Impala Platinum Holdings Limited · JSE:IMP
Impala Platinum — Corporate Update (February 2011)
6 slides from Impala Platinum's corporate update, Feb 2, 2011
Slide 1: No 20 Shaft Project – Analyst Visit
No 20 Shaft Project ANALYST VISIT 20 SHAFT 2 FEBRUARY 2011 Impala lease area – 20 Shaft Location 1
Slide 2: History and Facts
History • Project approved – September 2004 • Surface terrace construction (phase 1) – October 2004 • Main shaft collar construction & pre-sink – November 2004 • Main shaft sinking – October 2005 • Main shaft equipping – November 2007 • Vent shaft collar construction, pre-sink – April 2005 • Vent sh
Slide 3: Shaft Scope and Layout
Shaft Scope and Layout • 2 Shaft system – main and ventilation • Main shaft bottom 1 051m deep • 10 production levels • Sequential Merensky and UG2 mining from 20 half levels • 185 000 reef tonnes per month • Trackless decline development and conventional stoping Main shaft Ventilation shaft 16 Leve
Slide 4: Shaft Safety
Shaft Safety • LTIFR 6.70 • FFS 780 412 (25 April 2011) • 90 day safety initiative 70 days Safety – Key issues • Blocky ground conditions – Shotcrete or TSL on face before blasting – Installation of split sets with drill rig – Primary barring done with drill rig – Installation of welded mesh with sp
Slide 5: Focus areas – Production
Vent Shaft NO 20 SHAFT PROJECT DEC 2010 Project Milestones Forecast 21 Orepasses complete Nov 2010 Main Shaft 22 Orepasses compete Nov 2010 21 first reef production Jan 2011 22 first reef production Apr 2011 Total decl & incl development planned 14841m WHITE = Complete Metres developed to date 3875m
Slide 6: Capital Cost
Capital Cost PTD Vote Remaining R'm DEC10 Surface Complex 462 405 57 Ventilation Shaft 352 260 92 Main Shaft Equipping 1,060 663 397 Decline Development 1,797 529 1,268 Footprint Development 779 358 422 Indirect Cost 1,492 719 773 Contingency 201 201 Escalation 687 687 Total Cost 6,831 2,934 3,897 6
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