Investor and Analyst Site Visit 12 th April 2010 1 Mogalakwena - - PowerPoint PPT Presentation

investor and analyst site visit 12 th april 2010
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Investor and Analyst Site Visit 12 th April 2010 1 Mogalakwena - - PowerPoint PPT Presentation

Mogalakwena Platinum Mine Investor and Analyst Site Visit 12 th April 2010 1 Mogalakwena Platinum Mine Agenda Our Values Management Team Orientation Overview Safety Mining Concentrator Social


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Mogalakwena Platinum Mine

Investor and Analyst Site Visit 12th April 2010

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Mogalakwena Platinum Mine

Agenda

  • Our Values
  • Management Team
  • Orientation
  • Overview
  • Safety
  • Mining
  • Concentrator
  • Social Responsibility
  • Financial Highlights
  • Conclusion
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Our Values

Safety Deliver on promises Caring Honesty & integrity Team work Passion & pride

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Management Team

Barry Davis Senior Concentrator Mng Manie Potgieter North Concentrator Mng Ashina Balram South Concentrator Mng Ted Muhajir General Manager Hendrik v Niekerk Production Mng Wanda v Zyl Protection Serv Mng Thembisile Nkadimeng Communities Frank Pieterse SHE Mng Tumi Mbatha Mng Finance Vijay Kumar MTS Mng Shela Ledwaba HR Mng Bertus Schoeman Mng Engineering Mng Engineering Projects William Matlhope

M i n i n g C

  • n

c e n t r a t

  • r
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Management Team

  • Over 150 Years mining experience
  • Global management Experience
  • Over 50% HDSA
  • 40% Women
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Orientation

Mogalakwena Platinum Mine

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Locality of Mogalakwena Platinum Mine

MOGALAKWENA MINE

BOKONI MINE TUMELA & DISHABA MINES

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Mogalakwena Platinum Mine

  • Largest Open-pit Platinum Mine in the world
  • Medium-size mature open pit operation, capable of breaking

and moving over 100Mt of hard rock.

  • Largest hydraulic shovels in the world.
  • Some of the largest trucks in Africa.
  • Highest Basket price in AP.
  • Lowest operating cost per ton milled.
  • Building up to 400,000 oz capacity.
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Mogalakwena Platinum Mine

  • Ore Reserves > 500Mt
  • Measured & Indicated Ore Resources > 1,106 Mt
  • LOM > 55 Years
  • +1.6 Million Fatality free shifts.
  • 4 LTI’s for the year 2009.
  • Winner of Anglo Platinum Environmental award(2009).
  • Comprehensive community engagement and development

programme.

  • > 95 % of employees from within 50 km radius.
  • Water availability
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  • Mogalakwena: embedded flexibility

– Acceleration / Deceleration – Low cost operation – Highest basket price Mogalakwena Platinum Mine

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Mogalakwena Platinum Mine

SAFETY

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Safety Performance

Concentrator LTI's versus Tons Milled

  • 2,000,000

4,000,000 6,000,000 8,000,000 10,000,000 12,000,000

Tons Milled

1 2 3 4 5 6

LTI's Tons Milled 4,535,000 4,595,000 4,187,000 7,180,000 9,722,000 LTI's 5 1 3 3 2005 2006 2007 2008 2009

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Safety Performance

Mining LTI's versus Tons Mined

  • 20,000,000

40,000,000 60,000,000 80,000,000 100,000,000 120,000,000

Tons Mined

1 2 3 4 5 6 7 8

LTI's Tons Mined 56,799,168 66,135,825 87,727,047 101,785,536 32,988,627 LTI's 6 6 1 7 1 2005 2006 2007 2008 2009

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Mining

Mogalakwena Platinum Mine

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Mogalakwena Platinum Mine – Mining Lease Area

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  • Strike Length

– 21km

  • Dip

– 42o- 45o

  • Depth

– Outcrop to +500masl

  • Ore Width

– 20 – 80m

  • Total Conc. Capacity

– 985 ktpm

Resources & Reserves

Reef Tonnes (Mt) Grade (g/t 4E) Tonnes (Mt) Grade (g/t 4E) Platreef Ore Reserves Proved 317.4 3.28 274.5 3.21 Proved Primay Ore Stockpiles 16.6 2.65 20.6 2.58 Probable 174.6 3.12 112.8 3.56 508.6 3.20 407.9 3.27 Platreef Ore Resources Measured 192.9 1.95 152.4 1.85 Indicated 915.0 2.14 898.8 2.13 Inferred 1,160.6 1.89 1,331.3 1.89 2,268.5 2.00 2,382.5 2.00 2009 2008

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Pit Layout - Sandsloot

  • Remaining life of pit : 1

years

  • Bench height 15m
  • Current depth 255m
  • Planned depth 270m
  • Current length 1,700m
  • Current width 600m
  • Extension under review
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Pit Layout – Zwartfontein South

  • Remaining life of pit : 21

years

  • Bench height 10m
  • Current depth 120m
  • Planned depth 260m
  • Current length 1,500m
  • Current width 450m
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Pit Layout – Mogalakwena

  • Remaining life of pit +39 years
  • Bench height 15m
  • Current depth 100m
  • Planned depth 500m
  • Current length 1500 m
  • Planned length 7,000m
  • Current width 350m
  • Planned width 1,200m
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Significant Risks and Mitigation

  • Delayed Relocation: Negotiation at advanced stage, Plan

B in place.

  • Lightning: Advance warning systems.
  • Slope Stability: Radars etc
  • Trackless Mobile Machinery: Collision Avoidance System.
  • Blasting/Explosives: Electronic detonators etc.
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Mining Sequence

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Tonnes Mined

*

Tonnes mined

20,000 40,000 60,000 80,000 100,000 120,000 Tonnes mined 29,631 39,672 48,444 54,026 56,799 66,136 87,727 101,786 32,989 2001 2002 2003 2004 2005 2006 2007 2008 2009

Gearing up for the 2nd concentrator

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Tonnes Milled

Tonnes milled

2,000 4,000 6,000 8,000 10,000 12,000 Tonnes milled 4,375 4,465 4,470 4,535 4,595 4,187 7,180 9,722 2002 2003 2004 2005 2006 2007 2008 2009

Commissioning of 2nd concentrator

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Equivalent Refined Platinum Ounces

Equivalent Refined Pt oz 50,000 100,000 150,000 200,000 250,000 Equivalent refined Pt oz 191,774 200,081 205,323 191,262 163,488 188,104 237,279 2003 2004 2005 2006 2007 2008 2009

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Largest Electrical Hydraulic Face Shovel in the World

9 Hydraulic Shovels

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One of the Largest Electric Drive Trucks in Africa

  • 49 Trucks
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Mining Technology

In-pit Surveillance

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Mining Technology

Aquila

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Mining Technology

Load Metrics Radars HPGPS

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Concentrator

Mogalakwena Platinum Mine

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Mogalakwena North Concentrator

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Mogalakwena North Concentrator

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Process Flow Diagram

45000t 3000t 18 x 36m 15000t 18 x 36m 15000t Krupp Polysius 22/16-8 2.85MW 3.66 x 8.23m Top: 15x55mm Bot: 8 x 25mm 3.66 x 8.23m Top: 85 x 85mm Bot: 40 x 52mm 2.044 x 4.88m 80mm Fuller Tralor 60 x 113 1000kW 3 x PF 144/144 35m High Rate – 22kW

100 m3 130 m3 40 m3 40 m3

4 x 12.5m dia Ultra High Rate 6 x 12/10 FF-AHP-R 3 x Sandvik Hydrocone CH880 crushers 600 kW, Nominal capacity 1342 tph FLS, 7.925 x 11.278m EGL Gearless drives 17.5 MW (ABB), Prim Grate & Sec Overflow Ball load 33% (Prim 70mm & Sec 40mm) Nominal capacity 900tph (current max 1050tph)

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Overview

  • Biggest single stream Platinum Concentrator in the World

(600ktpm).

  • Decision to build a single stream plant required some ground-

breaking technology…..

  • First:

– HPGR installation for a platinum ore body – Gearless drive mills in Anglo Platinum

  • Biggest:

– Primary Gyratory crusher 60’’ with a 1000kW motor – Ball Mills in the world 26’ø x 37.6’ EGL with 17.5MW gearless drive – Centrifugal blower installation in Africa – Mill discharge pumps in SA – 1,45MW motors with gearbox drive – HPGR in Africa with the largest installed power in the world (2 x 2.85MW)

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Energy Efficient Design

  • Ultra high rate thickeners for tailings disposal
  • High efficiency motors installed

– More work per unit of electricity consumed

  • Day-night switches for lights
  • “Ready to float” material can bypass primary milling stage:

– Creates additional primary milling capacity or save energy on primary milling stage – No energy waste to pass sufficiently liberated material through primary mill (incl. metallurgical benefits)

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Social Economic Development

Mogalakwena Platinum Mine

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Social Economic Development

  • Social Economic

Assessment Tool in place

  • Social and Labour plan in

place

  • Strong focus on

Sustainable / Equitable community projects

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Financial Highlights

2005 2006 2007 2008 2009

Average Pt basket price (Mogalakwena Mine) R/oz 10,574 16,626 21,046 25,046 19,000 Average Pt basket price (Anglo Platinum) R/oz 8,871 13,852 18,167 22,348 14,115 Cash-on-mine cost / Ton Milled (Mogalakwena Mine) R/ton 219 208 282 288 196 Cash-on-mine cost / Ton Milled (Anglo Platinum) R/ton 273 296 388 475 453

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  • Creation of low cost, flexible operation over the last 5 years.
  • Ability to respond to market condition in shortest time.
  • Constantly evaluating growth opportunities within the group

guidelines. Conclusion

Geared to deliver “Safe , Profitable Platinum”