Harmony Gold Mining Co. Ltd. · JSE:HAR

Harmony Gold Mining — Technical Presentation (August 2017)

21 slides from Harmony Gold Mining's technical presentation, Aug 24, 2017

  1. Slide 1: Tshepong and Phakisa integration - Analyst Site Visit

    © Harmony | Tshepong and Phakisa integration 1 24 – 25 August 2017 ANALYST SITE VISIT

  2. Slide 2: Safe Harbour Statement

    2 PRIVATE SECURITIES LITIGATION REFORM ACT SAFE HARBOUR STATEMENT This presentation contains forward-looking statements within the meaning of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended, with re

  3. Slide 3: Agenda

    3 AGENDA 1 Safety – Beyers Nel 2 SA operational structure – Beyers Nel 3 Tshepong/Phakisa integration – Simphiwe Kubheka 4 Conclusion and questions © Harmony | Tshepong and Phakisa integration 5 Tshepong/Phakisa mine visit agenda

  4. Slide 4: Safety

    © Harmony | Tshepong and Phakisa integration 4 SAFETY

  5. Slide 5: Safety remains our top priority

    5 SAFETY REMAINS OUR TOP PRIORITY Fatality injury frequency rate 0.30 0.28 Achieved milestone 0.27 fatality free quarter 0.25 (June 2017 qtr) 0.22 0.22 0.21 0.21 Per million hours worked 0.20 0.18 0.17 0.16 0.15 0.13 © Harmony | Tshepong and Phakisa integration 0.11 0.11 0.10 0.07 0.05 0.00 FY05 FY0

  6. Slide 6: Safety is key to achieving our operational plans

    6 SAFETY IS KEY TO ACHIEVING OUR OPERATIONAL PLANS Pro-active and risk based Safety and health The four layered approach ƒ More pro-active Harmony ƒ Culture of continuous learning and care ƒ Risk controls are actively managed with a focus on preventive controls ƒ Safety drivers: • Risk assessment in

  7. Slide 7: SA Operational Structure

    © Harmony | Tshepong and Phakisa integration 7 Beyers Nel STRUCTURE SA OPERATIONAL

  8. Slide 8: SA EXCO - Experienced team

    8 SA EXCO - EXPERIENCED TEAM Jaco Boshoff Anton Buthelezi Melanie Dr Tumi Legobye Thomas Robert Hart Danie Muller Mineral resources Human Resources Naidoo-Vermaak Health van den Bergh Acting Technical Acting Finance and reserves Sustainability Safety © Harmony | Tshepong and Phakisa integration Mose

  9. Slide 9: Operational excellence - strategy and approach

    9 OPERATIONAL EXCELLENCE – STRATEGY AND APPROACH Create an enabling environment Realistic Safety and Infrastructure Grade Capital production health management management allocation plans © Harmony | Tshepong and Phakisa integration Safety Focused Consistent, Asset campaigns capital predictable manag

  10. Slide 10: Tshepong/Phakisa Integration

    10 TSHEPONG/PHAKISA © Harmony | Tshepong and Phakisa integration INTEGRATION Simpiwe Kubheka

  11. Slide 11: Tshepong/Phakisa integration

    11 Tshepong TSHEPONG/PHAKISA INTEGRATION ƒ Integration rationale: • synergies due to proximity of ore bodies • underutilisation of Tshepong infrastructure • overutilisation of Phakisa infrastructure ƒ Integration will: • alleviate the bottlenecks and constraints at Phakisa Phakisa • exploit synergie

  12. Slide 12: Tshepong and Phakisa schematic layout

    © Harmony | Tshepong and Phakisa integration 12 TSHEPONG AND PHAKISA SCHEMATIC LAYOUT

  13. Slide 13: Optimisation area

    13 OPTIMISATION N AREA Mined out ± 45 000 reef tonnes @ 1450 cmg/t Available to be mined will be cross trammed from Phk N to Tsh decline. Flow of ore 3 Shaft © Harmony | Tshepong and Phakisa integration

  14. Slide 14: Tshepong and Phakisa combined - Tshepong operations

    14 TSHEPONG AND PHAKISA COMBINED - TSHEPONG OPERATIONS ƒ Safety improvement in FY17, remains a priority: • Tshepong achieved 3 250 000 fatality free milestone Production • Fatality injury frequency rates improved ƒ Long life, growth mines: 33% • Basal Reef is the primary economic reef Tshepong Phaki

  15. Slide 15: Focused capital allocation and prioritisation

    15 FOCUSED CAPITAL ALLOCATION AND PRIORITISATION FY18 Capital expenditure (R'million) ƒ Major capital priority: • improving ventilation • Sub75 project at Tshepong 194 ƒ Ongoing development 160 focused on: • Phakisa ramp up © Harmony | Tshepong and Phakisa integration 709 • improving flexibility • a

  16. Slide 16: Focused capital allocation and prioritisation (US$)

    16 FOCUSED CAPITAL ALLOCATION AND PRIORITISATION FY18 Capital expenditure (US#039;million) 14 12 52 © Harmony | Tshepong and Phakisa integration On-going development Shaft capital and AE's Major capital 1US$=R13.74

  17. Slide 17: Tshepong decline layout

    17 TSHEPONG DECLINE LAYOUT Current Decline – Sub 71 Project area 66 Level Sub 66 Project (69 and 71 Level) Sub 71 Project (73 and 75 Level) Sub 75 Project (77 Level) 69 Level N 69 Level S 71 Level N 73 Level N 71 Level S 73 Level S © Harmony | Tshepong and Phakisa integration 75 Level 77 Level

  18. Slide 18: Sub design and layout

    18 SUB 75 DESIGN AND LAYOUT Chairlift Decline Single Drum Winder Capital Development OCD Development 76 Lev Station Landing Chairlift Decline Belt/Material Decline © Harmony | Tshepong and Phakisa integration 77 Lev Station 78 Lev Cross-Belt

  19. Slide 19: Tshepong/Phakisa Mine Visit Agenda

    19 TSHEPONG/PHAKISA MINE © Harmony | Tshepong and Phakisa integration VISIT AGENDA Simpiwe Kubheka

  20. Slide 20: Agenda for Friday's mine visit

    20 AGENDA FOR FRIDAY’S MINE VISIT Activity Time Bus/transport to leave guesthouses 06H00 to 06H30 Arrival, welcome & breakfast 07H00 to 07H30 Safety briefing for going underground 07H30 to 08H00 Underground © Harmony | Tshepong and Phakisa integration • 66 level – decline top infrastructure 08H00 to

  21. Slide 21: Questions

    © Harmony | Tshepong and Phakisa integration 21 QUESTIONS

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