Royal Bafokeng Platinum — Technical Presentation (December 2011)
21 slides from Royal Bafokeng Platinum's technical presentation, Dec 2, 2011
Slide 1: Styldrift 1 Site Visit
Styldrift 1 Site Visit 2 December 2011
Slide 2: Project Geographic Location
Styldrift 1 Project Geographic Location
Slide 3: Project Location
Styldrift 1 Project Location
Slide 4: Project Overview and Shaft Infrastructure
Styldrift 1 Project Overview Shaft Infrastructure Features Description • Twin Vertical Shaft Access • Expansion project › Main shaft (10.5m dia. lined) • 230 ktpm Merensky mine and concentrator › Services shaft (6.5m dia. lined) • Dual shaft access: main shaft, services shaft › Main shaft - 740m bel
Slide 5: Shaft Configuration
Styldrift 1 Shaft Configuration Shaft Infrastructure Shaft Infrastructure • Production › 230ktpm reef › 45ktpm waste • Injury free mine design • Merensky reef mining focus • UG2 mining being investigated • Room & Pillar (Trackless) – thick and central upper reef Mining Access • Conventional breast –
Slide 6: Mine Design
Styldrift 1 Mine Design Shaft Sinking Footprint Room & Pillar Scattered Breast Shaft Position 8
Slide 7: Access Methodology - Main Artery
Styldrift 1 Access Methodology - Main Artery Haulage Haulage Haulage 11.0m 11.0m 9.0m 9.0m 11.0m Ore Body 21.00m 5.00m Boxhole On-Reef Cluster 25m Trucking system 5.00m 3.50m Haulage 18m Orepass Coveyor belt system Haulage 6.50m
Slide 8: Production Profile and Resources and Reserves
Styldrift 1 Styldrift Mining Production (mtpa) Styldrift Production Profile 4.00 2.69 2.83 2.80 2.73 3.00 2.00 1.67 1.00 0.39 0.09 0.14 0.00 2012 2013 2014 2015 2016 2017 2018 2019 2020 StyldriftMerensky Styldrift Resources and Reserves Merensky UG2 Total Mt 4E g/t 4E Moz Mt 4E g/t 4E Moz Mt 4E Moz
Slide 9: Project Cost and Progress
Styldrift 1 Project Cost and Progress Capital Budget - Nominal Capital Cash Flow - Nominal ZAR MM Mining Concentrator Total ZAR Millions 3,000 Authorised and Contingency 6,289 1,422 7,711 2,500 2,000 Escalation 3,153 938 4,091 1,500 Total Nominal 9,442 2,360 11,802 1,000 Latest Cost Forecast 9,209 2
Slide 10: Mining Footprint
Styldrift 1 Mining Footprint
Slide 11: Legal and Permitting
Styldrift 1 Legal and Permitting • Mining Right Granted March 2008 • EMP Approved March 2008 • Water User Licence Approved April 2010 • Legal Appointments All in place • Social and Labour Plan Approved September 2009
Slide 12: Utilities
Styldrift 1 Utilities Styldrift Mining Electrical Load Build-up Power Supply • Temporary power : 10 MVA secured from Eskom via 50 Boschkoppie substation 40 • Permanent power: 30 › Eskom budget approved and upfront payment 20 made 10 › Permanent power available by Q1 2014 0 • Emergency power: 3 x 3MV
Slide 13: Project Timetable
Styldrift 1 Project Timetable Progress (October 2011) Planned % Complete: 24.55% Actual % Complete: 24.96% Major equipment installation Sinking activities commencement
Slide 14: Concentrator
Styldrift 1 Concentrator Process Plant Design • Pre-Feasibility study in progress – completion planned for Q1 2012 • Concentrator design is for a 230 ktpm plant • Site Location of Concentrator and Tailings facility to be finalized • Feasibility study to commence in March 2012 and completed by June 2
Slide 15: Project Highlights
Styldrift 1 Project Highlights Completed Activities / Key Dates • Project commencement date – March 2009 • Bulk earthworks complete – June 2010 • Bulk Civils completed – October 2010 • Shaft pre sink commenced – October 2010 • Personnel & Material winder commissioned – March 2011 • Pre sink complete
Slide 16: Optimisation
Styldrift 1 Optimisation Optimisation study initiated in January 2011 Key components being reviewed are: • Shaft bottom infrastructure layout • Room and pillar mine design • Strike ore handling methodology – truck vs conveyors • Pneumatic vs electric drilling • Access to the UG2 ore horizon and asso
Slide 17: Major Activities Completed – Headgear Erection
Styldrift 1 Major Activities Completed – Headgear Erection
Slide 18: Major Activities Completed
Styldrift 1 Major Activities Completed Main Shaft Personnel and Material Winder (5.5m D): Commissioned Main & Service Shafts Stage Winders: Commissioned
Slide 19: Activities In Progress
Styldrift 1 Activities In Progress Main Shaft – Sinking Progress
Slide 20: Further organic growth in Styldrift II
Further organic growth in Styldrift II Styldrift II project area • Resource area ± 23 million m2 • Depth 900m – 1,400m, average dip 90 • Average Merensky/UG2 middling 35m Potential size of investment similar to Styldrift I (+ R10 billion) Opportunity will be evaluated through: • Study consisting of
Slide 21: END
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Royal Bafokeng Platinum — Technical Presentation (December 2011) on 6ix