Investor Presentation - Proactive Investors
Investor Presentation - Proactive Investors
Investor Presentation - Proactive Investors
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Iron ore and manganese development in Africa<br />
Portfolio - Key Milestones<br />
Completed Milestones 2012<br />
2013 Value Drivers<br />
• Nayega Manganese Project – Togo<br />
Resource defined 7.3Mt at 14.7%<br />
Positive economics calculated – low capex and<br />
opex<br />
Met test work undertaken<br />
• Malelane Iron ore Project – South Africa<br />
Resource defined – 139Mt at 36.9%<br />
Scoping study completed with excellent<br />
economics<br />
Further resource programmes underway<br />
• Secured new DSO project - Gabon<br />
<br />
<br />
Secured project with an exploration target of<br />
20Mt at 60%<br />
Proximity to infrastructure with access to<br />
regional ports<br />
• Nayega Manganese Project – Togo<br />
• Secure exploitation permit<br />
• Complete Definitive Feasibility study H1 2013<br />
• Fast-track to mine development H2 2013<br />
• Malelane Iron ore Project – South Africa<br />
• Increase and upgrade resource<br />
• Complete environmental study<br />
• Pre-feasibility H2 2013<br />
• Mebaga DSO project – Gabon<br />
• Define a maiden DSO resource<br />
• Fast track to Scoping Study status by Q4 2013<br />
• Continued evaluation of synergistic<br />
opportunities in Africa<br />
• Complement low-capex/ near to<br />
infrastructure/early production investment<br />
criteria<br />
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