Twickenham Platinum Mine Presentation to Analysts 5 September 2007 - - PowerPoint PPT Presentation

Twickenham Platinum Mine Presentation to Analysts

5 September 2007

2 World leader in Platinum

Agenda

• Location
• Surface Infrastructure
• General Overview
• Performance Overview
• Community Engagement

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Twickenham Mine - Location

AMANDELBULT UNION BAFOKENG/RASIMONE STYLDRIFT JV RUSTENBURG POTGIETERSRUST PLATINUMS LIMITED TWICKENHAM DER BROCHEN LEBOWA PLATINUM MINES

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LIMPOPO MPUMALANGA GAUTENG NORTH-WEST

RUSTENBURG

PRETORIA

WITBANK MOKOPANE (POTGIETERSRUS) POLOKWANE (PIETERSBURG) BELA BELA (WARMBATHS)

NORTHAM PANDORA JV BOOYSENDAL JV MODIKWA

BURGERSFORT LYDENBURG

GA PHASHA JV

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Botswana Zimbabwe Mozambique Namibia

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Republic

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South Africa Polokwane Smelter Union Smelter Wateval Smelter

Legend

Mining Licences Joint Venture Prospecting Permits Lonmin PLC Northam Platinum Limited Southern Platinum Impala Platinum Mines

50 25 Kilometres

Locality Map

4 World leader in Platinum

Twickenham Mine - Location

MIDDE MIDDELPUNT UNT UM UMKOANES ANESTA TAD BRA BRAKFO FONT NTEIN KL KLIPFONTEI IPFONTEIN PASCH SCHASKRA SKRAAL AL TW TWICKE KENHA NHAM HAC HACKNEY NEY SU SURB RBITON ON AVO AVOCA DE KAM DE KAMP BALM BALMORAL ORAL ZE ZEEKOE EKOEGAT GAT DIAMAND DIAMAND

Twickenham Mine Lease Area

Hackney Declines Twickenham Declines

5 World leader in Platinum

Twickenham Mine – Surface Infrastructure

TWICKENHAM AIRSTRIP HACKNEY SHAFT HACKNEY SHAFT TWICKENHAM SHAFT TWICKENHAM SHAFT INTERSHAFT ROAD AND SERVITUDE DOWNCAST VENT SHAFT ESKOM OVERHEAD POWERLINES

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• k

w a n e

UPCAST VENT SHAFT CENTRAL OFFICES AREA CLIENTS LAYDOWN AREA CONTRACTORS LAYDOWN AREA MAIN ACCESS ROAD MOPETSI CAMP COMPRESSOR STATION SEWER TREATMENT PLANT CENTRAL SECURITY COMPLEX SERAFA CAMP CONCENTRATOR PLANT ESKOM SUBSTATION

T

• B

u r g e r s f

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LEBALELO PIPELINE

R37

EARLY MINING DOWNCAS T VENT SHAFT UPCAST VENT SHAFT REVISED ESKOM POWERLINE S

GRAVEYARD

ESKOM JANUS SUBSTATION SITE A

6 World leader in Platinum

Twickenham Mine - General Overview

History

• Investment proposal approved by AAplc board in September 2001
• Two decline shaft systems and Serafa Hill
• 100 000 tons per month from each decline shaft system
• 50 000 tons per month from Serafa Hill
• Original design
• Trackless decline access
• Ore removal by means of conveyor
• Personnel transport by means of chairlift
• Trackless footwall access on the levels
• Down dip conventional stoping
• Production output planned at 250 000 tons per month
• Refined Pt ounces planned at 160 000 per annum
• Economics necessitated the review of all expansion projects in Anglo Platinum

during second half of 2003

• Decision taken to slow down project development in December 2003

7 World leader in Platinum

Twickenham Mine – General Overview

• Limited surface infrastructure established
• Access roads
• Electrical power distribution
• Offices at Hackney Shaft
• Conveyor installed in decline up to RAW level at Hackney Shaft
• Decline portals established and declines advanced to:
• Hackney Shaft 760m
• Twickenham Shaft 240m
• Early mining operation at Hackney Shaft
• Planned production output of 20 000 tons per month
• Planned to deliver 1300 Pt ounces to concentrator per month
• Approx 500 employees
• Development of Mining Training Centre East at Twickenham Shaft

Current Situation

8 World leader in Platinum

Twickenham Mine - General Overview

• Feasibility study completed and in internal review process
• Project scheduled to be presented to AAplc board for approval in 2008
• Two decline shaft systems
• Hackney Shaft
• Twickenham Shaft
• Each shaft system consists of three barrels located 30m in the footwall
• Trackless access
• Conveyor belt for ore removal
• Chairlift for people transport
• Footwall access on levels
• Breast stoping
• Concentrator constructed on site
• Approx 5000 employees

Planned Future

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Twickenham Mine – Performance Overview

LTIFR (per 200 000 hours)

0.2 0.4 0.6 0.8 1 1.2 1.4 1.6 1.8 2005 2006 2007 LTIFR

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Twickenham Mine – Performance Overview

IMA / IMS Face Length

200 400 600 800 1000 1200 1400 2 4 2 5 2 6 2 7 J a n

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F e b

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M a r

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M a y

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D e c

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m IMS FL IMA FL

11 World leader in Platinum

Twickenham Mine - Performance Overview

Stoping m2

1000 2000 3000 4000 5000 6000 2 4 2 5 2 6 2 7 J a n

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F e b

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m2

• Lack of IMS face length
• Disruption related to change of conditions of employment (Fixed Term Contractors to Enrolled)
• Services disruptions due to temporary infrastructure

12 World leader in Platinum

Twickenham Mine - Performance Overview

Tons Delivered to Concentrator Stocks

5000 10000 15000 20000 25000 2 4 2 5 2 6 2 7 J a n

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F e b

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M a r

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Tons

• Additional low grade development tons delivered to concentrator to partially offset shortfall from stopes

13 World leader in Platinum

Twickenham Mine - Performance Overview

Tons Milled

5000 10000 15000 20000 25000 2 4 2 5 2 6 2 7 J a n

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F e b

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Tons

• Lebowa concentrator able to mill more tons than anticipated

14 World leader in Platinum

Twickenham Mine - Performance Overview

Stoping Width

75 80 85 90 95 100 2 4 2 5 2 6 2 7 J a n

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F e b

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M a r

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cm

• Increase due to mining in an area where the parting between the TRC and leader 1 has increased
• In stope bolting system being developed to address this situation in the future (Qtr 2 2008)

15 World leader in Platinum

Twickenham Mine - Performance Overview

Pt Ounces in Concentrate

200 400 600 800 1000 1200 2004 2005 2006 2007 Jan-07 Feb-07 Mar-07 Apr-07 May-07 Jun-07 Jul-07 Aug-07 Sep-07 Oct-07 Nov-07 Dec-07 Pt Ounces

• Lebowa concentrator able to mill more tons than anticipated

16 World leader in Platinum

Twickenham Mine – Community Engagement

• Improving relationship with communities and managing their expectations
• Recruitment strategy
• Social investment
• Local procurement
• Lease payments
• Relocated families
• Community engagement structure to be established with representatives from:
• Tribal Authorities
• Local Government (Political and Administrative)
• Mine Representatives

17 World leader in Platinum

End