World Leader in Platinum Facility Visit March 2003
ANGLO AMERICAN PLATINUM CORPORATION
FACILITY VISIT: Eastern Limb
5 March 2003
A member of the Anglo American plc group World Leader in Platinum Facility Visit March 2003
DER BROCHEN PROJECT AREA
Mike Rogers Programme Manager
A member of the Anglo American plc group World Leader in Platinum Facility Visit March 2003
Groot-Dwars River Valley World Leader in Platinum Facility Visit March 2003
AGENDA
z The Der Brochen project area z History and background z Geology and resource z Mining strategy z Environment z Regional Infrastructure World Leader in Platinum Facility Visit March 2003
BUSHVELD COMPLEX EASTERN LIMB
Twickenham & Paschaskraal JV
Modikwa Mine
Der Brochen & Booysensdal JV World Leader in Platinum Facility Visit March 2003
SATELLITE IMAGE: TOPOGRAPHY World Leader in Platinum Facility Visit March 2003
UG2 DER BROCHEN RICHMOND 3 70 KT M e ren sky PROJECT AREA ST GEORGE 2 JT
HELENA 6 JT
HERMANS DAL 3 JT
DER BROCHE N 7 JT HEBRON 5 JT DER BROCHEN PROJECT AREA JOHANNESBERG 45 JT
BOOYSENDAL 43 JT
PIETERSBURG 44 JT
UYSEDOORNS 47 JT
BUTTONS HOPE 51 JT
DRAAIKRAAL 48 JT SHEEPRUN 50 JT N
052.5 KLIPRIVIER 73 JT Kilometres World Leader in Platinum Facility Visit March 2003
BACKGROUND
z Southernmost exposure of Eastern Limb of the Bushveld Complex
z Hans Merensky explored and excavated adits during 1920s
z JCI drilled exploration holes between 1981 and 1999
z Anglo Platinum embarked on major exploration and evaluation campaign in April 2001 World Leader in Platinum Facility Visit March 2003
GEOLOGY
Current Campaign:
z Drilled 221 holes (plus deflections,) 111 kilometres
z Ground mapping (outcrop and structure), aerial photography, aeromagnetic survey – structural mapping and modeling
z Mapping to date of 1000m of old Merensky adits
z Resource modeling and estimation World Leader in Platinum Facility Visit March 2003
RESOURCE
z World class resource over 25 km on strike x 8 km on dip
z Both Merensky and UG2 reefs, dipping 9O to west
z Favourable prill split : UG2: average 54% Pt
z Resource statements updated in annual report World Leader in Platinum Facility Visit March 2003
MINING STRATEGY
z Phase 1: Der Brochen Mine – UG2 reef commencing end 2006 z Mine layout and stoping method as per Modikwa and Twickenham z Phase 2: Booysendal Mine – UG2 reef commencing end 2007 z Booysendal mine layout in conjunction with JV partner World Leader in Platinum Facility Visit March 2003
IMPACT OF MINING CHARTER
z Bill seeks participation in new mining projects through HDSA companies, as well as social plans / commitments by mining companies
z Negotiations with government resulted in split of:
z Der Brochen Mine (north) - 100% Anglo Platinum
z Booysendal Mine (south) - 50% Anglo Platinum - 50% HDSA company
z Currently negotiating with HDSA company to establish JV World Leader in Platinum Facility Visit March 2003
UG2 BOOYSENDAL JV &
RIC HM OND 370 KT Merensky DER BROCHEN Der BrochenST GEO RGE 2 J T Project PROJECTS 100% AngloHEL ENAPlatinum 6 JT
HERMANSDAL 3 JT
DER BROCH EN 7 JT
HEBRO N 5 JT
JOHANNESBUR G 45 JT
BOOYSENDAL 43 JT
PIETERSBURG 44 JT
UYSEDOBooysendal ORN S 47 JT BUTTONS H OPE 51 JT 50:50 JV
DRAAIK RAAL 48 JT
SHEEPRUN 50 JT
DER BROCHEN PROJECT AREA
KLIPRIVIER 73 JT World Leader in Platinum Facility Visit March 2003
SOCIAL IMPACT
z Focus on sustainable development
z Creation of approximately 5000 direct jobs in a relatively depressed area
z Training and development on-mine and at new Anglo Platinum Eastern Bushveld facilities
z Strengthening of social infrastructure in local towns (Jane Furse, Steelpoort, Burgersfort, Martenshoop, Lydenburg)
z Local SME development and utilisation targets World Leader in Platinum Facility Visit March 2003
CONCLUSION
z World class resource z Completion of feasibility study and board approval during 2003 z Output commences end 2006 z Unique opportunity to develop model operations with a HDSA partner in an economically depressed and environmentally sensitive area z Sound governance through Anglo Platinum, in liaison with national government, regional and local authorities World Leader in Platinum Facility Visit March 2003 Groot-Dwars River Valley World Leader in Platinum Facility Visit March 2003
ANGLO AMERICAN PLATINUM CORPORATION
Regional Infra-structure Co-ordination Project
5th March 2003 World Leader in Platinum Facility Visit March 2003
REGIONAL INFRA-STRUCTURE CO-ORDINATION PROJECT Background z Interested parties : - Anglo Platinum - Other - Pt & Cr producers - Government – National and Provincial - Municipalities – District and Local - Traditional leaders -Communities z Legal framework : - Development Facilitation Act (DFA) - Town & Town Planning Ordinance - Municiple Structures Act World Leader in Platinum Facility Visit March 2003
REGIONAL INFRA-STRUCTURE CO-ORDINATION PROJECT Background (cont): z Integrated Development Plan (IDP) for district and local municipalities z Sustainable development : HOLISTIC APROACH TO DEVELOPMENT OF DISTRICT : - Economic (planning and infrastructure) - Environmental - Social - Governance (policies and institutional capacity) World Leader in Platinum Facility Visit March 2003
REGIONAL DEVELOPMENT World Leader in Platinum Facility Visit March 2003 REGIONAL INFRA-STRUCTURE CO-ORDINATION PROJECT
z Joint Development Forum : - Steelpoort Producers Forum - Sekhukhune District Municipality z Co-ordination of: - Municipalities IDP’s - Mines infra-structure development z The Greater Tubatse Local Municipality studies: - water - environmental management - spatial development - transport - waste management - institutional development World Leader in Platinum Facility Visit March 2003 REGIONAL INFRA-STRUCTURE CO-ORDINATION PROJECT
Anglo Platinum potential infra-structure requirements z Electrical power - 69 MVA to 432 MVA in 3 years z Water - 8 Ml/day to 62 Ml/day in 4 years z Accommodation - 1500 in Burgersfort in 5 years z Transport - Roads (R37) - Railway - Commuters z Telecommunications - Voice & data World Leader in Platinum Facility Visit March 2003 REGIONAL INFRA-STRUCTURE CO-ORDINATION PROJECT
Anglo Platinum potential infra-structure requirements z Human resource development : - Engineering Skills Training Centre - Anglo Platinum Development Centre - Underground Training Centre z Social economic development : -Aids - HDSA considerations - Collaboration in community facilities z Supply chain World Leader in Platinum Facility Visit March 2003
DER BROCHEN PROJECT AREA
Questions
A member of the Anglo American plc group