Impala Platinum Holdings Limited · JSE:IMP

Impala Platinum — Corporate Update (October 2006)

17 slides from Impala Platinum's corporate update, Oct 16, 2006

  1. Slide 1: Our Marula Our Success – Analysts Visit

    “Our Marula Our Success” Analysts Visit 16 October 2006 Location 2 1

  2. Slide 2: The owners of Marula

    The owners of Marula Owner % Role Implats 77.5 Technical, managerial, financial and operational expertise Mmakau Mining 7.5 An established mining entity Marula Community 7.5 Enables sustainable benefit to flow to community over life of mine and Trust beyond Tubatse Platinum 7.5 A broad-based HDSA em

  3. Slide 3: Safety: Fatality and Lost Time Injury Frequency Rates

    Fatality Injury Frequency Rate 0.60 0.50 1,000,000 Fatality Free shifts achieved on 0.5 Per million man hours the 11of October 2006 0.40 0.30 0.2 0.20 0.10 0.00 0 0 0 0 0 FY01 FY02 FY03 FY04 FY05 FY06 FY07 as at Sep 06 5 Lost Time Injury Frequency Rate 9.00 8.00 “Visible felt leadership” 7.00 Per mi

  4. Slide 4: Geology: Generalised Section of Geology

    Geology Generalised Section of Geology Merensky Reef 400m UG2 Reef Dyke 8 4

  5. Slide 5: UG2 Chromitite Layer; Reserves and Resources

    UG2 Chromitite Layer UL2 UG2 PYROXENITE = 50cm UL1 L UG2 CHROMITITE = 60cm UG2 PEGMATOID =20cm 9 Reserves and Resources Mineral Reserves as at 30 June 2006 Grade Tonnage Pt oz Category 5 PGE & Au Orebody (millions) (millions) (g/t) UG2 Proved 41.0 5.20 2.6 Mineral Resources (exclusive of Reserves) a

  6. Slide 6: Mining: Marula History

    Mining Marula History • Jun 2002 Board Approval • Aug 2002 Construction started • Nov 2003 Commissioning started • Feb 2004 First concentrate shipped to Rustenburg • Feb 2005 Approval of Conventional Mine Plan: - Interim mining - Footwall conversion 12 6

  7. Slide 7: Interim Mining Layout and Conventional Mining Layout

    Interim Mining Layout 13 Conventional Mining Layout 770m 14 7

  8. Slide 8: Footwall Project – development metres and production scorecard

    Footwall Project – development metres 500 450 400 350 300 metres 250 200 150 100 50 0 Aug-05 Nov-05 Aug-06 Jul-05 Sep-05 Oct-05 Dec-05 Jan-06 Feb-06 Apr-06 Jul-06 Sep-06 Jun-06 May-06 Mar-06 Actual CBE 15 Production Scorecard Footwall project Project to date Act vote Var Var % Total Off Reef Develop

  9. Slide 9: Interim Mining: Why Interim Mining?

    Interim Mining Why Interim Mining? • Sustain a production build-up profile at 130 000 ROM t/month • Improved short term project viability when compared to the original board and pillar design • Development of personnel in conventional mining skills 18 9

  10. Slide 10: Interim Mining – tonnes milled and platinum ounces

    Interim Mining - tonnes milled 400,000 350,000 300,000 250,000 tonnes 200,000 150,000 100,000 50,000 0 FY06 Q1 FY06 Q2 FY06 Q3 FY06 Q4 FY07 Q1 19 Interim Mining Platinum ounces in concentrate 18,000 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000 0 FY06 Q1 FY06 Q2 FY06 Q3 FY06 Q4 FY07 Q1 20 10

  11. Slide 11: Interim Mining – development metres and stoping efficiencies

    Interim Mining - development metres 4,500 4,000 3,500 3,000 metres 2,500 2,000 1,500 1,000 500 0 FY06 Q1 FY06 Q2 FY06 Q3 FY06 Q4 FY07 Q1 21 Interim Mining - stoping efficiencies Average Face Advance Metres Centares per Panel Employee 16.0 30.0 14.0 25.0 12.0 20.0 centares 10.0 metres 8.0 15.0 6.0 10

  12. Slide 12: Gross Margin %; New Technology

    Gross Margin % 60% 40% 20% 0% FY04 FY05 FY06 FY07 Q1 -20% -40% -60% 23 New Technology 12

  13. Slide 13: DDT at Marula

    DDT at Marula 25 DDT Motivation • Improved safety through face support in the form of roofbolts • Reduced physical effort by operators • Holes drilled to full depth of 1.3m • Consistent advance per blast of 1.2m • Reduction in dilution due to lower stoping width • Reduced blast-induced damage to the

  14. Slide 14: DDT Implementation Progress

    DDT Implementation Progress • Implementation started Feb 2005 . • The planned target is 70% of all panels mined • 70% of 20 panels were converted by Nov 2005 • Currently 50% of 36 panels are converted • Roofbolt compliance 70% of all panels • Acceptance by drill operators is positive and new local o

  15. Slide 15: Marula – the way forward: tonnes milled

    Marula – the way forward Marula - tonnes milled 3,000,000 2,500,000 2,000,000 1,500,000 1,000,000 500,000 0 FY06 FY07 FY08 FY09 FY10 FY11 30 15

  16. Slide 16: Platinum ounces in concentrate; Mining Rights Conversion

    Marula - platinum ounces in concentrate 160,000 140,000 120,000 100,000 80,000 60,000 40,000 20,000 0 FY06 FY07 FY08 FY09 FY10 FY11 31 MINING RIGHTS CONVERSION • CONVERSION • Mine plan • Social and labour plan • Local economic development plan • FINAL SUBMISSION 32 16

  17. Slide 17: Human Resources; Thank you

    Human Resources Total 1884 1% 23% Foreigner RSA Local (0 - 50km) 76% 33 Thank you 17

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