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Major projects

Anglo Platinum's objective is to maintain its position as the leading primary producer of platinum. Project capital spend is now directly related to Platinum's long term ounce requirements.

Dishaba East Upper UG2 Overall capex: $219m
Country South Africa
Ownership 100% Anglo Platinum Limited
Incremental production 100,000 oz per annum
Full project capex $219m
Full production Q4 2012

The East Upper UG2 project utilises mined out Merensky reef infrastructure at Dishaba No 2 shaft to access UG2 reserves. Project implementation commenced in 2007 and is on schedule to reach steady-state production of 100,000 platinum ounces per annum during 2012.

Thembelani (Paardekraal) Overall capex: $316m
Country South Africa
Ownership 100% Anglo Platinum
Replacement production 115,000 oz per annum
Full project capex $316m
Full production Q4 2020

The Thembelani No 2 shaft project is designed to restore Merensky Reef output at Thembelani, in line with the overall strategy for the Rustenburg mining right area to maximise Merensky production where possible. The UG2 horizon will be mined to fill available shaft capacity, but not at the expense of Merensky production. The medium-term Rustenburg mines production profile is predicated on a series of phased decline extension projects to existing shafts. Between 2016 and 2026, the production profile will be maintained by using either two or three intermediate vertical shafts. The Thembelani No 2 shaft is the first of these vertical shafts. The ventilation shaft has reached its bottom station (1,058 metres below collar) and infrastructure to hoist rock during initial Ore Reserve development has been established to do lateral development. The men-and-materials shaft, 28 level stations (890 metres bellow collar) and 32 level stations are complete. Bulk infrastructure, such as the refrigeration plant, consumer substation, 11-kilovolt substation and 33-kilovolt yard has been completed and commissioned. This project is currently behind schedule and the re-statement of the project is in progress; steady state production from this shaft will be reached during 2020.

Mogalakwena North Overall capex: $822m
Country South Africa
Ownership 100% Anglo Platinum Limited
Incremental production 350,000 – 400,000 oz per annum
Full project capex $822m
Full production 2010

The Mogalakwena North project, aimed at increasing milling capacity at the mine, was approved in 2006. During 2010, the Concentrator was commissioned and the associated tailings facilities were completed. This project has entailed the relocation of a number of villages and the resettlement of 892 families. A Government task team is assisting Anglo Platinum Limited with the relocation of the remaining 64 families, who remain unwilling to relocate.

Khuseleka ore replacement Overall capex: $187m
Country South Africa
Ownership 100% Anglo Platinum
Replacement production 101,000 oz per annum
Full project capex $187m
Full production Q4 2015

The Khuseleka ore replacement project aims to replenish diminishing Merensky Reef output and to supplement existing UG2 Reef output at that shaft by extending the existing decline shaft. The associated project infrastructure includes three ventilation shafts, which were completed in 2010. This project will be completed in 2014.

Unki platinum mine Overall capex: $459m
Country Zimbabwe
Ownership 100% Anglo Platinum
Incremental production 70,000 oz per annum refined platinum
Full project capex $459m
Full production Q4 2013

Unki is situated near Gweru, on Zimbabwe’s Great Dyke. Unki is planned as a 120,000 tonne per month operation, with potential for further expansion. The mine uses a mechanised, trackless bord-and-pillar mining method. Concentrate produced at Unki Mine will be transported to the Polokwane smelter by road. Two declines have been designed, one for personnel and materials and the other for ore conveyance. Both declines have been developed on-reef, with strike belts from the seven production sections transferring ore directly onto the main decline conveyor.

Base metals refinery expansion Overall capex: $360m
Country South Africa
Ownership 100% Anglo Platinum Limited
Replacement production 11,000 tonnes per annum of nickel
Full project capex $360m
Full production Q1 2012

The BMR expansion project began in the second half of 2007, following Board approval. In Dec 2008, the Board took the decision to defer the project for a period of one year. The project restarted in January 2010, with anticipated completion by the end of the second quarter of 2011. Overall completion stands at 96%. The first area, (consisting of copper pressure leach autoclave, and selenium and tellurium removal), has been hot commissioned and is in production. Construction of the second half of new nickel tank house is complete. Filter press No.1 and 2 in the sulphur removal section are complete, and the first 6 cells within the nickelic production section are complete and have been on line since 31 March 2011. The next challenge in the handover process will be the availability of plant and equipment from Operations to complete tie-in’s in preparation for the upcoming chemical change over scheduled for May 2011.

Twickenham Overall capex: $1,259m
Country South Africa
Ownership 100% Anglo Platinum Limited
Incremental production 190,000 oz per annum
Full project capex $1,259m
Full production 2019

The Twickenham Platinum Mine project has undergone a revalidation process due to significant changes in the economic environment, and in particular the sustained strength of the South African Rand against the US dollar. This project remains, however, an integral part of Anglo Platinum’s strategy in expanding into the Eastern Limb.

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