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Cerrejon Coal Shareholders Welcome Outcome of Independent Review of Social Performance

Author: Carbones del Cerrejón Limited (Cerrejón), Published on: 6 March 2008

Carbones del Cerrejón Limited - Cerrejón - and its shareholders, Anglo American, BHP Billiton and Xstrata Coal, welcome the publication of an independent review of Cerrejón’s social engagement...The report highlights a number of areas of good practice by Cerrejón including: the operation’s...commitment to contributing to the sustainable development of local communities; its extensive human rights training programme for employees, contractors, police and army representatives...The report also identifies areas in which the mine could enhance its social practices, including...[to] facilitate reconciliation between the disparate groups formed by the former inhabitants of the village of Tabaco and address the current situation of all former residents through a consultative, participatory process...Anglo American, BHP Billiton and Xstrata Coal made the following joint statement..."As shareholders in Cerrejón, each of our companies welcomes the generally favourable observations made by the Panel...Cerrejón’s management team and its shareholders are committed to carrying forward the Panel’s recommendations with vigour and we look forward to the publication of Cerrejón’s detailed response and action plan at the end of this month..."

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Related companies: Anglo American BHP Billiton Cerrejón Coal (joint venture Anglo American, BHP Billiton, Glencore) Xstrata (part of Glencore)