aurora closes mine 31 october 2010 v3

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Press Release For immediate release 31 March 2010 Aurora Empowerment Systems (Pty) Ltd “Aurora” AURORA TO TEMPORARILY CLOSE EAST RAND MINE Today as a result of industrial action at the Grootvlei mine in Springs, the members of the South African Police Services had to intervene in order to prevent the destruction of mine property and ensuing violent conflict. As a consequence certain arrests were affected. In light thereof, Aurora have taken a decision to suspend all operations at Grootvlei mine. In its engagement at Grootvlei mine, Aurora have sought to engage with all stakeholders, vis a vis, the Unions, Funders, the Liquidators, Creditors and other affected parties with a view to Aurora acquiring the mine seamlessly and without upheaval. To this end Aurora is committed to resolving any disputes and ensuring that stakeholders rights are protected. In the midst of difficult economic circumstances this remains a challenge, though Aurora is confident that it would be able to accommodate the various stakeholders in finding a solution at Grootvlei. Contact for further details: Aurora Empowerment Systems (Pty) Ltd Strategic issues: Mr Zondwa Mandela 082 997 3192 Mining Operations Mr Dawid Stander 082 903 5121.

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Press Release regarding the closure of Aurora mine

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Page 1: Aurora closes mine 31 October 2010 v3

Press Release – For immediate release

31 March 2010

Aurora Empowerment Systems (Pty) Ltd “Aurora”

AURORA TO TEMPORARILY CLOSE EAST RAND MINE

Today as a result of industrial action at the Grootvlei mine in Springs, the members of the South

African Police Services had to intervene in order to prevent the destruction of mine property and

ensuing violent conflict.

As a consequence certain arrests were affected. In light thereof, Aurora have taken a decision to

suspend all operations at Grootvlei mine.

In its engagement at Grootvlei mine, Aurora have sought to engage with all stakeholders, vis a vis,

the Unions, Funders, the Liquidators, Creditors and other affected parties with a view to Aurora

acquiring the mine seamlessly and without upheaval. To this end Aurora is committed to resolving

any disputes and ensuring that stakeholders rights are protected.

In the midst of difficult economic circumstances this remains a challenge, though Aurora is confident

that it would be able to accommodate the various stakeholders in finding a solution at Grootvlei.

Contact for further details: Aurora Empowerment Systems (Pty) Ltd Strategic issues: Mr Zondwa Mandela 082 997 3192 Mining Operations Mr Dawid Stander 082 903 5121.