AMI.L Regulatory News (AMI)

For immediate release

African Minerals Limited ("the Company")

9 September 2011

RESOLUTIONS PASSED AT 9 Sept 2011 AGM

At the Annual General Meeting of African Minerals Limited held at Five Stratton Street, London, W1J 8LA at 11 am on 9 September 2011, the following ordinary resolutions were passed:

ORDINARY RESOLUTIONS

1. THAT the Company's Annual Report which contains the audited consolidated financial statements as at and for the financial year ended 31 December 2010, and the auditors' report thereon be approved.

2. THAT Ernst & Young LLP be re-appointed as independent auditors to the Company.

3. THAT the adoption of the Bye-Laws of the Company be approved as amended in accordance with the schedule attached to the Notice of Meeting and approved by the Board of Directors.

4. THAT Miguel Perry be elected to the Board of Directors of the Company, so to serve until the Annual General Meeting for the year ending 31 December 2011.

5. THAT Roger Liddell be elected to the Board of Directors of the Company, so to serve until the Annual General Meeting for the year ending 31 December 2011.

6. THAT Nina Shapiro be elected to the Board of Directors of the Company, so to serve until the Annual General Meeting for the year ending 31 December 2011.

7. THAT Bernard Pryor be elected to the Board of Directors of the Company, so to serve until the Annual General Meeting for the year ending 31 December 2014.

All resolutions were declared passed after a vote on a show of hands.

In accordance with corporate governance guidelines, proxy votes were reported to the meeting and were:

ENDS

Contacts:

African Minerals Limited +44 20 3435 7600

Mike Jones

Aura Financial +44 20 7321 0000

Michael Oke / Andy Mills 

Deutsche Bank +44 207 545 8000

Rupert Green

African Minerals is developing its Tonkolili iron ore project in Sierra Leone, with a JORC compliant resource of 12.8Bnt. The project, which currently has a 60+ year mine-life, is being developed in 3 phases. Phase I of the project is fully funded and at full capacity is expected to produce 15 million tonnes of iron ore per annum once it ramps up from initial production in Q4 2011. Phases II and III are expected to boost production incrementally by 23Mtpa and 45Mtpa respectively. African Minerals and its contractors currently employ approximately 5,000 people in Sierra Leone, 78% of whom are Sierra Leonean nationals.

The Company is also developing significant port and rail infrastructure to support the development of the project, via its subsidiary African Rail and Port Services (SL) Limited ("ARPS"), in which the Government of Sierra Leone has the right to acquire a 10% interest. With the exception of this interest, the Tonkolili project companies are wholly owned by AML.

www.african-minerals.com