Anglo American South Africa, AngloGold Agree on Silicosis Deal

  • Mining companies to pay 464 million rand into trust for miners
  • Settlement is separate from class-action suit in Johannesburg
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Anglo American Plc’s South African unit and AngloGold Ashanti Ltd. have agreed to settle some lung-disease claims for more than 500 million rand ($32 million).

The settlement comes after 4,365 former employees sued the mining companies, saying they contracted dust-related lung diseases such as silicosis and tuberculosis while working in unsafe conditions, Leigh Day, a U.K.-based law firm, said in an e-mailed statement. The settlement is separate from a class-action lawsuit currently being evaluated at Johannesburg’s High Court.