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Anglo American Annual Report 2012

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Anglo American Annual Report 2012

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ORE RESERVES AND MINERAL RESOURCESIRON OREestimates as at 31 December <strong>2012</strong>OTHER MINING AND INDUSTRIALThe Mineral Resource estimates were compiled in accordance with the Australasian Code for <strong>Report</strong>ing of Exploration Results, Mineral Resources and OreReserves (The JORC Code, 2004) as a minimum standard. The figures reported represent 100% of the Mineral Resources, the percentage attributable to<strong>Anglo</strong> <strong>American</strong> plc is stated separately. Rounding of figures may cause computational discrepancies.OMI (Non-core) – Operations Tonnes GradeMINERAL RESOURCES Attributable % Classification <strong>2012</strong> 2011 <strong>2012</strong> 2011Amapá (OP) (1)(2) 70.0 Mt Mt %Fe %FeCanga Measured – 2.6 – 54.2Indicated 8.0 10.5 48.7 48.5Measured and Indicated 8.0 13.1 48.7 49.6Inferred 6.3 1.3 46.1 41.5Colluvium Measured 10.0 12.0 39.2 40.4Indicated 51.6 56.0 38.7 38.3Measured and Indicated 61.6 68.0 38.8 38.7Inferred 14.2 18.6 35.1 34.7Friable Itabirite and Hematite Measured 34.0 33.5 39.8 40.5Indicated 103.8 112.0 41.5 41.7Measured and Indicated 137.7 145.5 41.1 41.4Inferred 16.1 26.0 43.7 40.1Mining method: OP = Open Pit.Due to the uncertainty that may be attached to some Inferred Mineral Resources, it cannot be assumed that all or part of an Inferred Mineral Resource will necessarily be upgraded to an Indicated orMeasured Resource after continued exploration.(1)Amapá – Mineral Resources: The cut-off grade used is 25% Fe. Assays are on a dry basis. Tonnages are reported on a wet basis with an average moisture content of 11 wt% for Canga, 10 wt% forColluvium and 9 wt% for Friable Itabirite and Hematite ore. The decrease is as a result of depletion and new information along with a revised geological modelling methodology.(2)Amapá: Friable Itabirite and Hematite includes Friable Itabirite, Altered Friable Itabirite and Friable Hematite. The Mineral Resources comprise the Mário Cruz, Mário Cruz Leste, Martelo, Taboca,Taboca Leste, Vila do Meio, Vila do Meio Leste and Dragão areas.198 <strong>Anglo</strong> <strong>American</strong> plc <strong>Annual</strong> <strong>Report</strong> <strong>2012</strong>

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