* We are a focused platinum group metals (PGMs) producer in southern Africa.
* Listed on the Australian, London and Johannesburg stock exchanges.
* We have interests in 5 operations, firmly establishing our position as one of the worlds’s fastest growing platinum companies. Our operations and projects are located on both the world-renowned Bushveld Complex in South Africa and the Great Dyke in Zimbabwe.
o Our primary operation – Kroondal Mine – is one of the lowest cost and most efficient PGM producers in the world. Through a Pool & Share Agreement with Anglo Platinum, the mine is targeting annual production of 505,000 PGM ounces, with an extended life of mine to 2017.
o Our second operation in South Africa, the Marikana Mine, is currently making the transition from a pure open cast operation to a mixed underground operation. Further to a second Pool & Share Agreement signed with Anglo Platinum, this operation is targeting annual production of 250,000 PGM ounces, at an extended life of mine to 2024.
o Our third mine in South Africa, the Everest Mine was hot commissioned in November 2005 one month ahead of schedule. Targeted annual production is 225,000 PGM ounces, with a life of mine to 2016/2017.
o We hold a 50% interest in the Chromite Tailings Retreatment Program, an innovative and environmentally sound operation that processes old mine dumps and current tailings. Completed in 2005, the operation is targeting production of 28,000 PGM ounces annually, with a life of mine, similar to the Kroondal Mine, to 2017.
o In southern Zimbabwe, we hold a 50% interest in the Mimosa Platinum Mine. Mimosa is arguably the lowest cost primary PGM mine in the world, and is currently undergoing an expansion to an annualised 162,500 PGM ounces, with a life of mine in excess of 30 years.
* With operations in South Africa, we are one of the first companies to complete the equity component under the Black Economic Empowerment Charter and the Mineral and Petroleum Resources Act. We have already filed for the conversion of all our operations to new order mining licenses, and hope to receive a positive review in the near future.
* We continue to deliver good earnings, and maintain a strong balance sheet, and for the last three years, have continued to increase our dividend to shareholders.
