Impala Platinum Holdings Limited · JSE:IMP
Impala Platinum — Corporate Update (February 2004)
13 slides from Impala Platinum's corporate update, February 2004
Slide 1: Marula Platinum Mine
Marula Platinum Mine February 2004 LOCATION MAP 1
Slide 2: Background and Safety
BACKGROUND Acquired all assets of Platexco Twickenham (Winnaarshoek) – R950 million in Dec 2000 Hackney Forest Hill Exchanged Hendriksplaats for Clapham R37 Road Clapham and portion of Forest Hill Winnaarshoek Driekop Sublease of portion of Driekop 20% Black Economic Empowerment Maandagshoek
Slide 3: Geology, Reserves and Resources
GEOLOGY Generalised section of geology at Marula Platinum Merensky Reef 400m UG2 Reef Dyke RESERVES AND RESOURCES Evaluation drilling continuing Resources UG2 48.6 million tonnes Merensky 45.4 million tonnes Phase 1 to be UG2 Reef, with Merensky mined at a later stage 3
Slide 4: Geology and Mine Plan
GEOLOGY UG2 is of a higher grade UPPER LEADER 2 and conducive to Hanging wall Parameter (PC MARKER) mechanised mining PYROXENITE 0.50m UPPERLEADER 1 UG2 layer consists of Mining densely packed chromitite Height @ 1.60m 0.61m MAIN CHROMITITE with pyroxenite hanging wall and pegmatoid 0.49m PEGMAT
Slide 5: Typical Stoping and Development Layout; Mineral Processing
TYPICAL STOPING AND DEVELOPMENT LAYOUT MINERAL PROCESSING Design based on Mintek test work data Overall metallurgical recovery set at 82% of ROM grades (after mine call factor and scalping) Ball milling selected Designed on a modular basis to facilitate future expansion Final concentrate t
Slide 6: Flowsheet and Infrastructure
FLOWSHEET 251 000t/m MINE -480mm DMS 68 000t/m 3,50g/t 0,5g/t UNDERGROUND 165 000t/m DMS WASTE 4,66g/t AND SURFACE DUMP SCALPING >300mm 18 000t/m -300mm MILLING AND 163 000t/m 0,7g/t 233 000t/m FLOTATION 75% - 80um 3,53g/t PRIMARY 2000t/m TAILINGS CRUSHER DAM -150mm FILTRATION 430g/t PGM SECONDARY C
Slide 7: Access Road; Hlahlana Primary School
ACCESS ROAD HLAHLANA PRIMARY SCHOOL 7
Slide 8: Project Programme
LEBALELO RAW WATER DAM PROJECT PROGRAMME 2002 July Mining contractor appointment August Plant construction started September Mine development started 2003 May Stoping started November Cold commissioning starts 2004 19 January Hot commissioning commenced 20 February First concentrate shipped Expect
Slide 9: Capital Cost and Empowerment Model
CAPITAL COST (Rm) Mining and infrastructure 765 Process plant 382 Indirect costs 203 TOTAL 1 350 EMPOWERMENT MODEL Elements of empowerment BEE Employment Social/SME Affirmative Training Ownership Equity Development Procurement Mmakau Community Business Trust interests 9
Slide 10: The Owners of Marula Platinum; Employment
THE OWNERS OF MARULA PLATINUM Owner % Role Implats 80 Technical, managerial, financial and operational support and expertise. Reputation allows capital to be raised for Marula Platinum and BEE owners Mmakau Mining 10 BEE with proven sustainability and mining expertise. Will have strategic input into
Slide 11: Training and Social Involvement
TRAINING Transfer of skills to the local community Skills training includes Fencing Stone pitching Erosion control Scaffolding Underground SOCIAL INVOLVEMENT Preference to local contractors and suppliers Building trades Security Fencing Catering Transport Mining and conce
Slide 12: Affirmative Procurement
AFFIRMATIVE PROCUREMENT Commitments to date of R23 million, including Transport of concentrate R21 million Security R0.6 million Various road construction R0.6 million Building of school R0.4 million Construction of main office block R0.2 million Office cleaning and garden services R0.2 million Cate
Slide 13: Environment
ENVIRONMENT Water permit application submitted Sewerage plant in full operation Water treatment plant in full operation Marula Platinum Mine February 2004 13
Impala Platinum Holdings — Corporate Update (February 2004) on 6ix