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25 Sep 2013

Ana Monteiro, Bloomberg

Anglo Settles South Africa Lung-Disease Claims by 23 Gold Miners

Anglo American Plc’s South African unit reached a cash settlement with 23 miners who contracted lung diseases when working at its operations, the first such accord in the nation, lawyers led by Leigh Day & Co. said. Leigh Day sued Anglo American in 2004 on behalf of 18 former miners and widows of workers at its President Steyn mine…Today’s settlement, which is confidential, includes the claimants from President Steyn and five others who worked on other Anglo mines…Seven of the 23 claimants have died since 2004…The settlement is separate from a class-action suit the company faces…“Agreeing to settle this long-standing litigation is in the best interests of the plaintiffs, their families, Anglo American South Africa and its wider stakeholders,” Khanyisile Kweyama, an executive director at Anglo’s South African unit, said in a statement.