African Minerals Ltd Media Reports (8832I)

TIDMAMI

RNS Number : 8832I

African Minerals Ltd

05 June 2014

For Immediate Release

African Minerals Limited

("African Minerals", "AML", or "the Company")

Media Reports

African Minerals notes recent various media reports regarding Ebola in Sierra Leone.

AML confirms that its operations and workforce at the Tonkolili integrated mine, rail, port and marine remain unaffected. The health and safety of our staff and contractors is of paramount importance.

The Company had already implemented various procedures and initiatives to safeguard its operations and workforce, prior to confirmation of Ebola cases in Sierra Leone. The risk level remains at its lowest 'green' ranking, and AML has prepared comprehensive contingency plans for all operations and employees, in the event that this risk level changes, to allow our operations to continue unaffected.

AML continues to comply with all World Health Organisation recommendations and is communicating continuously with all appropriate international and Government organisations.

The Company notes that neither the Foreign and Commonwealth Office nor the World Health Organisation has advised of any travel restrictions to Sierra Leone and international commercial and carrier airlines continue to operate with unchanged schedules to and from Freetown.

The Tonkolili operations are over 200km from the remote affected area around Kailahun, which lies on the eastern border between Sierra Leone and Liberia. Company transport to and from the affected areas has been suspended.

Based on information received from Government organisations, the Ministry of Health in cooperation with the World Health Organisation continues to control and monitor the affected areas, in which Ebola is being contained.

The Executive Chairman, Chief Executive Officer and all senior staff continue to travel as normal to and from the operations.

Contacts:

African Minerals Limited

+44 20 3435 7600

Mike Jones

Tavistock Communications

+44 20 7920 3150 / +44 077 1516 4296

John West / Jos Simson / Nuala Gallagher

Jefferies

+44 20 7029 8000

Nick Adams / Alex Collins

About African Minerals

African Minerals operates the Tonkolili Iron Ore Project (the "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 a number of staged expansions. The current Project operations are expected to produce 20 million tonnes of iron ore per annum at full capacity, with this run-rate of production having first been achieved in June 2013.

The next stage of Project expansion, Phase II, now intends production to increase further and include the production of a high grade concentrate with the first concentrator plant expected to enter production in 2016.

The Company has also developed significant port and rail infrastructure to support the operation of the Project, via its subsidiary African Rail and Port Services (SL) Limited ("ARPS"), in which the Government of Sierra Leone ("GoSL") has a 10% free carried interest.

The Project companies are currently owned 75% by AML, and 25% by Shandong Iron and Steel Group ("SISG"), except for ARPS, which is currently owned 75% by AML and 25% by SISG, with the GoSL having the right to a 10% free carried interest from AML.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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