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Anglo American increases social investment commitments to zinc communities

13 May 2010

Anglo American confirms its commitment to continued social development investment in the host communities around its zinc operations. This follows the announcement of the sale of Anglo American Zinc, which consists of Skorpion Zinc in Namibia, Lisheen mine in Ireland and Black Mountain mine and the Gamsberg project in South Africa.

The company has committed US$3 million to the Anglo American Namibia Foundation which will continue to invest in sustainability projects in communities around the Skorpion mine and across Namibia. This will build on the substantive investments in education and teacher training already made by the Anglo Skorpion Foundation.

In addition, Anglo American will make a US$2 million grant to fund a series of multi-year education and development projects in the Northern Cape in South Africa, close to the Black Mountain operation and the Gamsberg project. These social development programmes in the Northern Cape will be managed by the Anglo American Chairman’s Fund which supports projects in education, health, HIV / AIDS and social development.

Read more at Anglo American.


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