Boliden Ab · OMXSTO:BOL

Boliden Ab — Corporate Update (January 2017)

11 slides from Boliden Ab's corporate update, Jan 11, 2017

  1. Slide 1: Extension of Boliden Tara zinc mine

    Extension of Boliden Tara zinc mine January 11, 2017

  2. Slide 2: Extension of Tara

    Extension of Tara Increased mineral resource - New discovery Tara Deep - 10 Mtonnes inferred mineral resource with good grades - Track record in converting mineral resources to reserves Extending tailings dam - Current 2 tailings dam limiting mine life to 2020 - Decision to extend the dam with capac

  3. Slide 3: Tara development

    Tara development  2009 New concentrator plant  2014 Improvement plan ‒ Flexible organzation ‒ Headcount reduction, 700 to 570 ‒ Upgraded and reduced mobile fleet  2014-15 Production disturbances  2016 Stable operations ‒ Improved production ‒ Mineralization, 10 Mtonnes, Tara Deep  2017 Decision

  4. Slide 4: Tara Deep, increase of mineral resources

    Tara Deep, increase of mineral resources New inferred mineral resources of 10.2 Mtonnes (8.5% Zn, 1.8% Pb) ktonnes Zn, % Pb, % Proven 4,200 (4,500) 6.5 (6.5) 1.5 (1.5) Probable 12,300 (12,500) 6.2 (6.2) 1.6 (1.5) Mineral Reserves, total 16,500 (17,000) 6.3 (6.3) 1.6 (1.5) Measured 400 (600) 5.8 (6.1

  5. Slide 5: Dam extension

    Dam extension  Current dam limiting mine life to 2020  Reserves in excess of dam capacity  Extended dam with capacity to 2026  Capex 33 MEUR  Construction 2017-2019  Conditional to permit ‒ Permit approved November 2016 ‒ Appealed ‒ Ruling in the end of Q1 Boliden Group 5 January 2017

  6. Slide 6: Exploration and production drift to Tara Deep

    Exploration and production drift to Tara Deep Mine Site TARA MINE NEW TARA DEEP INFERRED RESOURCE EXPLORATION ACCESS DRIFT Boliden Group 6 January 2017

  7. Slide 7: Financials relating to extension of Tara mine

    Financials relating to extension of Tara mine  Extended tailings dam 33 MEUR (capex) ‒ Construction 2017-2019  New drift 11 MEUR (opex and capex)  Lower annual depreciation from 2017 Boliden Group 7 January 2017

  8. Slide 8: Extension of Boliden's Tara zinc mine

    Extension of Boliden’s Tara zinc mine Sustaining Boliden’s Attractive IRR zinc mine production Boliden Group 8 January 2017

  9. Slide 9: New drift in Kristineberg mine

    New drift in Kristineberg mine  Rävliden deposit important for Kristineberg mine and the Boliden Area  Decision to build new drift ‒ Shorter time to define deposit and possible reserve upgrade ‒ Lower cost than exploration from surface  130 MSEK (capex and opex), mainly 2017-2018 Kristineberg min

  10. Slide 10: Disclaimer

    Disclaimer  This presentation has been prepared by Boliden for information purposes only and as per the indicated date. Boliden does not undertake any obligation to correct or update the information or any statements made therein. Certain statements in this presentation are forward-looking and are

  11. Slide 11: Boliden Group January 2017

    11 Boliden Group January 2017

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