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Revised mine plan to secure jobs and co-existence

09 April, 2014

The NSW Department of Planning today released Anglo American’s compromise mine plan for its Drayton South project.

The revised mine, which is smaller than the original proposal and will not be seen by neighbouring horse studs, was submitted in order to secure a future for Anglo American workers, the communities that depend on the mine continuing, and for co-existence with other industries in the Hunter.

This compromise follows a report submitted by Anglo American in February to the NSW Department of Planning in response to the Planning Assessment Commission’s (PAC) report last December.

In its response, Anglo American argued the PAC had disregarded the terms of reference and ignored the project’s extensive environmental assessment reports outlining the ways project impacts would be minimised as well as the project’s significant economic benefits.

Anglo American’s Drayton South Project Director, Rick Fairhurst, said the revised mine plan was a positive step forward for the project and most importantly, the 500 employees and 140 local businesses that depend on continued work at Drayton.

“Drayton South is an important project securing the economic prosperity of the Hunter Valley and would mean hundreds of direct jobs for local people as well as flow on benefits to the region.

“When we presented to the PAC last October, we strongly believed we had already made the right changes to the mine plan to allow us to continue to work alongside other industries and our thoroughbred horse breeding neighbours.

“However, in light of the PAC report on the project and our commitment to coexistence, we have agreed to make even further changes to the mine plan.

“This is on top of the $6 billion worth of compromises we had agreed to previously, based on stakeholder feedback.

“In light of the new changes we have made, we look forward to moving closer to project approval and securing local jobs,” Mr Fairhurst said.

“Our priority is to secure project approval as soon as possible. Drayton South is vital for the economic prosperity of the Hunter Valley and means hundreds of direct jobs for local people as well as flow on benefits to local suppliers”.

The Drayton South project will extend the life of the existing Drayton mine which has been a part of the Muswellbrook community for more than 30 years.

Drayton South will deliver $35 million in State Government Royalties each year, spend $70 million with local businesses annually and secure 500 local jobs which will provide peace of mind for the Drayton mine workforce.

For further information, please contact:

Media
Metallurgical Coal

Jon Richards
Tel: +61 (0) 467 810 825

Notes to editors:
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.au