Operations Review (Part 1) - Anglo Platinum

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M I N I N G P R O J E C T S U N D E R C O N S T R U C T I O NCapitalexpenditure,real 2003PlannedDate Scheduled terms steady-stateapproved completion R millions productionModikwa Platinum February Plant:Mine 2000 2002 1 800 200 000 tons p.m.Full production:162 000 oz Pt p.a.2004 146 000 oz Pd p.a.Rustenburg UG2 September Plant:Expansion, Phase 1 2000 2002 1 500 400 000 tons p.m.Full production:395 000 oz Pt p.a.2006 197 000 oz Pd p.a.Twickenham September Plant:Platinum Mine 2001 2005 3 200 250 000 tons p.m.Full production:160 000 oz Pt p.a.2007 176 000 oz Pd p.a.Rustenburg Tailings October Plant:Retreatment 2002 2004 1 600 900 000 tons p.m.Full production:120 000 oz Pt p.a.2006 38 000 oz Pd p.a.Rustenburg UG2 November Plant:Expansion, Phase 2 2002 2005 3 700 400 000 tons p.m.Full production:306 000 oz Pt p.a.2007 167 000 oz Pd p.a.Metallurgists takingsamples from theACP pollution controldam with ACP buildingsand plant in background.53
Operations Review (continued)Overview: ProjectsModikwa Platinum Mine; joint venture with African Rainbow Minerals (ARM)Safety: Modikwa recorded a safety performance better than planned for both lost-timeand reportable injuries. This was achieved with mainly a novice workforce sourced from thelocal community. From inception, Modikwa’s safety effort hasbeen based on the BBS initiative. One fatality was recorded.Mining: The concentrator was commissioned in the second halfof the year and achieved the design throughput of 200 000 tonsper month in September 2002. Recoveries were better thanplanned. The initial stoping performance has been pleasing, andthe build-up in ounces produced is in line with the very hightargets set for this project.Modikwa has been successful in employing mainly localpersonnel where possible.A view of the new robotequipped laboratory on trial atAnglo Platinum’s Research Centrebefore being moved to theModikwa Platinum Mine. Roboticswill be used extensively in allnew laboratory facilities.DRIEKOP253 KTMAANDAGSHOEK254 KTLEGENDMining AuthorisationUg2 Reef WorkingsMerensky ReefUG2 Reef1 Maandagshoek Winze2 North Shaft (Decline)3 Mid Shaft (Decline)4 South Shaft (Decline)5 Onverwacht Hill (Adits)1HENDRIKSPLAATS281 KT2 345ONVERWACHT 292 KTWINTERVELD0 5km293 KTMODIKWA PLATINUM MINERustenburg Section UG2 ExpansionThe Rustenburg UG2 Phase 1 Project, announced in 2000,includes a 400 000 tons per month concentrator, processing orefrom the new Waterval mine, as well as the Brakspruit, Bleskopand Paardekraal shafts. The concentrator was successfullycommissioned as planned in February 2002 and performed well,achieving designed recoveries. The production build-up from theWaterval mine has been steep, but was slower than expecteddue to delays in development caused by congestionunderground. Stoping widths in the UG2 areas of the Brakspruit,Bleskop and Paardekraal shafts were increased toinclude the leader seam and reduce the risk offalls of ground, causing a reduction in headgrade. Test work has been done to provemethods of improving the mill feed grade, withimplementation to take place during 2003.The project added R451,4 million to the Group’soperating contribution for the year under review.Recently, the Group announced Phase 2 of theRustenburg UG2 project being a replacementproject for existing production rather than anexpansion. The new Waterval UG2 Concentrator54
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Operations Review (Part 1) - Anglo Platinum

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