and project development capabilities and delivery, recovery rates and other operational capabilities, safety, health or environmental incidents, the effects of global pandemics and outbreaks of infectious diseases, the impact of attacks from third parties on our information systems, natural catastrophes or adverse geological conditions, climate change and extreme weather events, the outcome of litigation or regulatory proceedings, the availability of mining and processing equipment, the ability to obtain key inputs in a timely manner, the ability to produce and transport products profitably, the availability of necessary infrastructure (including transportation) services, the development, efficacy and adoption of new or competing technology, challenges in realising resource estimates or discovering new economic mineralisation, the impact of foreign currency exchange rates on market prices and operating costs, the availability of sufficient credit, liquidity and counterparty risks, the effects of inflation, terrorism, war, conflict, political or civil unrest, uncertainty, tensions and disputes and economic and financial conditions around the world, evolving societal and stakeholder requirements and expectations, shortages of skilled employees, unexpected difficulties relating to acquisitions or divestitures, competitive pressures and the actions of competitors, activities by courts, regulators and governmental authorities such as in relation to permitting or forcing closure of mines and ceasing of operations or maintenance of Anglo American's assets and changes in taxation or safety, health, environmental or other types of regulation in the countries where Anglo American operates, conflicts over land and resource ownership rights and such other risk factors identified in Anglo American's most recent Annual Report. Forward-looking statements should, therefore, be construed in light of such risk factors and undue reliance should not be placed on forward-looking statements. These forward-looking statements speak only as of the date of this document. Anglo American expressly disclaims any obligation or undertaking (except as required by applicable law, the City Code on Takeovers and Mergers, the UK Listing Rules, the Disclosure and Transparency Rules of the Financial Conduct Authority, the Listings Requirements of the securities exchange of the JSE Limited in South Africa, the SIX Swiss Exchange, the Botswana Stock Exchange and the Namibian Stock Exchange and any other applicable regulations) to release publicly any updates or revisions to any forward-looking statement contained herein to reflect any change in Anglo American's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

 

Nothing in this document should be interpreted to mean that future earnings per share of Anglo American will necessarily match or exceed its historical published earnings per share. Certain statistical and other information included in this document is sourced from third party sources (including, but not limited to, externally conducted studies and trials). As such it has not been independently verified and presents the views of those third parties, but may not necessarily correspond to the views held by Anglo American and Anglo American expressly disclaims any responsibility for, or liability in respect of, such information.

©Anglo American Services (UK) Ltd 2024.  TM and TM are trademarks of Anglo American Services (UK) Ltd.

 

 

Legal Entity Identifier: 549300S9XF92D1X8ME43

 

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