Slide 1: Barberton Mines Presentation
BARBERTON MINES PRESENTATION FEBRUARY 2016
Slide 2: Disclaimer
DISCLAIMER This presentation is provided on a confidential basis. The name 'Presenter' refers to Pan African Resources PLC and its advisors, subsidiaries or affiliated companies. This presentation has not been filed, lodged, registered or approved in any jurisdiction and recipients of this document
Slide 3: Overview of Presentation
OVERVIEW OF PRESENTATION • Overview of Barberton Gold Mines • Safety • Current mining methods • Further exploration potential • Photographs 3
Slide 4: Overview of Barberton Gold Mines
OVERVIEW OF BARBERTON GOLD MINES
Slide 5: Overview of Barberton Mines ('BML')
OVERVIEW OF BARBERTON MINES (‘BML’) • Mining started in 1886 at Sheba Mines – oldest operating mine • Currently BML has three operations i.e. Sheba, New Consort and Fairview • About 24 000 ore tons per month at about 11g/t are treated • Tailings Retreatment Plant (90,000t/m) • Combined gold producti
Slide 6: Locality of BML
LOCALITY OF BML Consort Sheba Fairview (Ward JHW, Wilson MGC 1998 The Mineral Resources of South Africa p352) 6
Slide 7: Total Employees / Contractors
TOTAL EMPLOYEES / CONTRACTORS BML Employees Mining 919 49.0% Mining Capital 159 8.49% Engineering & Cap 299 15.97% Plants 229 12.22% HR & Training/Medical 122 6.51% Technical 80 4.28% Admin 41 2.18% Security 24 1.28% Total 1,873 100.00% Contractors M&R,VTN 257 Security 124 Others 131 Total 512 Grand
Slide 8: Safety Performance
SAFETY PERFORMANCE
Slide 9: Safety Performance
SAFETY PERFORMANCE • An excellent safety record in terms of Lost Time Injury Frequency Rate (LTIFR) and Reportable Injury Frequency Rate (RIFR) • Tragic loss of life at Fairview Mine on 23 April 2015 9
Slide 10: SHEC
SHEC • Focus – Zero Tolerance • Establishment of an Effective Safety Culture • Objective Safety should become second nature Involvement of all employees Honesty & Sincerity – care for our employees • Safety Action Plan 10
Slide 11: SHEC (continued)
SHEC (CONTINUED) • Foundation – Health Pillars Supervision Discipline Communication Systems • Tri Partite – Effective involvement of Employer, Employees and DMR 11
Slide 12: Current Mining Methods
CURRENT MINING METHODS
Slide 13: Current Mining Methods
CURRENT MINING METHODS • Mechanised Mining – Cut and fill (90%) Breast & Updip • Open Stoping – Conventional Mining (10%) • Shrinkage Mining (0%) 13
Slide 14: Current Mining Method
CURRENT MINING METHOD • Mechanised Mining – Cut and fill (90%) Waste from infrastructure development is hauled back into stope for fill (Ramp system and Access cross cut which is then fan lifted) 55% of reef tons removed equates to waste tonnage requirement for waste fill (Development meters req
Slide 15: Current Mining Method
CURRENT MINING METHOD Simplified section view of stoping/mining layout 15
Slide 16: Current Mining Method
CURRENT MINING METHOD Simplified plan view of stoping/mining layout 16
Slide 17: Current Mining Method
CURRENT MINING METHOD Close up simplified section of reef intersection STEEP OREBODY 15m x 25 ton ANCHORS INTO THE OREBODY FIRST CUT THROUGH OREBODY 6m x 25 ton ANCHORS INTO THE FLOOR 4.5m ANCHORS INTO SIDEWALL AND A CONCRETE PLUG WITH HOIST ROPE AND WELDED MESH 17
Slide 18: Current Mining Method
CURRENT MINING METHOD Close up section of floor support in 1st cut 18
Slide 19: Current Mining Method
CURRENT MINING METHOD Close up plan view of floor support in 1st cut 19
Slide 20: Current Mining Method: Stoping cycles
CURRENT MINING METHOD Stoping cycles 20
Slide 21: Current Mining Method
CURRENT MINING METHOD Close up section of floor support in 1st cut 21
Slide 22: Current Mining Method
CURRENT MINING METHOD Section along strike of stope showing Breast mining & Updip mining 22
Slide 23: Fall of Ground Measures
FALL OF GROUND MEASURES • Mechanised Mining – Cut and fill (90%) Back areas are filled with waste therefore overall stability of the stopes is good At Fairview, mining is at about 1800m below surface and no seismic related activities have been noted Only the current stope face area is exposed
Slide 24: Fairview Section
FAIRVIEW SECTION • The MRC is the second richest orebody in the world • Current life of orebody is 26 years which exceeds the BML life of mine • There is potential for MRC to continue at depth 24
Slide 25: Fairview
FAIRVIEW The top 10 highest grade underground gold operations Published in MINING.COM on 16 July 2015 Source: Mining.com - http://www.mining.com/the-worlds-highest-grade-gold-mines/ 25
Slide 26: Fairview
FAIRVIEW The top 10 highest grade underground gold operations (What the table should look like in reality) *Ore reserves are Proven + Probable, except Kedrovka, where A + B categories calculated 26
Slide 27: Photographs
PHOTOGRAPHS
Slide 28: Start of the Golden Quarry - Sheba
START OF THE GOLDEN QUARRY - SHEBA 28
Slide 29: Edwin Bray Adit in Progress
EDWIN BRAY ADIT IN PROGRESS 29
Slide 30: Edwin Bray Adit (Still in Use)
EDWIN BRAY ADIT (STILL IN USE) 30
Slide 31: Fairview Main Adit
aks PANATRICAN FAIRVIEW MAIN ADIT
Slide 32: New Consort – 1 Level
NEW CONSORT – 1 LEVEL 32
Slide 33: New Consort – Main Adit (+-60 Yrs Old)
NEW CONSORT – MAIN ADIT (+-60 YRS OLD) 33
Slide 34: Sheba Mine - ZK Vertical Shaft
SHEBA MINE - ZK VERTICAL SHAFT 34
Slide 35: BIOX Plant
BIOX® PLANT 35
Slide 36: Barberton Tailings Retreatment Plant – 'BTRP'
BARBERTON TAILINGS RETREATMENT PLANT – ‘BTRP’ 36
Slide 37: Thank You
A e SY PAN AFRICAN RESOURCES pic THANK YOU ett ane “S he