Press Release Archive - 2014

Overview

• Kumba Iron Ore production increased by 25% to 11.3 Mt following the strike in Q4 2012
• Export metallurgical coal production increased by 3% to 4.7 Mt due to sustained longwall productivity improvements
• Export thermal coal production increased by 8% to 7.9 Mt. Export thermal coal production from South Africa decreased by 1% to 4.6 Mt. Cerrejón production increased by 24% to 3.3 Mt, maintaining the strong recovery following the strike in Q1 2013
• Copper production⁽¹⁾ increased by 24% to a record 214,400 tonnes, driven by continued strong performance at Los Bronces, and higher grades at Collahuasi
• Nickel⁽²⁾ production increased by 38% to 10,200 tonnes. Higher production at Barro Alto was driven by improved operational stability of the furnaces
• Niobium production increased by 20% to 1,200 tonnes, reflecting operational improvements at the plants and higher grades
• Fertiliser production increased 2% due to increased plant availability
• Platinum equivalent refined production increased by 25% to 520,300 ounces as a result of an increase in production from Mogalakwena, and the normalisation of production at Rustenburg (Bathopele, Siphumelele and Thembelani), Amandelbult (Dishaba and Tumela) and Union mines that were impacted by the illegal industrial action in 2012
• The restructuring of Platinum has commenced with baseline production of 2.2 - 2.4 million ounces per annum, with 250,000 annualised low margin, high cost, and unprofitable ounces no longer in production
• Diamond production increased by 13% to 9.1 million carats, primarily due to increased output from Jwaneng following the recovery after the slope failure in June 2012, together with higher grades at Orapa and Venetia

The Production Report for the fourth quarter ended 31 December 2013 is unaudited. Preliminary Results for the full year to 31 December 2013 will be announced on 14 February 2014.

_{(1) Copper production from the Copper business unit
(2) Nickel production from the Nickel business unit}

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