ANGLO PLATINUM LIMITED ANGLO PLATINUM LIMITED CONCENTRATORS - - PowerPoint PPT Presentation

ANGLO PLATINUM LIMITED ANGLO PLATINUM LIMITED CONCENTRATORS CONCENTRATORS

ANALYST AND FUND MANAGER VISIT ANALYST AND FUND MANAGER VISIT 27 May 2005 27 May 2005

Location Location

Capacity 30 day month Throughput aver pm 2004 RS Tailings retreatment 400,000 362,000 Frank Plant 155,000 145,000 Waterval Plant 360,000 351,000 Klipfontein Plant 120,000 109,000 Waterval UG2 Plant 400,000 419,000 Ivan Plant 120,000 141,000 Mortimer Merensky Plant 80,000 80,000 Mortimer UG2 Plant 250,000 233,000 Amandelbult Mer Plant 340,000 288,000 Amandelbult UG2 Plant 220,000 210,000 Amandelbult Opencast Plant 30,000 40,000 BRPM Plant 200,000 198,000 PPL Plant 385,000 373,000 LPM UG2 Plant 50,000 64,000 LPM Merensky Plant 80,000 85,000 Modikwa Plant 200,000 197,000 Total 3,390,000 3,295,000 Total number of Employees 3,233 Group Average Cash cost per ton milled R 42 Group Average Cash cost per Refined Pt ounce R 683

Concentrators – Concentrators – capacity and context apacity and context

Concentrator

Safety Achievements Safety Achievements

Le Lebowa bowa

• 466 IFD

Amandelbult Amandelbult - 101 IFD Mortimer - Mortimer - 281 IFD Iva Ivan

• 850 IFD

Klipfontein Klipfontein

• 1038 IFD

Wval Wval UG2 UG2

• 1353 IFD

Wval Wval Mer Mer

• 360 IFD

Frank Frank

• 518 IFD

PPL PPL

• 231 IFD

(IFD – Injury Free Days) Klipfontein won the MMMA safety competition for Category A for having Zero reportable injuries for the period June 03 to July 04. All the other Rustenburg concentrators received a MMMA certificate

• f merit for having Zero reportable injuries for the period June 03 to

July 04

• ISO 14001 Accreditation
• OSHAS 18000 Accreditation

Concentrating Concentrating Strategy Strategy

Concentrating Strategy Concentrating Strategy

• Match capacity to growth profile.
• Match technology to ore type.
• Reduce costs.
• Do it safely.

SHE Strategy SHE Strategy

• Total integration of Safety, Health

and Environment in terms of Systems, People and Infrastructure.

Growth in capacity Growth in capacity

• Group expansion profile is in place.
• New capacity is built as required.
• Introduce technology improvements
• Optimisation over time.

Recovery Recovery Improvement Improvement

Strategic focus on Recovery Strategic focus on Recovery

Process Stability Process Stability

Process Control Drive Process Control Drive Pl Plant rec ant recipes Expert Control Systems Expert Control Systems Particle size measurement Particle size measurement as primary control input as primary control input Pl Plant:Mi ant:Mine bu ne buff ffer er

Process Process Optimisation ptimisation

Pl Plant su ant surveys rveys Circuit configuration- Circuit configuration- 2 2 concentrate & Cr concentrate & Cr2O3 Open circuit cleaning Open circuit cleaning Chemical & mineralo Chemical & mineralogical siz gical size by size on F, T and C by size on F, T and C routinely routinely Modelling Modelling of circuits

• f circuits

Ore typing at pilot pla e typing at pilot plant Reagent Reagent protocols protocols

New technology New technology

Grinding testing Grinding testing programme programme DMS test DMS test programme programme Reagent Reagents development development Launders & circuit desi Launders & circuit design gn

• Close coordination of technical support function with the operating

plants – Technical support, DML & Consulting Metallurgist & R&D ARC- AARL developments – Process Control Group

Enhanced process focus – Fit for Future

Recovery Imperatives Recovery Imperatives

• Consistent Operation
• Focus on Basics
• Sound Circuit Configuration
• Optimise Ore Distribution/Blending
• Grade/Recovery – matching with Smelter
• Enhanced Technical Focus – Fit For Future

Concentrator Manager

Plant Manager Technical Manager Resident Engineer HR Co-ordinator Accountant Shifts Day Shift Leader Section Engineer Environmental Technician Tailings Dam Metallurgist

• Met. Laboratory

Metal Accounting Occupational Hygiene Technologist

More focussed More focussed structure structure

Improve Smelter Recovery Improve Smelter Recovery

• Excess Smelter capacity – Increase mass pull
• Manage closing of window
• Reducing chrome to the Smelter

Mass P Pull vs Rec vs Recover very P Prof

• file

50. 50.00 00 60. 60.00 00 70. 70.00 00 80. 80.00 00 90. 90.00 00 100. 00.00 00 110. 10.00 00 0. 0.00 00 1. 1.00 2.00 00 3. 3.00 00 4. 4.00 00 5. 5.00 6.00 00 Ma Mass P Pull Recovery Recovery KU KU20 LV LVG2 CZD CZD512 KU20 M 20 MP-REC LV LVG2 T TREND CZD CZD TRE TREND

Cost Reduction Cost Reduction

• Increased use of Supply Chain
• Internal/External benchmarking initiatives.
• Cost Awareness Campaign – culture change

Operational Operational Performance Performance

Rustenburg Rustenburg Section ection Anglo Platinum Concentrators Anglo Platinum Concentrators

Concentrator profile supports mining profile

Concentrator Tons Treated

20,000,000 25,000,000 30,000,000 35,000,000 40,000,000 45,000,000 2002 2003 2004 Tons 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% %UG2 Underground Tons Tailings UG2% (excluding WLTR)

Rustenburg Rustenburg Section ection

Combined Head Grade (4E) Excluding Western Limb Tailings

3.00 3.20 3.40 3.60 3.80 4.00 4.20 4.40 4.60 4.80 2002 2003 2004

Combined

Anglo Platinum Concentrators Anglo Platinum Concentrators

Rustenburg Rustenburg Section ection

Head Grade (4E)

• 1.00

2.00 3.00 4.00 5.00 6.00 2002 2003 2004 Platreef Merensky UG2 Tailings

Anglo Platinum Concentrators Anglo Platinum Concentrators

Rustenburg Rustenburg Section ection

Recoveries (4E)

72.00 74.00 76.00 78.00 80.00 82.00 84.00 86.00 88.00 2002 2003 2004

• 5.00

10.00 15.00 20.00 25.00 30.00 35.00 40.00 Platreef Merensky UG2 Tailings

Anglo Platinum Concentrators Anglo Platinum Concentrators

Operating Costs Operating Costs

Rustenburg Rustenburg Section ection

Concentrator Cash Cost per Ton Milled

0.0 10.0 20.0 30.0 40.0 50.0 60.0

Year R/t milled

R/ton milled 38.8 40.5 42.1 2002 2003 2004

Anglo Platinum Concentrators Anglo Platinum Concentrators

Rustenburg Rustenburg Section ection

Concentrator Cash Cost per Equivalent Refined Pt OZ

100 200 300 400 500 600 700 800 Year R/Pt oz R/Pt oz 543 607 683 2002 2003 2004

Anglo Platinum Concentrators Anglo Platinum Concentrators

Key Business Issues Key Business Issues

• Match capacity to growth profile.
• Match technology to ore type.
• Reduce costs.
• Do it safely.

Questions? Questions?