South32 Limited Appin Colliery Suspension (6018J)
29 June 2017 - 9:18PM
UK Regulatory
TIDMS32
RNS Number : 6018J
South32 Limited
29 June 2017
29 June 2017
South32 Ltd
Appin Colliery Suspension
South32 Limited (ASX, JSE, LSE: S32; ADR: SOUHY) (South32)
advises that on 28 June 2017 we withdrew the Appin workforce from
the mine as a precautionary measure. We subsequently confirmed that
there was no gas exceedance or breach of gas limits. We notified
the New South Wales Department of Planning and Environment (the
Regulator) of the details of the withdrawal. The Regulator then
issued a prohibition notice and expressed broader concern regarding
the recent gas exceedance events and the operating practices of the
Illawarra Metallurgical Coal operation. Safety is a core value and
we are working, together with the Regulator, to address these
issues.
Separately, we confirm that the Dendrobium mine remains in
operation and that production guidance for FY17 remains on track
with Illawarra Metallurgical Coal having produced 7.05Mt (sales
7.32Mt) to 28 June 2017. Consistent with past practice, we will
provide production guidance for FY18 when we report our financial
results on 24 August 2017.
About South32
South32 is a globally diversified mining and metals company with
high quality operations in Australia, Southern Africa and South
America. Our purpose is to make a difference by developing natural
resources, improving people's lives now and for generations to
come. We are trusted by our owners and partners to realise the
potential of their resources. We have a simple strategy to maximise
the potential of our assets and shareholder returns by optimising
our existing operations, unlocking their potential and identifying
new opportunities to compete for capital.
Further information
INVESTOR RELATIONS
Alex Volante Rob Ward
T +61 8 9324 9029 T +61 8 9324 9340
M +61 403 328 M +61 431 596 831
408 E Robert.Ward@south32.net
E Alex.Volante@south32.net
MEDIA RELATIONS
Hayley Cardy James Clothier
T +61 8 9324 9008 T +61 8 9324 9697
M +61 409 448 M +61 413 319 031
288 E James.Clothier@south32.net
E Hayley.Cardy@south32.net
Further information on South32 can be found at
www.south32.net.
JSE Sponsor: UBS South Africa (Pty) Ltd
29 June 2017
This information is provided by RNS
The company news service from the London Stock Exchange
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