26th Apr 2005 16:00
Anglo American PLC26 April 2005 News Release 26 April 2005 Transactions regarding Hudbay Minerals and Knight Resources Anglo American plc ("Anglo American") announces that its subsidiary, TaurusInvestments, S.A., sold on the Toronto Stock Exchange 5,777,777 common shares ofHudbay Minerals Inc. ("Hudbay") and 86,666,666 warrants to purchase commonshares of Hudbay, for a total cash consideration of C$19.8 million (approx.US$16 million). These common shares and warrants were part of the considerationfor the sale by Anglo American of Hudson Bay Mining and Smelting Co. in December2004, and completes the disposal of all the Group's interest in Hudbay. In a separate transaction in Toronto, Anglo American Exploration (Canada)Limited ("AAEC"), a subsidiary of Anglo American, recently acquired 1,840,000common shares of Knight Resources Ltd. ("Knight"), through a non-brokeredprivate placement, for a cash consideration of US$452,000, taking its totalstake in Knight to 10.38%. For further information: Anglo American - London Investor Relations Media Relations Charles Gordon Kate Aindow Tel: +44 207 968 8933 Tel: +44 207 968 8619 Anglo American - Johannesburg Investor Relations Media Relations Anne Dunn Daniel Ngwepe Tel: +27 11 638 4730 Tel: +27 11 638 2267 Notes to Editors: Anglo American plc is one of the world's largest mining and natural resourcegroups. With its subsidiaries, joint ventures and associates, it is a globalleader in platinum group metals, gold and diamonds, with significant interestsin coal, base and ferrous metals, industrial minerals and paper and packaging.The group is geographically diverse, with operations in Africa, Europe, Southand North America, Australia and Asia. (www.angloamerican.co.uk) This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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