Northam Platinum Holdings Limited · JSE:NPH

Northam Platinum — Corporate Update (October 2009)

13 slides from Northam Platinum's corporate update, Oct 8, 2009

  1. Slide 1: Booysendal feasibility nearing completion

    Booysendal feasibility nearing completion 2 • Initial modular approach is confirmed • Booysendal promises to be significant, long-life producer • Initial focus on the UG2 reef • Funding: combination of rights issue, retained earnings, and medium term debt • Value engineering underway to refine desig

  2. Slide 2: Booysendal project progress summary

    Booysendal project progress pummary 3 • Modular approach confirmed • Tonnages: • Module 1 - 120 000 tonnes milled per month • Module 2 – 120 000 tonnes milled per month • Production and sales volumes: • Module 1 - 130 000 (3PGM+Au) per annum • Module 2 – 115 000 (3PGM+Au) per annum • Fi Financing i

  3. Slide 3: Planning progress

    Planning progress • Pre-feasibility review concluded June 2008 5 • Feasibility study completed September 2009 • Value engineering in progress Location 6 3

  4. Slide 4: Booysendal – shallow, near-term expansion

    Booysendal – shallow, near-term expansion • 103Moz resource – unlocking value over time 7 • Flexibility in bringing production to market UG2 classification Merensky classification NORTH 2KM 8 MR North Decline UG2 North Decline 8KM MR South Decline UG2 South Decline UG2 Outcrop MR Outcrop 8 4

  5. Slide 5: North and South Mines

    2KM MR North Decline UG2 North Decline 9 NORTH 8KM MR South Decline UG2 South Decline UG2 Outcrop MR Outcrop 9 North and South Mines 10 5

  6. Slide 6: North Mine: Final design: reverse decline option 2a

    North Mine 11 Final design: reverse decline option 2a 12 6

  7. Slide 7: Final design: reverse decline option 2a

    Final design: reverse decline option 2a 13 Final design: reverse decline section 14 7

  8. Slide 8: Room & pillar section layout

    Room & pillar section layout 15 Decline section 16 Ramp (9˚) 6.5m Conv. / Chair- Lift Decline 3.5m 8

  9. Slide 9: Mining modules footprint

    Mining modules footprint 17 UG2 North and South footprints 18 N portal 9

  10. Slide 10: Summary of feasibility study

    Summary of feasibility study • Room and pillar design completed 19 • Underground geotechnical design completed • Surface geotechnical boreholes for portals and declines completed • Ventilation design completed • Access design completed • Mine design criteria completed • Production plan – 150ktpm to

  11. Slide 11: Concentrator flow sheet; Capex spread and production build-up

    Concentrator flow sheet 21 ROM Crushing and DMS Flash float Chrome Spiral DMS waste Recovery dump Primary milling & flotation Secondary milling & flotation Plant HPGR Chromite Tailings product thickening stockpiles TAILS Concentrate CONC filtration Three stage concentrate cleaning (with column clean

  12. Slide 12: Booysendal – unlocking value over time

    Booysendal – unlocking value over time 23 Estimated production ramp up Tonnages Production ounces 4,000 350,000 3,500 300,000 PGE (4E) Ounces 3,000 250,000 Ktpa RoM 2,500 200,000 2,000 150,000 1,500 100,000 1,000 50,000 500 ‐ 0 Module 1 Module 2 Module 1 Module 2 Key statistics • Tonnages 24 • Modul

  13. Slide 13: Northam

    NORTHAM PL Aw eeINe Oem Mil i ED 13

Northam Platinum Holdings — Corporate Update (October 2009) on 6ix