Operations Review (Part 1) - Anglo Platinum

Operations Review (continued)Overview: MiningPotgietersrust Platinums (PPRust)S A F E T Y53Safety performance over the past four years has seen a dramatic improvement and all 2002safety objectives were achieved. The BBS initiative continues to underpin ownership ofsafety issues. Two years have now passed without a fatal orreportable accident.M I N I N GIn the first half of the year Potgietersrust was negativelyaffected by a drop in mill head grade resulting from a low-gradeintrusion in the south pit. An accelerated stripping programme,additional production from a new mini-pit and completion of theGa-Pila village relocation during the year resulted in an increasein available ore reserves by year end, enhancing future miningflexibility. Costs were well controlled; the cash cost per tonmined fell 16,0% compared to 2001. However, the unit costper refined ounce increased by 43,7% as a result of thelower grade.Rosina Mahlatji, a wheel-dozeroperator, preparing for a day’s workat PPRust’s opencast operation.OVERYSEL815 LRPOTGIETERSRUST PLATINUMS LIMITED12ZWARTFONTEIN818 LR3VAALKOP819 LRLEGENDMining AuthorisationPlatreef Pit45TWEEFONTEIN238 KRPlatreefMajor Fault1 Overysel Central*2 Zwartfontein North*SANDSLOOT236 KRKNAPDAAR234 KRRIETFONTEIN240 KR63 Zwartfontein South*4 Sandsloot Pit5 Tweefontein North*6Tweefontein Hill**Future Pits0 5km46