Bokoni completes labour restructuring and lays the foundation for future production growth

VANCOUVER, May 12, 2010- Anooraq Resources Corporation ("Anooraq" or the "Company") (TSXV: ARQ; NYSE Amex: ANO; JSE: ARQ) announces its production and financial results for the three months ended March 31, 2010. This release should be read with the Company's Financial Statements and Management Discussion & Analysis, available at www.anooraqresources.com and filed on www.sedar.com

Highlights for the quarter:
   
    -   Completion of labour restructuring
    -   Foundation laid for production growth from April 2010
    -   Absolute operating costs continue to decrease
    -   Cash operating margin increases by 33%
    -   1.5 million fatality free shifts achieved

The first quarter of the 2010 financial year was primarily focused on the completion of a significant labour restructuring at Bokoni Platinum Mines ("Bokoni"). The restructuring programme was successfully concluded by March 31, 2010, some three months after labour restructuring agreements were reached with the Bokoni trade unions in December 2009�.

To view this news release in its entirety please click on the link below or copy and paste it into your web browser

http://www.anooraqresources.com/im/press_display.asp?Id=2010/12may2010

For further information on Anooraq and its South African properties, please visit our website www.anooraqresources.com or call investor services in South Africa on +27 11 883 0831 or in North America on +1 800 667 2114.

Anooraq Resources Corporation
Philip Kotze
President and Chief Executive Officer
Office: +27 11 779 6800 | Mobile: +27 83 453 0544

Anooraq Resources Corporation
Joel Kesler
Executive: Corporate and Business Development
Office: +27 11 779 6800 | Mobile: +27 82 454 5556


Russell and Associates
Nicola Taylor
Office: +27 11 880 3924 | Mobile: +27 82 927 8957

Macquarie First South Advisers
Melanie de Nysschen
Office: +27 11 583 2000

Best Regards,

Investor Services
Hunter Dickinson

Toll Free: 1-800-667-2114 | Main: 1-604-684-6365
info@hdgold.com | www.hdgold.com

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*Other HD affiliated companies include Amarc, Anooraq, Continental, Farallon, Heatherdale, Northern Dynasty, Rathdowney, Rockwell, and Taseko. Visit us at www.hdgold.com for more information.  To be removed from all of HD�s email lists please reply to this email with �Remove All� in the subject line.
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