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Buy Property in Work: The Employment Relationship in the Anglo-American Firm (Studies in Modern Law & Policy) 1 by Wanjiru Njoya (ISBN: ). The works in this document also explore the impact of transplanting Anglo American corporate governance model) on employment relations in Asian .. company directors and controlling shareholders Similarly, the extent to . 17 The Modern Corporation and Private Property, (), (New Brunswick. An employee is defined as any full-time person who directly works . become involved in relationships with local people and have Company recognises that minerals are non-renewable hence the scheme provides assistance to qualifying employees to acquire home loans for residential properties in.
The Issuer hereby informs holders of the Notes that all the outstanding Notes have been redeemed and cancelled, and the Issuer has requested to cancel the Notes from the United Kingdom Listing Authority? Terms used but not defined herein shall have the meaning given to them in the notice of redemption. The Issuer has notified the holders pursuant to the terms of the Notes. The Issuer hereby informs holders of the May Notes that the redemption price of the May Notes to be redeemed on May 3, the?
To view the notice, please click on the link below. The payment date of the dividend is Friday, 11 May Other details relating to the dividend are contained in the announcement of 22 February and are on the Company? As announced on 3 April, Anglo American is progressing with a full inspection of its pipeline at the Minas-Rio iron ore operation, which is expected to take approximately 90 days to complete. The inspection includes an internal scan of every section of the pipeline and will then be followed by a detailed analysis of the data and an assessment of required remedial action.
Mining operations will then resume once any repair work is completed, the pipeline has been tested and the regulatory authorities have provided their consent to the resumption of pipeline operations. On this basis, the current expectation is that the operation will begin to ramp up in Q4resulting in a USD?
The sale of Union mine was completed on 1 February Minas-Rio took the decision to suspend the operation following a minor leak that was identified in the pipeline at approximately 7pm on 29 March.
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This leak of non-hazardous iron ore slurry was stopped within eight minutes and caused no disruption to local water supply. It occurred in close proximity to a similar leak on 12 March, near a pumping station. There were no injuries. Specialised technical equipment will now be used to identify any other areas of potential weakness within the pipeline.
Due to the length of the pipeline and the priority of ensuring the protection of the natural environment, the current expectation is that it will take approximately 90 days for the full inspection to be completed during which time operations at Minas-Rio will remain suspended. Minas-Rio is working closely with its employees and unions and all the relevant authorities in Brazil, both locally and nationally, and Anglo American?
The Tender Offers expired at Capitalised terms used but not defined in this announcement have the meanings given to them in the Tender Offer Memorandum. The Company hereby announces it will accept for purchase all validly tendered Notes pursuant to the Tender Offers on the basis of the Series Acceptance Amounts for each series of Notes, which also includes the relevant Purchase Price, the relevant Purchase Yield, Accrued Interest and, in respect of the Fixed Spread Notes accepted for purchase, the relevant Reference Rate.
Following expiration of the Tender Offer Period, the Company hereby announces that, in the event it decides to accept valid tenders of Notes pursuant to the Tender Offers, it intends to accept all Notes pursuant to the Tender Offers on the basis of the indicative non-binding Series Acceptance Amounts for each series of Notes.
Pricing and Results Pricing will take place on or around As soon as reasonably practicable after the Pricing Time, the Company will announce i whether the Company will accept valid Offers to Sell pursuant to the Tender Offers; ii in respect of the Notes accepted for purchase, the relevant Purchase Price; iii in respect of the Fixed Spread Notes accepted for purchase, the relevant Reference Rate and the relevant Purchase Yield; and iv the relevant Series Acceptance Amounts, any Pro- Rating Factor if applicable and Accrued Interest Amounts.
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Settlement of the Tender Offers and payment of the Tender Consideration in respect of any Notes accepted for purchase is expected to take place on 19 March Expectations remained the same. It also made his ambition to exert a greater commercial impact with his GC switch that much harder. I can foresee a day where the role of a junior lawyer in a big law firm has been eliminated as a result of technology.
The GC role became available following the retirement of incumbent Ben Keisler after 32 years.Does the UK & U.S SPECIAL RELATIONSHIP go both ways? - KJ Vids
And the pressure was on for the new boy. Price says he inherited a strong, well-respected in-house team at Anglo American, but it was under pressure to get closer to the business at a high-stakes period. The second came six months into his role: This asked both how legal could improve its core delivery but also how it could help the broader business achieve its objectives.
It was about taking the legal team from something of a necessary evil to one where the team adds value. The other part of it, which is really the key, is to help the business to achieve its commercial objectives. In JanuaryAmplats and seven of its employees launched a legal battle against salary deductions for outstanding debt, challenging a law firm and a debt administrating company, alleging that they practice "unlawful" overcharging.
The proposed redesign takes into account the financial difficulties in the PGM industry and is a continuation of Amplats? It aims to improve the Company? The reconfiguration will include the consolidation of mines with adjacent concentrator operations: Tumela Mine, Dishaba Mine and Amandelbult Concentrator will be consolidated and redesigned into the Amandelbult operation; and Mogalakwena Mine and Mogalakwena Concentrator into the Mogalakwena operation.
In addition, the regional functional centres in Rustenburg, Amandelbult and Polokwane will be closed and their functions incorporated into the adjacent operations and Corporate Office. As these measures may lead to job losses, the Company will be offering voluntary severance packages and will introduce comprehensive support measures to limit the impact of the proposed restructuring on affected employees.
The 60 day consultation process is anticipated to end on 22 August The proposed restructuring excludes the Company? Employees assigned to these operations have been ring- fenced and are protected from the Section process.
In addition to the anticipated reduction in support staff, the Company is seeking to further substantially reduce indirect costs allocated to the operations. With reference to the listings requirements of the JSE Ltd. Amplats advises shareholders, with reasonable certainty, that headline earnings and headline earnings per share?
Headline earnings and HEPS for the comparative period were R million and 60 cents respectively Basic earnings and basic earnings per share? Basic earnings and EPS for the comparative period were R million and cents respectively. The increase in headline earnings and basic earnings is primarily due to the improvement in operational performance following the protected industrial action in the comparative period.
The Company cannot yet however quantify a more specific range or a percentage increase, and will release a further announcement once there is more certainty. The forecast financial information on which this trading statement is based has not been reviewed, or reported on, by the Company?
Listings Requirements, shareholders are advised that Ms Khanyisile Kweyama has tendered her resignation from the board of Anglo American Platinum with effect from 29 April Her current position as Chief Executive Officer of Business Unity South Africa have rendered it difficult for her to dedicate the time required to execute her board responsibilities at Amplats.
On 26 JanuaryMr Michael Malesa was fatally injured when he was struck by a utility vehicle. We are investigating the circumstances which led to this tragic event and will implement the necessary remedial actions to prevent a repeat, as we continue our journey to reach a target of zero harm.
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The Lost time Injury Frequency Rate? Production at Rustenburg koz continued on the strong momentum as seen in Q4but Amandelbult 81 koz and Union 32 koz were impacted in the quarter due to Section 54 safety stoppages.
The first quarter of the year has less working shifts than the final quarter and therefore production was marginally lower than the fourth quarter of Refined palladium and rhodium increased for similar reasons.