NOVEMBER 2013 2013 Q4 RUTILE PRODUCTION VERSUS TARGETS - THRESHOLD, BUDGET AND STRETCH EVENTS AT SIERRA RUTILE 40,000 35,000 30,000 32,726 31,145 36,118 RUTILE, MT 25,000 20,000 15,000 10,000 23,920 12,008 11,629 10,048 10,558 10,028 10,537 11,070 11,632 12,837 11,652 11,912 5,000 0 Q4 Totals Oct Nov Dec Actual Threshold Budget Stretch In November we produced 11,912 mt of Rutile which exceeded the stretch target, SGR product quality for the month was 95.2% TiO2 EMPLOYEE OF THE MONTH The Company has launched a new Employee of the Month Award designed to recognise employees who go above and beyond the call of duty in their work and display exceptional skill, commitment and performance. Andy Taylor, HOO says: “Sierra Rutile’s staff are the driving force behind the growth and success of our business. We recognise the role that every single one of our people plays in building this business. Without them we would not be in the position we are today, and this scheme is intended to celebrate their outstanding achievements.” Employees can be nominated by colleagues, customers and community members. Sierra Rutile’s senior management team will then assess the nominations, with the winning employee expected to have demonstrated outstanding work; the use of initiative, flexibility and enthusiasm; results in the form of increased care quality, safety initiatives, productivity, increased revenues, reduced costs and/or improved processes/operations; or a special rapport with other employees and/or customers. The Employee of the Month will be announced at the Monthly Communications Meeting; featured in the monthly magazine; and at the end of the year, he or she will join the other 11 employees of the month to become eligible for the Employee of the Year, which will be announced at a special ceremony organised by the company. FIVE CHIEFDOMS WITHIN SIERRA RUTILE LIMITED OPERATIONAL AREA RECEIVE LE. 650 MILLION FOR AGRICULTURAL DEVELOPMENT FUND On Wednesday 4 December, the five mining chiefdoms in Sierra Rutile’s area of operations received a total of 9,000 (six hundred and fifty million Leones) for agricultural development in their chiefdoms from the company. This is more than twice the ,000 they received in 2012, and means the total sum received from Sierra Rutile since 2007 for agricultural development now stands at 9,000 (Le 650 million). The five paramount chiefs representing Lower Banta, Upper Banta, Bagruwa, Imperri and Jong were each presented with a cheque for one hundred and thirty million Leones (Le130m) by the Deputy Minister of Agriculture, Madam Marie Jalloh. To ensure transparency, the money was presented in front of the land owning families in the chiefdoms and other government officials. Speaking at the presentation ceremony, Sierra Rutile’s Environmental Health and Safety Manager, Ansumana Jabati said the Agricultural Development Fund was intended to encourage farming in mining affected communities, and was part of the company’s corporate social responsibility programme.