Amandelbult - Anglo American Platinum/media/Files/A/... · 2015. 1. 12. · location %u %u %u %u %u...
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Amandelbult
Transcript of Amandelbult - Anglo American Platinum/media/Files/A/... · 2015. 1. 12. · location %u %u %u %u %u...
Amandelbult
Investment Analysts and Fund Investment Analysts and Fund Managers VisitManagers Visit
Amandelbult PAmandelbult Platlatinum Mineinum Mine
“We at Amandelbult will consistently “We at Amandelbult will consistently improve on our superior performance and improve on our superior performance and
enhance our value driven business culture”.enhance our value driven business culture”.
26 MAY 2004
Amandelbult’s ValuesAmandelbult’s Values
• Safety• Our people• The environment• Stakeholder relationships• Innovation• Business success
AgendaAgenda
• Location & Mine infrastructure layout
• Safety and Environment
• Resources and Reserves
• Mining Method
• Production
• Operating Cost
• Capital Programme
• Human Resources
• Key Business Issues
Location & Mine Infrastructure Location & Mine Infrastructure LayoutLayout
LocationLocation
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AMANDELBULT
UNION
BAFOKENG/RASIMONESTYLDRIFT JV
RUSTENBURG
POTGIETERSRUSTPLATINUMS LIMITED
TWICKENHAM
DER BROCHEN
LEBOWA PLATINUM MINES
ð
LIMPOPO
MPUMALANGA
GAUTENG
NORTH-WEST
RUSTENBURGPRETORIA
WITBANK
MOKOPANE (POTGIETERSRUS)
POLOKWANE (PIETERSBURG)
BELA BELA (WARMBATHS)
JOHANNESBURG
NORTHAM
PANDORA JV
BOOYSENDAL JV
MODIKWA
BURGERSFORT
LYDENBURG
PASCHASKRAAL JV
LegendBushveld Complex
Anglo Platinum
Anglo Platinum - Joint Venture
Impala Platinum Mines
Lonmin PLC
Northam Platinum Limited
Southern Era
Merensky
UG2
Platreef
UNKI PROJECT
Botswana
Zimbabwe
MozambiqueNamibia
±
Republicof
South AfricaPolokwane Smelter
0 2010
Kilometres
AmandelbultAmandelbult Surface PlanSurface Plan
Mining operationsMining operations
SHE StrategySHE Strategy
Continuous reduction of at risk behavior, sub Continuous reduction of at risk behavior, sub standard conditions, health hazards and standard conditions, health hazards and
environmental incidents.environmental incidents.
Safety and EnvironmentSafety and Environment
Amandelbult 4 LIFE
• 4 Pillars of Safety system• Planned inspections• PTO’s• Accident/Incident investigation• Group Meetings
• Lead by example• Implement OTTO• Friendly and Practicable standards• Eliminate at risk behavior
Total Injuries
0
50
100
150
200
250
Feb'
01 Apr
Jun'
01 Aug
Oct
Dec
Feb'
02 Apr
June
'02 Aug
Oct
Dec
Feb'
03 Apr
June
'03 Aug
Oct
Dec
Lost Time Injury Frequency RateLost Time Injury Frequency RateLost Time Injury Frequency Rate
0.00
2.00
4.00
6.00
8.00
10.00
12.00
Feb'
01 Apr
Jun
Aug'
01 Oct
Dec
Feb'
02 Apr
June
Aug'
02 Oct
Dec
Feb'
03 Apr
June
Aug'
03 Oct
Dec
Total Number of FatalitiesTotal Number of FatalitiesTotal Number of Fatalities
0
2
4
6
8
10
12
14
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003
Years
Numb
er
• EMS Status• ISO14001 Certification achieved in February 2004
• Water Consumption and Discharge• Closed circuit water reticulation
• Water balance implemented
• Waste management• Effective system with permitted landfill site on mine
• Dust• Dust fall out low
• Public Participation• Bi-annual environmental committee meeting held
• Social Issues• Transformation forum
• Addicted to business program
• Environmental awareness interventions at local schools
EnvironmentEnvironment
Opencast Mining OperationsOpencast Mining Operations
Opencast RehabilitationOpencast Rehabilitation
Mineral Reserves and Resources
Mineral ReservesMerensky UG2 UG2 OpencastReserves Grade Reserves Grade Reserve GradeMt g/t 4E Mt g/t 4E Mt g/t 4E
Proved 22.9 6.42 82.1 4.61 1.4 6Probable 90 6.59 249.5 4.65Total 112.9 6.56 331.5 4.64 1.4 6
Mineral ResourcesMerensky UG2Resources Grade Resources GradeMt g/t 4E Mt g/t 4E
MeasuredIndicated 20.8 7.81 26.4 5.03Inferred 92.3 7.84 233.5 4.75Total 113 7.83 259.9 4.78
Merensky Resources
Resource ClassificationMeasuredIndicated
Indicated (As per GC overwrite)Inferred
UG2 ResourcesUG2 Resources
Resource Classification
Measured
Indicated
Inferred
Merensky reef Merensky reef faciesfacies
Merensky Reef Merensky Reef CharacterisiticsCharacterisitics
UG2 Reef CharacteristicsUG2 Reef Characteristics
Immediately Available Ore Reserves
16
17
18
19
20
21
22
Months 21.1 19 18 18 19.9
1999 2000 2001 2002 2003
3 Shaft Seismic Survey3 Shaft Seismic Survey
Very clean andstable block
Stable block
Stable block
Complex zone
Still some noiseon surface
Clean and stableblock
Pothole Reef CharacteristicsPothole Reef Characteristics
Mining MethodMining Method
Mining MethodMining Method
• West• Designed as conventional breast mining
• Central• Section 2 conventional breast mining
• Section 7 fully mechanized room and pillar
• East• Designed as conventional breast mining
• Merensky• Original design 100ktpm, upgraded over time to current capacity of
320ktpm
• UG2• Original design 100ktpm; 1st upgrade to 210ktpm and future
proposed upgrade to 285ktpm
• Opencast (UG2)• Original Merensky plant converted to 25ktpm UG2 unit
• New 30ktpm plant erected
• Total O/C capacity 55ktpm
Concentrator CapacitiesConcentrator Capacities
Mine Infrastructure LayoutMine Infrastructure Layout
Mine Infrastructure LayoutMine Infrastructure Layout28 West Twin Raise Bore
Surface
F/W Winze
5 Level
6 Level
Sub Incline Rai
se B
oreh
oles
Reef
Breast Layout Breast Layout -- SchematicSchematic
BoxfrontHaulage
BREAST LAYOUT
• X/Cuts 200m apart
• Raise on reef to upper level (200m)
• Orepasses to X/Cut and Hlge
Travelling Way
Raise
Cross Cut
Fully Mechanized LayoutFully Mechanized Layout
Fully Mechanized LayoutFully Mechanized Layout
1.5m
1.2m Roof bolts
Reef
ledge
road
Throw blast zone
Throw blast zoneThrow blast zone
ProductionProduction
DevelopmentDevelopmentDevelopment Meters
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
45,000
50,000
Met
res
CAPITAL M 4470 2269 1493 1607 1430
Total W/C M 36955 37268 44816 44055 47460
TOTAL M 41425 39537 46309 45662 48890
1999 2000 2001 2002 2003
%UG2 Production%UG2 ProductionUG2 mined as % of total output
0
10
20
30
40
50
60
70
80
90
100
%
UG2 mined as % of total output 29 32 36 44 46
1999 2000 2001 2002 2003
Tons Milled
4,000
4,500
5,000
5,500
6,000
6,500
7,000
7,500
1999 2000 2001 2002 2003
Years
Tons
mille
d 00
0
Grade 4E Grade 4E g/tg/t
0
2
4
6
8
10
g/t
4E
Built Up Grade 5.86 5.56 5.68 5.86 5.76
1999 2000 2001 2002 2003
Equivalent refined Pt ozEquivalent refined Pt oz
200
250
300
350
400
450
500
550
600
650
700
1999 2000 2001 2002 2003
Years
000
oz
4E4E PrillPrill SplitsSplits
Current Concentrator 4E Prill Splits
Merensky UG2Platinum 62.09 58.44
Palladium 29.66 29.06
Rhodium 4.96 11.76
Gold 3.27 0.74
Recovery (Concentrator)Recovery (Concentrator)
0.00%
20.00%
40.00%
60.00%
80.00%
100.00%
% R
ec
ov
ery
4E
4E Recovery 82.88% 82.83% 85.01% 86.25% 83.72%
1999 2000 2001 2002 2003
Operating CostsOperating Costs
Cash onCash on--mine costsmine costsRand/ ton milled
0
50
100
150
200
250
300
350
400
450
500
Rand
s
R/ton milled 152 167 184 212 242
1999 2000 2001 2002 2003
Cash onCash on--mine costsmine costsR/oz equiv. refined Pt
0
1,000
2,000
3,000
4,000
5,000
6,000
Ran
d's
R/oz equiv.refined Pt 1,618 1,886 1,995 2,210 2,607
1999 2000 2001 2002 2003
Profitability and Volume per Mine 2003Profitability and Volume per Mine 2003
Group average 28,0%
Modikwa0,5%
RS UG2 Project4,0%
BRPM10,1%
US20,4%
LPM20,5%
PPL28,6%
RS29,4%
AS50,4%
0,0%
5,0%
10,0%
15,0%
20,0%
25,0%
30,0%
35,0%
40,0%
45,0%
50,0%
55,0%
0 300 600 900 1 200 1 500 1 800 2 100 2 400
Equivalent Pt oz (000's)
Ope
rati
ng M
argi
n %
Unit CostsUnit CostsUnit Costs
Cash on-mine cost per equiv. Pt oz refined
• Planned increase 12% above 2003• Cost Optimization Target 9% above 2003
Production InitiativesProduction InitiativesProduction Initiatives
• Grade Improvement
• Recovery Improvement
• Opencast Mining
Cost InitiativesCost InitiativesCost Initiatives
• Labour – Numbers, efficiencies, overtime etc.
• Stores – Steel balls and chemicals
• Utilities – Electricity management.
• Contractors – Rate increases.
• Sundries – Telephones, printing etc.
CapitalCapital
Capital ExpenditureCapital ExpenditureCapital Expenditure
0
100
200
300
400
500
600
700
800
900
1000
1999 2000 2001 2002 2003
Years
R's
000
000
Key current capital projectsKey current capital projects
• 2# Capital development
• Tailings dam extension
Key future capital projectsKey future capital projectsKey future capital projects
• Possible plant expansion to process incremental UG2 production
• Additional ore pass system at 1 Shaft
Ongoing Capex level +/- R400m pa
• No3 Vertical Shaft
Human ResourcesHuman Resources
In Service EmployeesIn Service EmployeesIn Service Employees
UMOOperators
Contractors
Total
10028745
2663
9747
Grand Total 12410
Territorial Analysis of EmployeesTerritorial Analysis of EmployeesTerritorial Analysis of Employees
4%
11.2%
6%
23.4%
26%
0.05%
0.56%
0.36%0.05%
1.6%
0.11%
0.4%
70 Km Raduis 26.27%Eastern Cape 23.40%Lesotho 6.00%Limpopo 11.20%Swaziland 1.60%Free State 0.56%Mpumalangga 0.40%Gauteng 0.36%Kwa Zulu Natal 0.11%Botswana 0.05%N/Cape 0.05%Mozambique 4.00%
AccommodationAccommodationAccommodation
Housing Bonds subsidy
52044433197
Hostel ResidentsRent Subsidy
Dedensification of Hostels
Displacements over 5 Years = ± 1500
Tumela
1 9891782
3250
DishabaMlanje
Hostels De-densifying
13521440
2380
Capacity
• Health• Education Infrastructure• Education Capacity Building• Basic Services• Job Creation
Focus of SED Spending
Employee RelationsEmployee RelationsEmployee Relations
Operators bargaining UnitRepresentatives Full Time Regional
NUM 54.1% 51 2 1
BEMWU 15.1% 30
Supervisory Bargaining Unit
UASA 67.9% 23 2 1
NUM 12.7%
Key Business IssuesKey Business Issues
Key Business IssuesKey Business IssuesKey Business Issues
• Maintain Merensky volumes during move from 1Shaft to 2 Shaft
• Mining efficiencies
• Cost optimisation
• Charter compliance
